Business

Tinubu travels to France, Kenya and Rwanda for important economic and investment summits – THIS UPDATE

By Ayo Kehinde President Bola Tinubu will depart Abuja on Saturday for a three-nation strategic visit to France, Kenya and Rwanda, as part of efforts to deepen economic cooperation, strengthen diplomatic ties and attract more investments into Nigeria. The Presidency said the visit will see the President participate in two major international economic meetings (the Africa-France Summit in Nairobi and …

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LASU spends N200 million per month on power

Lagos Commissioner for Tertiary Education, Tolani Sule, says Lagos State University (LASU) spends over 200 million naira a month on electricity for staff and students. He said rising energy costs reflect broader challenges facing public universities, including supply network instability and heavy reliance on diesel generators. Sule disclosed this on Friday at the groundbreaking ceremony for the TETFund/PPP Students’ Hostel …

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Showunmi awards National Health Builder Award, urges inclusion of women in nation building

A People’s Democratic Party leader in Ogun State, Segun Showunmi, has called for greater inclusion of women in governance and national development, warning that their exclusion continues to weaken Nigeria’s moral and economic foundations. Showunmi made the call while giving a presentation at an event celebrating the 10th anniversary of the College of Health Sciences and Technology and the birthday …

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INEC sets June 20 for by-elections in six states – THIS UPDATE

By Victor Osula Abuja The Independent National Electoral Commission (INEC) has set June 20, 2026, for holding by-elections in six states of the federation, in a move aimed at filling vacant legislative seats and strengthening democratic representation in the country. The by-election will be held at the same time as the Ekiti State governorship election already scheduled for the same …

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FirstBank confirms the appointment of Olayinka Ijabiyi as group head, marketing and corporate communications

FirstBank, West Africa’s leading financial institution and financial inclusion services provider, has confirmed the appointment of Olayinka Ijabiyi as Group Head of Corporate Marketing and Communications.The appointment takes effect immediately and strengthens solid corporate governance at a crucial time in the Bank’s growth and transformation journey. Olayinka Thomas Ijabiyi is a seasoned marketing and corporate communications professional with over 25 …

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Tunji Braithwaite: Foundation unveils Muyiwa Akintunde’s book in Abuja tomorrow – THISAGE

The Tunji Braithwaite Foundation (TBF) has made arrangements for the 10th anniversary commemoration of lawyer, social justice advocate and politician, Dr Tunji Braithwaite, which will take place on Saturday 2 May 2026 at the Conference Hall of the Transcorp Hilton Hotel, Abuja, the Nigerian capital. Among the highlights of the event, which will have President Bola Tinubu as special guest …

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Dangote refinery recalls redeployed engineers

Dangote oil refinery has approved the recall of engineers previously redeployed to its business units, following what management described as a conditional pardon after internal disciplinary actions linked to operational disruptions. In an internal communication to staff, the company said the decision followed an extensive review process and numerous appeals from respected individuals, stakeholders and engineers. The refinery noted that …

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UPDATED: PDP BoT takes leadership and plans caretaker committee after S’Court verdict

The crisis rocking the People’s Democratic Party deepened on Thursday when the party’s Board of Directors, led by former Senate President Adolphus Wabara, formally assumed control of the national leadership following a damning Supreme Court ruling that invalidated its latest national convention. The supreme court, in a split 3-2 decision, invalidated the PDP convention held in Ibadan, Oyo State, in …

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Tinubu appoints Joseph Tegbe as Power Minister – THISAGE

By Ayo Kehinde President Bola Tinubu has appointed former KPMG Africa executive, Joseph Olasunkanmi Tegbe, as the new Energy Minister, subject to confirmation by the Senate. A statement signed on Thursday by Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed that the nomination, forwarded to the Senate, is in line with constitutional requirements. The appointment follows …

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