archiveJuly 4, 2025

The Asset Management Corporation of Nigeria (AMCON) has announced that the Ibadan Electricity Distribution Company (IBEDC) has been sold. Gbenga Alake, the Managing Director (DMD) and Chief Executive Officer (CEO) of AMCON, disclosed details of the sale during a media parley on Thursday. In April 2024, the Federal Government said...

A Federal High Court in Abuja has found suspended Kogi State Senator, Natasha Akpoti-Uduaghan guilty of contempt and fined her N5million to be paid to the coffers of the Federal Government. Justice Binta Nyanko, in a ruling on Friday, found Natasha to have violated an order of the court made...

The ECOWAS Bank for Investment and Development (EBID) has approved $100 million in funding for the construction of a 47.7-kilometre stretch of Nigeria’s Lagos-Calabar Coastal Highway. This segment, designated as Section 1, Phase 1 of the project, starts from Ahmadu Bello Way in Lagos. Construction began in March 2024 and is...

Photo caption: L-R: Mr. Sunny Anene, Deputy Group CEO, United Capital Group; Dr. Emomotimi Agama, Director General, Securities and Exchange Commission (SEC), Dr. Odiri Oginni, Managing Director/CEO, United Capital Asset Management, and Mr. Peter Ashade, Group CEO, United Capital Group at the United Capital Asset Management 2025 Investment Forum, held...