By Ayomide Otitoju Nigeria’s banking sector faces a stark reality: the combined market capitalisation of its 33 licensed banks pales in comparison to Standard Bank Group of South Africa, which alone is valued at around ZAR 384 billion ($21.8 billion). For a nation of over 200 million people, this disparity exposes deep structural weaknesses in…
By Ayomide Otitoju Airtel Nigeria has launched a celebratory video marking Nigeria’s 65th Independence Day, highlighting its employees as symbols of the nation’s resilience, optimism, and shared future. The colourful production, released across Airtel’s social media platforms, was accompanied by a one-day nationwide promotion offering customers 20% extra data on all bundle purchases, reinforcing the…
By Ayomide Otitoju President Bola Ahmed Tinubu received Arsenio Dominguez, Secretary-General of the International Maritime Organization (IMO), in Lagos, reaffirming his administration’s commitment to developing Nigeria’s maritime sector as a strategic alternative to fossil energy. Speaking during the audience, President Tinubu highlighted the recent signing of the National Maritime Policy as a deliberate measure to…
By Ayomide Otitoju Funso Aina, Senior Manager of External Relations at MTN Nigeria, has been named the Outstanding Public Relations and Corporate Communications Personality of the Decade at the 2025 EDGE Awards, recognising his lasting impact on Nigeria’s communications sector. The accolade celebrates over two decades of excellence in shaping narratives, building corporate reputations, and…
By Ayomide Otitoju African industrialist Aliko Dangote, President and CEO of Dangote Group, on Thursday spearheaded the groundbreaking of a $2.5 billion fertiliser plant in Gode, Ethiopia, marking a major milestone in the continent’s industrial landscape. The project, a partnership between Dangote Group and Ethiopian Investment Holdings (EIH), will produce three million metric tonnes of…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that the recent nationwide strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) caused a sharp decline in Nigeria’s oil and gas production, triggering widespread economic and energy ripple effects. According to NNPCL, the industrial action led to an…
US President Donald Trump has issued a stark ultimatum to Hamas, giving the militant group until 2200 GMT on Sunday (1:00 a.m. Monday in Gaza) to accept his 20-point peace plan for Gaza or face what he described as “all hell like no one has ever seen before.” Trump delivered the warning on Friday via…
By Ayomide Otitoju A coalition of Federal Capital Territory (FCT) Civil Society Organisations (CSOs) has come out strongly in defense of FCT Minister Nyesom Wike, rejecting recent corruption allegations as a politically motivated campaign aimed at undermining President Bola Tinubu’s administration. The coalition, representing community advocates and development watchdogs, described the claims of asset concealment,…
By Ayomide Otitoju Former President Goodluck Ebele Jonathan has disclosed that Boko Haram insurgents once nominated former President Muhammadu Buhari to represent them in peace talks with the federal government during his administration’s efforts to pursue dialogue as an alternative to military action. Jonathan made the revelation on Friday in Abuja at the public presentation…
