Author: Ifetayo Adeniyi

Manny Ita  – Nigeria is set to host a major high-level policy dialogue as the Voice of Nigeria convenes its 2026 forum in Abuja, bringing together key stakeholders to examine the country’s leadership role in sustaining democracy across West Africa. The event, scheduled to commence at 10:00 a.m. at the Shehu Musa Yar’Adua Centre, is expected to attract policymakers, diplomats, media professionals, and development experts from within and outside the region. Chaired by former Head of State Yakubu Gowon, the forum is centered on the theme of Nigeria’s long-standing contributions to democratic stability within the Economic Community of West African…

Manny Ita  – Nigeria’s electricity sector continues to grapple with deep financial inefficiencies despite strong revenue inflows, according to newly released data from the Nigerian Electricity Regulatory Commission. The report indicates that electricity distribution companies collectively generated about ₦204 billion within the review period, reflecting sustained demand and consumer willingness to pay for power supply across the country. However, the gains were significantly undermined by a persistent revenue shortfall estimated at ₦131 billion, attributed largely to poor collection efficiency, energy theft, and widespread metering deficiencies. Industry data shows that a substantial portion of electricity supplied to consumers remains either unbilled…

• Before age of 50, Adenuga had ascended the summit of one of Africa’s most formidable business empires. • With innovations, he shapes Globacom into competitive landscape. In a few days’ time, on April 29, Dr. Mike Adenuga, Jr., the quintessential architect of enterprise and trillionaire Chairman of Globacom, will mark his 73rd birthday. To think that time has dimmed his fire would be profound misjudgement. For the man, fondly called the “Spirit of Africa” by close associates, life, even in the 70s, remains an unrelenting pursuit of accomplishment. Achievement is not an episode in his life’s journey; it is…

Zenith Bank Plc has released its audited results for the 2025 financial year, posting a pre-tax profit of N1.26 trillion, representing a marginal decline of 4.78 per cent compared to the N1.3 trillion recorded in 2024. This is because the board of the bank is proposing a final dividend of N8.75, bringing the total dividend payout to N10 per share The bank had sustained strong earnings momentum driven by robust growth in interest income, which rose significantly to N3.6 trillion from N2.7 trillion in the previous year. The performance was largely supported by increased earnings from loans and advances to…

As the price reduction follows a significant decline in global crude oil prices in recent days. The Dangote Petroleum Refinery has dropped the ex-gantry price of Premium Motor Spirit (PMS) to ₦1,200 per litre, reversing its recent price increase. The refinery cut the price by ₦75 per litre, after previously raising it to about ₦1,275 per litre amid pressure from rising global crude oil prices. It was gathered that the latest adjustment reflects changes in the international oil market. The price reduction follows a significant decline in global crude oil prices in recent days. Data from international oil markets show…

The Nigerian National Petroleum Company (NNPC) Limited, has commenced export of its new crude grade – Cawthorne, marking a significant milestone in the Company’s drive to increase Nigeria’s crude oil production and expand its portfolio of globally competitive export streams. In a special information forwarded to TheForesightNG (foresightng.com) through the Chief Corporate Communications Officer, NNPC Limited Abuja Andy Odeh disclosed that Cawthorne blend crude, the latest addition to Nigeria’s basket of crude grades, has an API gravity of 36.4, placing it firmly within the light, sweet category – comparable to Bonny Light, and highly valued in the global market for…

L-R: Prof. Shadrach Olufemi Akindele, Vice Chancellor, Redeemers University, Engr. Eloka Eje, Dr Perez Araka, Pastor (Mrs) Folu Adeboye, Mother-In-Israel, The Redeemed Christian Church of God, Mr Ade Buraimo, MD/CEO Alpha Morgan Bank, Dr (Mrs) Oluwatomi Somefun, Dr. Simeon Ifere, at the inauguration of the Redeemer’s University Business School, Redemption City, Ogun State on Thursday 2nd April, 2026 Alpha Morgan Bank has reaffirmed its commitment to education and institutional development through its support for the commissioning of the Redeemer’s University Business School. The Business School was officially inaugurated by Pastor (Mrs.) Folu Adeboye, at the commissioning ceremony attended by distinguished…

Sterling Bank, through its women focused initiative, OneWoman, convened a powerful gathering of women entrepreneurs, development finance institutions, ecosystem leaders, and business stakeholders at the Funding Her Future Breakfast Dialogue in Lagos. The session brought together voices from across sectors for a focused and necessary conversation on how to unlock more inclusive and effective financing pathways for women led businesses in Nigeria. At its core, the dialogue was not just about access to capital. It was about building the right systems around women entrepreneurs. Conversations explored how financing, business readiness, ecosystem support, and institutional partnerships must come together to drive…

Elegbede Abiodun Mammoth crowd of ADC members and supporters are involved.  Chieftains and members of the Opposition Coalition’s embattled political party, African Democratic Congress (ADC), have taken to the streets on Wednesday morning in protest against the alleged partisanship of the Independent National Electoral Commission (INEC). The protest currently taking place in Abuja involved a procession to the INEC headquarters in the nation’s capital city. Announcing the development via his verified social media handles, former Vice President Atiku Abubakar described the protest as ‘peaceful’ and aimed at ‘safeguarding our democracy and preventing the enthronement of a dictatorship.’ He wrote: “Myself…

Stanbic IBTC Holdings has concluded the 2026 edition of the Nigeria Business Summit, with discussions centred on trade expansion and sustainable economic growth. A statement from the bank on Tuesday stated that the two-day summit brought together industry leaders, policymakers, entrepreneurs, and stakeholders across multiple sectors to explore sustainable business practices, foster economic growth, and unlock global trade opportunities. The event featured a keynote address by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, who emphasised the need for Nigeria to reposition itself as an export-driven economy. “Our true potential lies in becoming a leading export…