Tegbe Inaugurates REA Board, urges people-centred leadership The Honourable Minister of Power, Joseph Tegbe has inaugurated the newly constituted Governing Board of the Rural Electrification Agency (REA) in Abuja, urging members to ensure every decision is guided by how it improves the lives and livelihoods of ordinary Nigerians. The ceremony was attended by the Permanent Secretary, Board Chairman His Excellency Mr. Ayodele Fayose, REA's Managing Director/Chief Executive Officer, Board members and Ministry management. Tegbe described the B…
Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in the second quarter of 2026. The company emphasised that it remains fully committed to sourcing Nigerian crude oil and supporting the objectives of the Domestic Crude Supply Ob…
NPS Processes Over 26 Million Transactions as First Bank and Fidelity Bank Lead in Volume and Value LAGOS, NIGERIA – August 11, 2026 — The Nigeria Inter-Bank Settlement System (NIBSS) Plc, Nigeria's foremost payments infrastructure provider, has commenced the rollout of the National Payment Stack (NPS), a sovereign, ISO 20022 compliant digital infrastructure designed to succeed legacy NIBSS Instant Payment (NIP) system and modernize Nigeria’s financial ecosystem. Unifying payments, identity, and data onto a single intelligent rail, the mu…
NCC Urges Protection of Fibre Infrastructure During Road Construction, Decries Over 5,000 Fibre Cuts in H1 2026 L-R: Rafiu Adeladan, Permanent Secretary, Federal Ministry of Works; Air Vice Marshal Effiom Ewa, Director, Directorate of Critical National Assets and Infrastructure Protection (DCNAIP), Office of the National Security Adviser (ONSA); Dr. Aminu Maida, Executive Vice Chairman/CEO, Nigerian Communications Commission (NCC); during the Stakeholders’ Workshop for the Protection of Fibre Optic Cables During Road Construction, held on 1…
The Asset No Creditor Can Seize In the corridors where money and power meet, integrity is not a soft virtue to be admired from a distance. It is the hardest risk control an institution owns, and the one asset that outlives us. By Eyitayo Quadri | Chief Risk Officer, Union Bank of Nigeria Much of my working life is spent thinking about what can go wrong and/or how it can be done better in a safe way. That is the quiet vocation of a risk officer: to sit in the room where decisions are made, to ask the unpopular question, to imagine the failur…
Martins and Mercedes Evicted From Big Brother Naija Season 11 The Big Brother Naija Season 11 House has recorded its first evictions on Sunday night, with Martins and Mercedes leaving the competition after polling the least votes from viewers. Speaking with host Ebuka Obi-Uchendu after his eviction, Martins remained positive about what comes next, saying he plans to surprise the world with his next steps outside the House. For Mercedes, the eviction was not something she considered a loss. She said she gave the experience everything she had a…
Dangote Outpaces US Again, Emerges Europe’s Biggest Jet Fuel Supplier DSC 6627~2 L-R: Group Vice President, Oil & Gas, Dangote Industries Limited; Devakumar Edwin; President/CE, Dangote Industries Limited, Aliko Dangote; Niger State Governor Mohammed Umar Bago; During the Niger State Governor's visit to Dangote Petroleum Refinery and Petrochemicals, Fertiliser Plant, Lekki, Lagos on Wednesday 29th July 2026 . Dangote Petroleum Refinery & Petrochemicals has cemented its position as a rising global energy powerhouse after becoming Eu…
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