By Ayomide Otitoju Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has reaffirmed its commitment to helping Nigerians secure their financial futures and build lasting legacies through its Private Banking services. With a focus on personalized financial solutions, portfolio management, investment strategies, and estate planning, the bank provides clients with tools to navigate complex…
By Ayomide Otitoju FirstBank has introduced a dollar-denominated money market fund exclusively for members of the FirstBank Women Network, reinforcing its commitment to gender equity and financial empowerment. The initiative was announced by FirstBank Group Chief Executive Officer, Olusegun Alebiosu, during the bank’s International Women’s Day event in Lagos. Represented by Executive Director of Retail…
By Ayomide Otitoju The Nigerian National Petroleum Company (NNPC) Limited has dismissed reports suggesting that it unilaterally terminated its crude oil supply agreement with Dangote Refinery. In a statement issued by its Chief Corporate Communications Officer, Olufemi Soneye, NNPC clarified that the crude supply contract was structured as a six-month agreement, subject to availability. The…
By Ayomide Otitoju The Kaduna State chapter of the All Progressives Congress (APC) has downplayed the defection of former Governor Nasir El-Rufai to the Social Democratic Party (SDP), insisting that it remains focused on strengthening its political dominance in the state. El-Rufai, who announced his resignation from the APC on Monday, cited disappointment with the…
By Ayomide Otitoju Umma Getso, the 2019 vice-presidential candidate of the Young Progressives Party (YPP), has claimed that some women in politics falsely accuse men of sexual harassment to serve their own political interests. Speaking on the ongoing controversy between Kogi Central Senator Natasha Akpoti-Uduaghan and Senate President Godswill Akpabio, Getso called for fairness and…
By Ayomide Otitoju The Eko Electricity Distribution Company (EKEDC) has attributed the ongoing poor power supply in Lagos to a fault on the 330kV transmission lines supplying electricity to the region. In a statement issued on Monday, EKEDC explained that reduced power allocation from the Transmission Company of Nigeria (TCN) has necessitated load-shedding across its…
Canada’s incoming prime minister, Mark Carney, has taken a defiant stance against the United States, vowing to resist U.S. President Donald Trump’s trade policies. Addressing supporters in Ottawa on Sunday, the former central banker declared his commitment to protecting “the Canadian way of life” after securing an overwhelming victory in the Liberal Party leadership race….
By Ayomide Otitoju The Lagos State government has announced the release of Africa’s first technology and artificial intelligence-themed feature film, Makemation, set to premiere in cinemas across Nigeria on Easter Weekend, April 18, 2025. Governor Babajide Sanwo-Olu made the announcement on Sunday, describing the film as a landmark production that highlights the transformative power of…
By Ayomide Otitoju In a major boost for Nigeria’s gas sector, NNPC Gas Marketing Ltd (NGML), a subsidiary of the Nigerian National Petroleum Company Ltd (NNPC), and its joint venture partner, NIPCO Gas Ltd, have signed a Gas Sale and Purchase Agreement (GSPA) with Ssonic Petroleum Ltd. The deal will facilitate the supply of natural…
