ECOWAS, Ecobank Train 100 in Off-Grid Solar

By Ayomide Otitoju The Economic Community of West African States (ECOWAS), in partnership with Ecobank Nigeria and the World Bank, has trained over 100 Nigerian entrepreneurs in the off-grid photovoltaic solar energy sector. The initiative, conducted under the Regional Off-Grid Electricity Access Project (ROGEAP), aims to build a robust regional market for standalone solar systems….

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Zenith Bank Pledges Bigger Dividends, Pays ₦195.7bn for 2024

By Ayomide Otitoju Shareholders of Zenith Bank Plc have approved a final dividend of ₦4.00 per share at the bank’s 34th Annual General Meeting (AGM), held on Tuesday, April 29, 2025, at the Civic Centre, Victoria Island, Lagos. This brings the total dividend for the 2024 financial year to ₦5.00 per share, amounting to ₦195.67…

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Truck Plunges Off Pen Cinema Bridge, Injures Driver in Lagos

By Ayomide Otitoju A fully-laden truck with registration number GGE 624 YJ plunged off the Pen Cinema Bridge in the Agege area of Lagos State on Saturday, leaving the driver with severe injuries. The incident, which occurred along Old Abeokuta Road, saw the truck fall onto two commercial buses stationed beneath the bridge, causing significant…

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Rivers PDP Lawmakers Back Tinubu for 2027 Re-election

By Ayomide Otitoju Members of the Rivers State caucus of the Peoples Democratic Party (PDP) in the National Assembly have pledged their support for the re-election of President Bola Ahmed Tinubu in 2027, citing the visible impact of his administration’s economic policies. The declaration was made on Saturday in Port Harcourt through a statement jointly…

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Sanwo-Olu Showcases $259bn Lagos Economy at Harvard

By Ayomide Otitoju Lagos State Governor Babajide Sanwo-Olu has highlighted Lagos as a premier destination for investors, citing its $259 billion GDP, robust infrastructure, and business-friendly policies. Speaking at Harvard Business School during Professor Hakeem Belo-Osagie’s course, “Understanding Africa: Business, Entrepreneurship, Political Economy and the Complexities of a Continent,” Sanwo-Olu described Lagos as “a business…

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FBI Nabs 22 Nigerians in Sextortion Crackdown Tied to Teen Suicides

By Ayomide Otitoju The United States Federal Bureau of Investigation (FBI) has arrested 22 Nigerian nationals as part of a sweeping international crackdown on financially motivated sextortion crimes, an operation codenamed “Operation Artemis.” The coordinated effort, involving law enforcement agencies from Canada, Australia, the United Kingdom, and Nigeria, comes in response to a disturbing surge…

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Steve Crown Weds Ruth Thomas in Abuja, Vow Video Sparks Buzz

By Ayomide Otitoju Nigerian gospel singer Steve Crown has married his partner, Ruth Thomas, in a wedding ceremony that drew widespread attention from fans and fellow artistes. The event, held on Saturday in Abuja, quickly became a trending topic after a video surfaced online showing Ruth kneeling before Steve to deliver her vows. The emotional…

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52 New Dangote Petroleum Engineers Complete Training, Set for Induction

By Ayomide Otitoju A new cohort of 52 trainee engineers has successfully completed the Dangote Petroleum Refinery Graduate Trainee Programme and is poised for formal induction into the refinery’s workforce. The engineers, specializing in Chemical, Electrical/Electronic, and Mechanical Engineering, underwent rigorous training, culminating in project presentations and defenses evaluated by refinery management. The latest batch,…

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Dangote Cement Q1 Pre-Tax Profit Soars 87.5% to ₦312bn

By Ayomide Otitoju Dangote Cement Plc has reported robust financial results for the first quarter ended March 31, 2025, posting a pre-tax profit of ₦311.97 billion-an 87.5% increase from ₦166.40 billion recorded in the same period last year[1][2]. The company’s profit after tax surged by 85.7% to ₦209.25 billion, compared to ₦112.67 billion in Q1…

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