Yemo Alakija (right), President, Lagos Polo Club and Mr. Segun Agbaje, Group CEO, GTCO Plc along side other dignitaries and players during the presentation of the Majekodunmi Cup to winners at the NPA Lagos International Polo Tournament sponsored by GTCO in Lagos. Guaranty Trust Holding Company Plc has reaffirmed its commitment to advancing sports development in Nigeria and across Africa following the thrilling conclusion of the 2026 NPA Lagos International Polo Tournament, where Lagos STL emerged champions of the prestigious Majekodunmi Cup. As headline sponsor of one of Africa’s oldest and most celebrated polo showcases, GTCO continues to champion a…
Author: Lilian Azuh
…Sets Benchmark for Strategic Growth Sterling Financial Holdings Company Plc has confirmed that its core banking subsidiaries, The Alternative Bank (AltBank) and Sterling Bank, are fully recapitalised in line with the Central Bank of Nigeria’s (CBN) revised minimum capital requirements, following final regulatory approvals received in January 2026. The capital-raising programme itself was substantially completed between December 2024 and October 2025, positioning the Group well ahead of the 2026 industry deadline. In December 2024, the Group completed a ₦75 billion Private Placement, raising ₦73.86 billion in net proceeds. Of this amount, ₦68.8 billion was allocated to Sterling Bank and ₦5…
By Azuh Amatus In recent years, Nigeria has sought to address the persistent financing challenges faced by its youths in accessing tertiary education. A major milestone in this effort is the establishment of the Nigerian Education Loan Fund (NELFUND), a government-backed student loan scheme designed to reduce financial barriers and expand access to higher education nationwide. However, the current structure of NELFUND excludes students enrolled in private universities, focusing predominantly on public institutions. This exclusion, though framed around initial funding constraints and logistical challenges, raises serious questions about equity, national development, and the broader goals of educational inclusion. It is…
Obama Former US President Barack Obama has reignited global discussion on extraterrestrial life after revisiting the topic in a viral interview clip shared on X on Saturday.In the video, Obama confirmed the existence of aliens, though he clarified he has never personally seen them. Obama said: “They’re real, but I haven’t seen them. They’re not being kept at Area 51. There’s no underground facility, unless there’s this enormous conspiracy and they hid it from the President of the United States.” The remarks reflect his longstanding public position on the issue. During and after his two terms in office, Obama has…
L-R: Head, Strategy, Research & Investor Relations, Africa Prudential, Joshua Omewah; Group Head, Sales, Retention and Growth, AVON, Ajibola Bakare; Managing Director, UBA Pension, Blessing Ogwu; Head, Diaspora Banking, Anant Rao; Chief Marketing Officer, Heirs Insurance Group, Ifesinachi Okpagu; Business Development Manager, United Capital, Onyinye Osunwoke and Executive Director, Afriland Properties, Olukayode Odebiyi, during the UBA’s Panel session, themed: ’Beyond Banking: Powering the Diaspora Lifestyle,’ held at UBA House Marina, in Lagos on Thursday Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the…
Elrufai Pelumi Olajengbesi, a lawyer, has asked Department of State Services (DSS) and the Office of the National Security Adviser (ONSA) to investigate Nasir el-Rufai, the former Kaduna governor, over the “public admission” that he “procured” the tapping and recording of the telephone conversations of Nuhu Ribadu, the NSA. In an interview on Arise Television’s Prime Time, el-Rufai said “someone tapped” Ribadu’s phone, allowing him to listen to a conversation where the NSA “ordered” his arrest. Olajengbesi, in a statement on Sunday, said that it is not a “matter of political drama or public banter”. “It is, in substance, an allegation of…
The Nigeria–China Strategic Partnership (NCSP) has reaffirmed its commitment to consolidating engagements with the Organized Private Sector while strengthening strategic collaboration to accelerate Nigeria’s industrial expansion. This followed a high-level meeting with the leadership of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), focused on aligning institutional efforts to deepen Nigeria–China economic cooperation and position Small and Medium Enterprises (SMEs) as primary beneficiaries of trade, manufacturing, and investment initiatives. Director-General of NCSP, Joseph Tegbe, stated that the Partnership was established as a structured coordination platform to drive Nigeria’s strategic economic engagement with China in a disciplined…
Photo Caption: Team NLNG celebrates being crowned overall champions at the 20th edition of the Nigeria Oil and Gas Industry Games (NOGIG), showcasing excellence, teamwork, and a winning spirit. NLNG has been crowned Overall Champion and Best Sports Company at the 20th edition of the Nigeria Oil and Gas Industry Games (NOGIG), which ended, Saturday, in Abuja with a resounding display of athletic excellence and team spirit. Team NLNG topped the medal table with an impressive 52 medals; comprising 20 gold, 16 silver and 16 bronze to take the lead from the defending champion, Nigerian National Petroleum Company Limited (NNPCL), who…
Elumelu Tony Elumelu, chairman of Heirs Holdings, has urged African governments to deepen collaboration with the private sector to drive transformation in rural economies. Elumelu spoke at the 49th governing council of the International Fund for Agricultural Development (IFAD) in Rome, Italy. He identified electricity access, blended finance, and business education as key pillars for making agriculture a viable career path for young Africans. The chairman said a partnership between governments and the private sector is essential for Africa’s development. “We believe that increased collaboration and cooperation between government and the private sector—especially in Africa—are vital to catalyse more transformation…
INEC logo There has been outrage on social media following the announcement by the Independent National Electoral Commission (INEC) that the 2027 general election will be held on February 20 and March 6. Joash Amupitan, INEC chairman, on Friday, announced at a press conference in Abuja that the presidential and national assembly elections would be held on February 20, 2027. The INEC chairman added that the governorship and state houses of assembly elections would be held on March 6, 2027. He said the dates were fixed in accordance with the provisions of the 1999 Constitution (as amended). However, the dates fall within…