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50th Anniversary: Okomu oil rewards shareholders with N55 dividend per share

50th Anniversary: Okomu oil rewards shareholders with N55 dividend per share

….net profit stood at N57.9bn in 2025 By Gabriel Ewepu ABUJA – ON the heels of marking its 50 years of operation in Nigeria, Okomu Oil Company Plc, Tuesday, rewarded loyal shareholders with N55 per share for the financial year 2025. Speaking at the 46th Annual General Meeting, AGM, Chairman, Okomu Oil Company Plc, Gbenga […]

Fintech firm moves to tackle Africa remittance challenges

Fintech firm moves to tackle Africa remittance challenges

African compliance and cybersecurity company, Smartcomply, has concluded plans to tackle the high cost of remittances to Sub-Saharan Africa. This followed findings by the World Bank and SWIFT showing that de-risking of African financial flows has intensified, with correspondent banking relationships into Sub-Saharan Africa declining by more than 25 per cent over the past decade. […]

Why Blessing Fubara Snr is emerging as Rivers’ most trusted governorship hope

Why Blessing Fubara Snr is emerging as Rivers’ most trusted governorship hope

As Rivers State gets set for the governorship election next year following the successful screening of aspirants, conclusive and awaiting primaries across party lines, one name continues to gain remarkable momentum and traction across the political space — Blessing Fubara Snr of the Nigeria Democratic Congress (NDC). Unlike many politicians associated with elite bargaining, transactional […]

Sallah: Lagos Assembly Muslim community calls for peace

Sallah: Lagos Assembly Muslim community calls for peace

By Ebunoluwa Sessou & Shedrack Osiomwauri In commemoration of the Eid al-Adha, the Amir/Lead Imam of the Lagos State House of Assembly Muslim Community, Abdushshakur Osoala, has called on Muslims in Nigeria and the world at large to embrace peaceful celebrations, unity, and harmonious coexistence. In his message, Osoala urged Muslim faithful to reflect deeply […]

Tetracore Energy begins power generation, distribution from Atakobo system

Tetracore Energy begins power generation, distribution from Atakobo system

By Adesina Wahab Tetracore Energy Group, through its subsidiary Tetracore Power Company Limited, has started power generation and distribution from Phase I of its 100MW Atakobo Independent Power Generation & Distribution System (Atakobo IPP). This milestone marks the transition of the Atakobo IPP from development into active generation, distribution, and commercial operations, further demonstrating Tetracore […]

Kwara NSCDC intercepts truck loaded with suspected lithium ore, nabs three illegal miners

Kwara NSCDC intercepts truck loaded with suspected lithium ore, nabs three illegal miners

By Demola Akinyemi, ILORIN The Kwara State Command of the Nigeria Security and Civil Defence Corps (NSCDC) has arrested three suspected illegal miners following the interception of a truck conveying suspected lithium ore along the Jebba Expressway in Ilorin. The suspects, identified as Musa, Aliyu, and Ishaq are all natives of Keffi in Nasarawa State. […]

Lagos clears N3.6bn salary backlog, boosts public workers’ welfare

Lagos clears N3.6bn salary backlog, boosts public workers’ welfare

.Pays retirees N8bn By Olasunkanmi Akoni Lagos State Government has approved and paid N3.67 billion in salary arrears to 6,293 academic and non-academic staff of state-owned tertiary institutions as part of sweeping welfare and public service reforms aimed at improving workers’ wellbeing and sustaining industrial harmony across the state. Commissioner for Establishments and Training, Mr. […]

APM Senatorial Candidate Ajadi distributes over 500 bags of rice

APM Senatorial Candidate Ajadi distributes over 500 bags of rice

The Senatorial candidate of Oyo Central Senatorial District under the Allied Peoples Movement (APM), Ambassador Olufemi Ajadi Oguntoyinbo, has distributed over 500 bags of rice to residents, party members, state executives, and key stakeholders across Oyo State ahead of the forthcoming Eid al-Adha celebration.