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Tony Elumelu to step down as UBA chairman, Nnorom named successor

LAGOS — United Bank for Africa (UBA) Plc has announced that its Chairman, Tony Elumelu, will retire on August 21, 2026, after completing the maximum 12-year tenure for non-executive directors as stipulated by the Central Bank of Nigeria (CBN). The bank disclosed the development in a statement on Monday, stating that its Board of Directors […]

Court adjourns judgment in forfeiture suit against Malami

The Federal High Court in Abuja on Monday adjourned judgment in the forfeiture suit filed by the EFCC against 57 properties linked to former Attorney-General of the Federation (AGF), Abubakar Malami, SAN, until July 10.

Nigerian newspapers review: How SGF’s office cleared Adeyemi for Canada summit

In today’s Nigerian newspapers review programme, Today in the News, Vanguard leads with an investigation on how the office of the Secretary to the Government of the Federation (SGF) approved the disowned Director-General of the non-existent Presidential Foreign Intervention Promotion Council (PFIPC), Adeniyi Adeyemi, to attend the Canada-Africa Fintech Summit (CAFS) in August 2025.

Why housewives, caterers, others are crying over rising cost of tomatoes

•Tomato Growers finger industrial buyers exit•Our stew now black –HousewivesBy Cynthia Alo Many housewives, caterers and other tomato consumers across the country are lamenting over the worsening tomato price instability, saying it has reduced the quality of meals and contributed to rising food inflation. Farmers, however, blamed the collapse of industrial off-take arrangements and the […]

10 killed, six injured in Ogun auto crash

By James Ogunnaike, Abeokuta No fewer than 10 persons were killed, while six others sustained varying degrees of injuries in a tragic road traffic crash that occurred on Sunday night at Sapade Bridge, along the Ibadan–Lagos motorway in Ogun State. The Federal Road Safety Corps (FRSC), Ogun Sector Command, confirmed the incident in a statement […]

Dangote Cement rewards shareholders with N753.8bn dividend, pays N45 per share 

By Mather Godwin Dangote Cement Plc has announced a 50 per cent increase in dividend payout to shareholders, raising the dividend from N30 per share to N45 per share, which translates to a total payout of approximately N753.8 billion, reaffirming the company’s position as one of the most rewarding investments on the Nigerian Exchange (NGX).  The […]

EBRD targets $1.5bn investments in Nigeria over 3 years

The European Bank for Reconstruction and Development  (EBRD) has set a target of investing at least $1.5 billion in Nigeria over the next three years as it expands its operations in Sub-Saharan Africa. The projection was disclosed by the EBRD’s Managing Director for Sub-Saharan Africa, Ms Heike Harmgart, and the bank’s Country Director and Head of […]

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