Heirs Holdings Founder tells Presidents Ruto and Macron that Africa wants partners of substance, based on equality, and that power and infrastructure must come first. At the 2026 Africa Forward Summit, convened by Kenyan President H.E. William Ruto and French President H.E. Emmanuel Macron, Heirs Holdings Founder and Group Chair, Tony O. Elumelu, CFR, delivered…
Military personnel move in convoy vehicles as part of ongoing security operations. Photo credit: BBC Nigeria and the United States have confirmed a joint military operation in the Lake Chad Basin that led to the killing of senior Islamic State leader Abu-Bilal Al-Manuki, also known as Abu-Mainok. President Bola Tinubu described the operation as a…
The Federal Government has reaffirmed its commitment to building a globally competitive hospitality, travel and tourism ecosystem, as key stakeholders across government, the private sector and industry institutions rallied strong support for the National Institute for Hospitality and Tourism (NIHOTOUR) at the Sectoral Personnel, Practitioners, Operators and Institutions Registration, Induction, Fellowship Conferment and Inauguration of…
Transnational Corporation Plc (“Transcorp Group” or the “Company”) (NGX: TRANSCORP), Africa’s leading listed conglomerate with strategic investments in power, hospitality and energy, has declared a total dividend of ₦20,323,995,148, representing ₦2.00 per share to its shareholders, at its 20th Annual General Meeting (AGM), held at the new state-of-the-art Transcorp Centre Abuja. The total dividend comprises…
A coalition of concerned youths in Oyo State has expressed deep concern over the recent conduct of former Minister of Power, Chief Adebayo Adelabu, since his resignation from office. In a statement issued after a meeting held in Ibadan on Wednesday evening, the group accused Chief Adelabu of engaging in actions that undermine party…
Access Holdings Plc has reaffirmed its commitment to longterm shareholder value and sustainable returns, following a strong performance in the 2025 financial year, while providing clarity on the rationale for the nonpayment of dividends for the year ended December 31, 2025. The clarification was provided during the Group’s Full Year 2025 Investors and Earnings Call,…
Minister of the Federal Capital Territory (FCT), Nyesom Wike, has doubled down on the government’s takeover and redevelopment plans for Jabi Lake in Abuja, insisting that the intervention will proceed “even if God comes down,” as tensions grow over the revocation of allocations around the popular recreational site. Wike defended the decision during a media…
Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026.Engr. Bello’s appointment represents a strategic step…
The attention of UBA Group has been drawn to a false, defamatory, and malicious publication currently circulating on social media platforms, falsely alleging that the Group Chairman, Mr. Tony O. Elumelu, CFR, has divorced his wife. These statements and all similar content are entirely fabricated, reckless, and without basis. The claims are a deliberate falsehood designed…
Information gathering and disseminating during election period indeed played a pivotal role in keeping the people abreast with reports, particularly as it concern updates across various locations where the election is going on. However, distorting vital information that could derail the entire process has been described by many as a setback that could undermine the…
