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Financial Trust Company Celebrates 50 Years of Resilience

08.05.2026
The Group Managing Director and Chairman of Financial Trust Company, Omoniyi Ajayi, has announced the company’s 50th anniversary, describing the milestone as a “testament to endurance, institutional vision, and sustained trust” within Nigeria’s evolving capital market. Speaking at a press conference in Lagos on Wednesday, 6 May 2026, Ajayi noted that the anniversary represents more...
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Access Holdings Strategy Focuses on Shareholder Rewards

08.05.2026
Access Holdings Plc has reaffirmed its commitment to long‑term shareholder value and sustainable returns following a strong performance in the 2025 financial year. The Group also provided clarity on the rationale for the non‑payment of dividends for the year ended 31 December 2025. The clarification was provided during the Group’s Full Year 2025 Investors and...
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Insurance Brokers in Nigeria to Tap Infrastructure

08.05.2026
The President and Chairman of Council of the Nigerian Council of Registered Insurance Brokers, Ekeoma Ezeibe, has called on practitioners to reposition themselves as central players in the nation’s emerging industrial landscape. Speaking at the April 2026 Edition of the NCRIB Members’ Evening in Lagos, hosted by Universal Insurance Plc, Ezeibe highlighted that the unification...
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FCMB Group Strengthens Leadership with New Appointment

08.05.2026
FCMB Group Plc has announced the appointment of Adepeju Adebajo as an Independent Non-Executive Director. The appointment follows formal approval from the Central Bank of Nigeria. This is contained in a statement issued by the FCMB Group on Thursday. Adebajo, a seasoned executive with over three decades of experience, joins the Board at a pivotal...
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FG Highlights LGs’ Role in Economic Inclusion Drive

08.05.2026
The Federal Government has urged local government chairmen across the country to take the lead in driving inclusive development and strengthening social protection systems at the grassroots level. This was contained in a statement issued on Thursday by the Federal Ministry of Budget and Economic Planning following a stakeholder engagement with local government chairmen hosted...
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FG issues petrol import licences for 720,000MT

08.05.2026
The Federal Government, through its Nigerian Midstream and Downstream Petroleum Regulatory Authority, has issued licences to six marketers for the importation of 720,000 metric tonnes of Premium Motor Spirit (petrol). The marketers are NIPCO, AA Rano, Matrix, Shafa, Pinnacle, and Bono. The development comes amid claims by the NMDPRA that the Dangote Petroleum Refinery now...
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Iran cuts oil output as storage nears capacity

08.05.2026
The United States and Iran are edging towards a temporary agreement to halt their war as Tehran grapples with an escalating oil storage crisis caused by stalled crude exports and falling production. Sources and officials told Reuters on Thursday that both countries were working on a short-term memorandum aimed at stopping the fighting and stabilising...
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Why a Strong AI Healthcare Infrastructure is Essential

08.05.2026
Schneider Electric has called for stronger and more resilient infrastructure to support the growing adoption of artificial intelligence in healthcare, warning that unreliable power systems and inadequate data infrastructure could limit the sector’s ability to fully benefit from emerging technologies. The call was made by the Vice President for Secure Power, SSA, at Schneider Electric,...
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NGX Market Capitalisation Drops N1.92tn Amid Selloffs

08.05.2026
The Nigerian equities market retreated into negative territory on Thursday as a massive wave of sell-offs in large-cap stocks erased N1.922tn from the total market capitalisation. This downturn was primarily driven by investors rotating out of high-value industrial and consumer goods stocks to lock in profits, ending the session with the total market value at...
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UPDC REIT Appoints SFS Capital as New Fund Manager

08.05.2026
Unitholders of UPDC Real Estate Investment Trust have ratified the appointment of SFS Capital Nigeria Limited as the new Fund Manager, replacing Stanbic IBTC Asset Management Limited, amid a series of far-reaching resolutions at an Extraordinary General Meeting held both physically and virtually in Lagos. The move effectively ushers in a new era of management,...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
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Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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