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Lagos, May 11, 2026 – Polaris Bank, Nigeria’s leading digital retail and commercial bank, has been honoured with the Private Sector Champion Award at the 2026 Jobberman Partners’ Convening in Lagos. The award was in recognition of the Bank’s outstanding and stellar contributions to youth employment, talent development, and workforce empowerment across Nigeria. It recognises private sector organisations that have demonstrated exceptional commitment and leadership in advancing youth employability through impactful recruitment initiatives, graduate trainee programmes, executive hiring support, candidate assessment programmes, and strategic partnerships that create sustainable career opportunities …

London, May 11, 2026 – Oil surged after US President Donald Trump rejected Iran’s latest response to his proposal to end the war in the Middle East, prolonging the effective closure of the crucial Strait of Hormuz. Brent crude futures advanced as much as 4.6% to $105.99 a barrel, while West Texas Intermediate traded near $100. In a social media post, Trump said the response was “TOTALLY UNACCEPTABLE” as the two sides struggle to maintain a fragile ceasefire following a series of flareups in hostilities. The near-closure of Hormuz since …

Abuja, May 11, 2026 – The Central Bank of Nigeria (CBN) has reaffirmed its commitment to inflation targeting in the management of monetary policy in the country. Muhammad Sani Abdullahi, a Deputy Governor of the apex bank, said this during a recent engagement of the bank with the Nigerian Governors Forum. According to a statement issued by the CBN, the deputy governor, who is in charge of the Economic Policy Directorate, said Nigeria’s transition to inflation-targeting regime was a move toward a more transparent, rule-based, and forward-looking monetary policy system that requires …

Lagos, May 11, 2026 – The Lagos State Electricity Regulatory Commission (LASERC) has approved 14 independent power distribution, metering services, and interconnected mini-grid operations in the state. Alexander Ogunbiyi, the Chairman of the Commission, distributed the licences and permits at the maiden meeting of the stakeholders in Lagos on May 7. 2027 The company said this in a statement, describing the move as a major step to expand private sector participation and improve electricity access across industrial and residential clusters. It said the approvals also reflected its drive to deepen …

London, May 11, 2026 – Oil surged after US President Donald Trump rejected Iran’s latest response to his proposal to end the war in the Middle East, prolonging the effective closure of the crucial Strait of Hormuz. Brent crude futures advanced as much as 4.6% to $105.99 a barrel, while West Texas Intermediate traded near $100. In a social media post, Trump said the response was “TOTALLY UNACCEPTABLE” as the two sides struggle to maintain a fragile ceasefire following a series of flareups in hostilities. The near-closure of Hormuz since …

Washington, May 11, 2026As Kamala Harris eyes a possible 2028 presidential bid, there is little outward enthusiasm among her biggest 2024 backers to fund a repeat performance, adding to uncertainty about the former vice president’s prospects in what is sure to be a crowded primary field. The Times reached out to more than two dozen top donors to the biggest pro-Harris super PAC in 2024. Several of them said they do not plan to support her should she choose to run, or declined to talk about her. Others did not …

Lagos, May 8, 2026 – Shamseldeen Ogunjimi, the Accountant-General of the Federation, says Nigeria may reject World Bank loan if delays in approval and disbursement persist. Ogunjimi gave the warning during a courtesy visit by a World Bank delegation led by Mrs Treed Lane. He said the delays could undermine the country’s willingness to proceed with such arrangements. Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, disclosed this in a statement on Friday.  “If approvals take more than six months, the …

Lagos, May 8, 2026 – Fidelity Bank Plc, a leading financial institution, through the Fidelity Helping Hands Programme (FHHP), has funded critical support for the JKS Special Needs Academy in Abuja to ensure continued shelter and care for vulnerable children. The intervention was facilitated by a group of the bank’s newly recruited employees known as Team Valorem, as part of their induction activities. Through the FHHP, employees are empowered to actively contribute to social development by dedicating their time, resources and skills to impactful projects. Projects executed under the initiative …

Lagos, May 8, 2026, Aliko Dangote, the Chief Executive of Dangote Group, says he is planning to list Dangote Cement, a subsidiary, on the London Stock Exchange. The listing is coming 16 years after the company was listed on the Nigerian Exchange. Dangote, who disclosed this to Financial Times in an interview, said the listing on the London Exchange would provide the company with the much-needed boost for the United Kingdom market. He said about 10 per cent of the company’s shares would be sold to outside investors through the …