Skip to main content

Posts

Ogun East Economic Transformation to Boost Nigeria's Growth — Abiodun

By Afolabi Oyekunle. Ogun State Governor, Prince Dapo Abiodun, has said that the emerging economic opportunities in Ogun East, driven by industrial expansion, airport development, road infrastructure, energy prospects and the proposed Gateway Deep Sea Port, have the potential to transform the region into a major economic hub with far-reaching benefits for Nigeria’s economy. Abiodun said the convergence of these strategic assets would not only accelerate economic growth in Ogun State but also strengthen Nigeria’s maritime trade, industrial capacity, logistics network, employment generation and investment prospects. The governor, who spoke at the weekend during the investiture of the Commissioner for Environment, Hon. Oladimeji Oresanya, as the 19th president of Sagamu Club in Sagamu, said the region’s growing economic significance had strengthened the argument for the creation of an additional state in the area. He urged community leaders and other stakeholders to sustain their contribu...
Post a Comment
Read more
Recent posts

Omi Eko Project Management debunks reports of lack of progress on the project.

By Afolabi Oyekunle. Omi Eko Project Management has debunk a report  by an online news platform, alleging that seven months after the project’s kick-off, no physical infrastructure has been delivered on the ground. According to Dr. Segun Alabi, Head, Communications & Media of Omi Eko Project the  narrative is misleading and fails to recognise the established processes involved in delivering a project of this scale and complexity. "The Omi Eko Project is being implemented in line with global best practices for major infrastructure development, which require a structured progression through 1. planning and procurement, 2. design, 3. infrastructure development, 4. implementation, and 5. evaluation phases. These preparatory stages are critical to ensuring that the project is technically sound, financially responsible, environmentally sustainable, and capable of delivering its intended benefits He said the absence of visible physical structures at an early stage sho...
Post a Comment
Read more

Dangote Petroleum Refinery IPO Opens for Subacription

By Afolabi Oyekunle. Dangote Petroleum Refinery IPO Opens for Subscription   Dangote Petroleum Refinery IPO Opens for Subacription     –The Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open. The offer is expected to run from Monday, 14 September to Tuesday,13 October 2026, giving eligible investors an opportunity to acquire shares in the company. The offer comprises 4.1 billion ordinary shares at ₦525 per share with a minimum purchase of 10 units. The shares are expected to be listed on the Nigerian Exchange Limited following completion of the IPO. Stanbic IBTC is acting as Joint Lead Issuing House, Joint Stockbroker and Receiving Bank to the offer. Key offer terms Issuer: Dangote Petroleum Refinery & Petrochemicals FZE Offer size: 4,100,000,000 ordinary shares Offer price: ₦525 per share Minimum subscription: 10 shares and multiples of 10 thereafter Payment: Full payment on application Use of proceeds: Growth capital ex...
Post a Comment
Read more

Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open.

By Afolabi Oyekunle. The Dangote Petroleum Refinery and Petrochemicals FZE Initial Public Offering (IPO) is now open. The offer is expected to run from Monday, 14 September to Tuesday,13 October 2026, giving eligible investors an opportunity to acquire shares in the company.              Alhaji Dangote The offer comprises 4.1 billion ordinary shares at ₦525 per share with a minimum purchase of 10 units. The shares are expected to be listed on the Nigerian Exchange Limited following completion of the IPO. Stanbic IBTC is acting as Joint Lead Issuing House, Joint Stockbroker and Receiving Bank to the offer. Key offer terms Issuer: Dangote Petroleum Refinery & Petrochemicals FZE Offer size: 4,100,000,000 ordinary shares Offer price: ₦525 per share Minimum subscription: 10 shares and multiples of 10 thereafter Payment: Full payment on application Use of proceeds: Growth capital expenditure for the refinery expansion programme Of...
Post a Comment
Read more

World Day for Decent Work: ASSBIFI demands end for indecent work policy by Employers.

By  Afolabi Oyekunle. As the World on 7th 0ctober,  celebrated Decent work in working places, the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) has called for an end to indecent work policy and arbitrary sack of workers without following lay down  policies  ​by  Managements and Employers, especially in the Banks, Insurance and Financial Institutions.  Acting National President of Association of Senior Staff of Banks, Insurance and Financial Institutions, (ASSBIFI) Comrade Fanimokun Adesina made the call at an occasion to celebrate the day by the Association at its events centre in Alausa, Ikeja. ASSBIFI Acting National President, Comrade Fanimokun Adesina speaking at the occasion. His speech. "​Today in the Banks, Insurance and Financial Institutions, we have witnessed significant displacement of permanent decent work with casual, contract employees, and third-party outsou...
Post a Comment
Read more

PenCom Intensifies Awareness Campaign on Contributory Pension Scheme

By Afolabi Oyekunle.  The National Pension Commission PenCom will kick off its awareness campaign for broad span pension for all to divergent interest groups with robust engagement not deployed before. The proosed campaign is designed to enable more Nigerian income  earners to embrace the need to protect their future. Speaking at the 2026 Media Conference, held Tuesday Oct 6, in Lagos, the Director General (DG), PenCom, Ms. Omollola Oworaran, said the five day event   would henceforth be an annual event . According to her this year’s inaugural programme would focus on youths, entrepreneurs, self employed and retirees. Omolola posited that  PenCom's objective is to bring pension home to Nigerians, making the public realise the need to have pension amid preparing for secure future.  The citizens she emphasised, should understand the operation of the contributory pension scheme (CPS), she went on. The programme is expected to  begin with the y...
Post a Comment
Read more

PENCOM DG: President Tinubu has scored first in positive pension scheme reforms, deserves commendation.

By Afolabi Oyekunle. The Director General of National Pension Commission, (PenCom) Omolola Oloworaran said President Bola Tinubu approval of reforms in the Pension scheme has turned around the lives of Pensioners positively and the industry and he deserves the commendation of the people.           President Bola Tinubu The Director General said this yesterday Tuesday 6th of October in Lagos at the 2026 PenCom Media conference, where she spoke of the tremendous transformation in the Pension Industry. PENCOM DG Omolola Oloworaran According to her, under the present administration of President Bola Tinubu, Nigeria's pension system is not merely improving, but making history again and again. " For the first time, federal retirees across the Contributory Pension Scheme have received a pension increase across the board. Pension Boost 1.0 raised the monthly pension of more than 241,000 retirees, as monthly pension payments move from N12.15 billi...
Post a Comment
Read more