Makinde Expels Influential “Vagabonds” from Oyo PDP

By Ayomide Otitoju Oyo State Governor, Seyi Makinde, has announced the expulsion of a group he described as “vagabonds” who previously exerted influence within the Peoples Democratic Party (PDP). Makinde made the declaration on Tuesday during the unveiling of the Oyo State PDP secretariat in Ibadan, saying the party is now free from internal disruption….

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Lagos Govt Says Makoko Demolitions Part of Safety, Redevelopment Plan

By Ayomide Otitoju The Lagos State Government has clarified that recent demolitions in Makoko were part of a broader safety, environmental, and redevelopment initiative aimed at protecting lives and preventing disasters linked to unsafe settlements, fire outbreaks, and high-risk infrastructure. The statement was made on Monday during a press briefing by Dr. Olajide Babatunde, Special…

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Oando Reports 32% Production Growth, ₦241 Billion Profit in 2025

By Ayomide Otitoju Oando PLC, Africa’s leading indigenous energy solutions provider, has released its unaudited results for the full year ended December 31, 2025, reporting a 32% year-on-year increase in upstream production to an average of 32,482 barrels of oil equivalent per day (boepd). The growth was driven by a 36% rise in crude oil…

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Afreximbank Names Top 8 Startups for Inaugural Accelerator Program

By Ayomide Otitoju African Export-Import Bank (Afreximbank) has unveiled the top eight finalists for the first cohort of its Afreximbank Accelerator Program, a three-month initiative launching in March 2026 to support Africa’s most promising startups driving innovation in intra-African trade. The finalists were selected from over 1,600 applicants through a rigorous process involving business assessments,…

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Sanwo-Olu Urges Investors to Partner with Lagos for Development

By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, on Monday called on local and international investors to channel investments into Lagos, emphasizing the State’s readiness to partner with the private sector to drive development. Speaking at the Nigeria-UAE Investment Forum, “Investopia Global Africa,” organized by the Federal Ministry of Industry, Trade and Investment at Eko…

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₦501bn Bond Boosts Nigeria’s Power Sector Debt Resolution

By Ayomide Otitoju Africa Finance Corporation (AFC) has announced its role as Co-Financial Adviser on the successful issuance of the inaugural tranche of bonds under the Federal Government of Nigeria’s Presidential Power Sector Financial Reforms Programme (PPSFRP). The bond issuance, valued at ₦501 billion, represents a major milestone in the implementation of the ₦4 trillion…

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Polaris Bank Launches Free Breast Cancer Screening

By Ayomide Otitoju In commemoration of World Cancer Day on February 4, 2026, Polaris Bank has reaffirmed its commitment to community health and social impact with the launch of a nationwide free breast cancer screening initiative, in partnership with its NGO partner, Care Organisation and Public Enlightenment (C.O.P.E). The initiative aims to promote cancer awareness,…

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Access Bank Appoints Ifeyinwa Osime as Board Chairman

By Ayomide Otitoju Access Bank Plc has appointed Ifeyinwa Osime as the new Chairman of its Board, following the retirement of Paul Usoro on January 29, 2026, after completing his regulatory tenure. The appointment was disclosed in a notice to the Nigerian Exchange Limited on Monday by the company’s secretary, Sunday Ekwochi. In the statement,…

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Labour Party Announces Plans for Congresses, National Convention

By Ayomide Otitoju Abia State Governor Alex Otti has announced that the Labour Party (LP) has formally informed the Independent National Electoral Commission (INEC) of plans to conduct party congresses and a national convention as part of efforts to strengthen internal cohesion. Speaking at a press briefing on Saturday, Otti said preparations are already underway…

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