Author: Ifetayo Adeniyi

Tyson Fury and Anthony Joshua Time-Frame To Play Crucial Role For Joshua, Fury Wembley Challenge. Saudi powerbroker Turki Alalshikh has said the blockbuster heavyweight clash between Tyson Fury and Anthony Joshua could still be staged at Wembley Stadium, but only if British authorities agree to a later-than-usual start time to accommodate a global television audience. Alalshikh, who is organising the all-British bout, said he intends to hold talks with the Mayor of London, Sir Sadiq Khan, and other stakeholders in a bid to secure permission for a late-night fight in the capital, with the contest potentially needing to begin as…

President Bola Ahmed Tinubu has given consent for the reconstruction of the Ado-Ijan-Ilumoba- Ikole road. The road project is to be funded through the Renewed Hope Infrastructure Project Fund of the Federal Government. The letter communicating the President’s approval for the road construction was dated July 1, 2026, addressed to the Honourable Minister of Works, Engr Dave Umahi, Chairman of Nigeria Revenue Service, Mr Zach Adedeji and copied to Govenror Biodun Oyebanji. The new development is coming barely seven months after construction work commenced on the Itawure-Aramoko-Ado Ekiti road following the President’s approval. The Ado-Ijan-Ilumoba-Ikole road, which connects the South…

UBA Foundation, the Corporate Social Responsibility arm of the United Bank for Africa(UBA) Group, has strengthened its commitment to financial education by partnering with Slum2School Africa to deliver a hands-on financial literacy workshop for underserved children, equipping them with essential money management skills from an early age. At the heart of the initiative was the UBA Money Explorers Book, an engaging learning companion designed to introduce children to the fundamentals of financial literacy through interactive stories, practical money ledgers, games and activities. The programme also introduced pupils to the UBA Red Vault, a savings product created to encourage healthy financial…

File: Dangote Refinery Dangote Petroleum Refinery has begun free delivery of Premium Motor Spirit popularly known as petrolto six states across Nigeria, including the Federal Capital Territory, Abuja, while maintaining its ex-depot price of N1,075 per litre. The refinery announced the initiative in a notice shared on its official X handle on Wednesday. According to the company, the free delivery service covers Lagos, Ogun, Rivers, Kaduna and Delta states, as well as the Federal Capital Territory, Abuja. The refinery stated that the offer is available to customers purchasing a minimum of 250,000 litres of petrol. The latest move comes shortly…

CBN building The Central Bank of Nigeria has warned members of the public, businesses and financial institutions against rejecting the standard N100 banknote, stressing that it remains legal tender and that violators risk enforcement measures under the CBN Act. The clarification followed reports that some individuals and businesses had refused to accept the standard N100 note over uncertainty surrounding its legal tender status after the introduction of the commemorative N100 banknote. The commemorative N100 banknote was introduced by the Central Bank of Nigeria in 2014 to mark Nigeria’s centenary, celebrating 100 years since the country’s amalgamation in 1914. It was…

Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, has been named the Best Investment Bank in Nigeria for 2026 at the Global Banking and Finance Review Awards. This recognition highlights the firm’s commitment to leadership and excellence in Nigeria’s investment banking sector.  The Global Banking and Finance Review, a leading financial publication, annually celebrates institutions that demonstrate quality, innovation, and contributions to the advancement of banking and financial services worldwide. Now in its 16th edition, the awards honour organisations that uphold outstanding service standards, strategic execution, and industry leadership. Stanbic IBTC Capital’s accolade reflects its strong dedication to delivering…

L – R: Mr. Abolore Solebo, Executive Director, Corporate Bank; Dr. Nneka Onyeali-Ikpe, Managing Director/Chief Executive Officer (both of Fidelity Bank Plc); Mr. Ronald Adams, Managing Director; Mr. Tunde Oduwole, Group Finance Director (both of Shell Nigeria Exploration and Production Company Limited, SNEPCo); at the Memorandum of Understanding signing ceremony between SNEPCo and Nigerian banks for a $3bn contract finance facility aimed at improving access to credit for indigenous oil and gas contractors executing projects for the company in Lagos recently. Fidelity Bank Plc has reinforced its commitment to Nigeria’s oil and gas sector through its participation in the $3…

Elegbede Abiodun Fashola Plays Smart To Keep Dangote Refinery Project In Lagos. Former Lagos State Governor, Babatunde Fashola (SAN), says his administration deliberately lowered the price of land given to the Dangote Group to keep the refinery project in Lagos. Fashola said the move helped secure what is now the 650,000-barrel-per-day Dangote Petroleum Refinery in the Lekki Free Zone. He spoke at the Chartered Institute of Directors (CIoD) Nigeria Women Directors’ Biennial Conference in Lagos, where he delivered a keynote on advancing women’s influence in the boardroom. According to Fashola, negotiations with Dangote had stalled because the company felt the…

FAAN The Federal Government has begun moves to sanitise airport car hire operations through the introduction of a new technology-driven system aimed at eliminating unregulated activities, improving passenger safety and closing security loopholes across the nation’s airports. The initiative, known as the Airport Car Hire Rank Management System, is being implemented by the Federal Airports Authority of Nigeria as part of efforts to modernise ground transportation services at airports under its control. FAAN’s Director of Commercial and Business Development, Ms Adebola Agunbiade, said the new platform was conceived to address long-standing operational challenges, including the absence of central coordination, inconsistent…

Oando Plc, Africa’s leading indigenous energy solutions provider, listed on the Nigerian Exchange Limited and Johannesburg Stock Exchange, has announced its audited results for the financial year ended 31 December 2025, delivering a 32 per cent increase in average daily production to 32,482 barrels of oil equivalent per day and a Profit After Tax of N204.8bn. The 2025 financial year, Oando said in a regulatory filing on Monday, marked a transition year for the group, with the first full-year contribution from the Nigerian Agip Oil Company Joint Venture assets and a shift from acquisition-led growth to operational execution and balance…