The Benin-Asaba Expressway Concession Company Limited (BAECC) has appealed for patience from motorists and communities along the corridor as it prepares to accelerate construction on the 125-kilometre highway following the rainy season. Chief Executive Officer of BAECC, Samuel Daramola, in a statement today, said the company remained committed to delivering the project despite persistent rainfall and the difficulties of reconstructing a heavily travelled highway while keeping it open to traffic. “We recognise the inconvenience that motorists and communities have experienced, and we do not take their concerns lightly,” Daramola said. “Our responsibility is not only to build the permanent road…
Author: Lilian Azuh
Tony Elumelu, chairman of Heirs Holdings, says lessons from his days as a photocopier salesperson have continued to shape his approach to business. Elumelu shared the reflection on Thursday in a post on X, alongside a photograph of his old business card as a sales representative. “Stumbled upon my old business card from my early days as a photocopier salesperson,” he said. The businessman said the period taught him the importance of resilience, negotiation and grit. “It brought back memories of being a young, hungry sales rep, learning the fundamentals of resilience, negotiation, and grit,” Elumelu said. He said the…
More than 260,000 students across 13 universities in Nigeria are set to experience the NESCAFÉ Campus Storm 2026, as NESCAFÉ takes its “My Coffee, My Vibe” campaign directly to university campuses, creating experiences around the music, creativity, connections and interests that shape campus life. Following International Youth Day, celebrated on August 12 under the theme “Different Contexts, Common Aspirations,” the Campus Storm reflects the diversity of interests, passions and aspirations that shape the experiences of young Nigerians. Across the participating universities, NESCAFÉ is creating spaces where students can connect, express themselves and explore their interests through art, music, poetry, creativity…
Tension is reportedly rising around some areas of the Lagos Coastal Road project following allegations of a disagreement between officials of the Lagos State Government and a Federal Government task force working on Federal land and the approved coastal highway setback. The situation has raised concerns about a possible clash between Federal and State authorities, with calls for President Bola Ahmed Tinubu to intervene before the matter gets out of hand. The allegations involve some Lagos State officials, including CSP Shola Jejeloye of the Lagos State Rapid Response Squad (RRS), CSP Tayo Akerele of the Lagos State Task Force, Dr.…
Investors seeking to subscribe to the Dangote Petroleum Refinery IPO can complete the process in less than two minutes through Fidelity Bank’s digital channels. The Bank has provided multiple subscription options designed to serve existing Fidelity Bank customers, corporate organisations and non-customers in Nigeria and abroad. The available channels include the Fidelity Bank iOS Mobile App, Android Mobile App, corporate banking platform for Fidelity corporate customers and designated Fidelity Bank branches nationwide. A major feature of the bank’s subscription soluition is the availability of Virtual Accounts for investors who do not maintain accounts with Fidelity Bank. Through this option, non-Fidelity…
The Honourable Minister of Power, Joseph Tegbe has secured a commitment from leading Chinese equipment manufacturer TBEA to establish a power and energy equipment industrial park in Nigeria. The commitment was made during a high-level meeting at TBEA’s Beijing headquarters, part of a working visit to engage original equipment manufacturers and technical partners of the Presidential Power Initiative. The proposed park would position Nigeria as a manufacturing and export hub for critical power-sector equipment, moving the country beyond imports toward local production, while creating jobs and building a base of indigenous suppliers. Tegbe described TBEA as a long-term strategic development…
Dangote Petroleum Refinery & Petrochemicals FZE today announced the commencement of its Initial Public Offering (IPO), marking a historic milestone in Nigeria’s economic development and the evolution of Africa’s capital markets. The offer will be formally launched at a ceremony on the trading floor of the Nigerian Exchange (NGX) in Lagos, bringing to the public, for the first time, an opportunity to own a stake in Africa’s largest refinery and one of the world’s most significant industrial projects. The IPO, which opens today, September 14, 2026, consists of 4.1 billion new ordinary shares offered at N525 per share, with a…
The Governor of Anambra State, Professor Chukwuma Charles Soludo, CFR, has heartily congratulated His Lordship, Most Reverend Paulinus Chukwuemeka Ezeokafor, the Catholic Bishop of the Diocese of Awka, on the joyful occasion of his 74th birthday today. In his goodwill remarks, Governor Soludo eulogised Bishop Ezeokafor for devoting his life to the service of God and humanity through his decades of priestly devotion. Having been ordained priest since 1984, served as Auxiliary Bishop of Awka Diocese from 2007 to 2011, and continues as the Bishop of the Diocese with distinction, pastoral wisdom, and unrelenting commitment, Bishop Ezeokafor hastoday become a…
Nigerians at home and in the diaspora seeking to participate in the landmark Initial Public Offering of DangotePetroleum Refinery and Petrochemicals can subscribe conveniently through Zenith Bank, a receiving bank forthe historic transaction and a designated electronic application channel for the offer. Subscription is open through the Zenith Bank website, the Zenith mobile app, internet banking, USSD, corporate internet banking and any Zenith Bank branch nationwide. Across all of these channels, anchored by Zenith Bank’s network of 456 branches and 84 cash centres, investors enjoy a secure, fast and reliable route into the offer from anywhere in the world, at…
The Director-General of the National Information Technology Development Agency (NITDA) Kashifu Inuwa, in a powerful contribution to a high-level industry panel on converting digital demand into data centre investment, has outlined Nigeria’s strategic playbook for unlocking the next wave of tech infrastructure capital. Speaking at a high-level industry panel on “Converting Digital Demand into Data Centre Investment” during the just concluded ITW Data Cloud Africa 2026 alongside Ike Nnamani of Digital Realty Nigeria, Wole Abu of Equinix, Temitope Osunrinde of Africa Hyperscalers and Cherotich Kiereini of Oracle. Inuwa emphasized that translating the nation’s skyrocketing digital footprint into bankable, sustainable investments…