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   By allcitynews.ng  The Group Chairman of Nigerian Exchange Group (NGX), Alhaji (Dr.) Umaru Kwairanga, who reiterated that quality leadership as the decisive factor in Nigeria’s development, argued that the nation’s potential can only be translated into progress through credible institutions and responsible stewardship. Speaking as Chairman at a leadership event organized by SixthSense Leadership at the Oriental Hotel, Lagos, Kwairanga stressed that while Nigeria possesses an enterprising population, natural resources, and talented professionals, the ability to convert these advantages into sustainable growth depends on leadership quality. “Discussions about Nigeria’s development often focus on the resources we possess, the opportunities available to us and the policies required to unlock our economic potential,” he said. “However, one factor that ultimately determines how effectively we translate potential into progress is the quality of leadership within our instituti...

   By allcitynews.ng   Nigerian Communications Commission (NCC) helmsman, Dr. Aminu Maida has linked obtaining of $1 trillion economy by 2030 to   actualisation of broadband connectivity. Maida who made this known at the just concluded 2026 Finance and Business Online Publishers Association (FiBOP), reaffirmed its unwavering resolve to weave a robust, resilient and all-encompassing broadband tapestry that guarantees digital inclusion for every Nigerian, in every nook and cranny of the federation. Delivering his keynote address at the FiBOP 2026 Conformity and Awards, the Executive Vice Chairman/Chief Executive Officer, Maida, declared that no sector can truly flourish without the lifeblood of achievement of connectivity. Moreover, while speaking on  ‘Impact of Digital Inclusion and Broadband Penetration in the Quest for a $1 Trillion Economy’, Dr. Maida said the Commission’s sacred mandate is to ensure that the pillars upon which broadband prosperity a...

  By allcitynews.ng  Apparently aware that access to safe water is not only essential to healthy communities, but also it requires ensuring that water remains safe and accessible requires more than infrastructural  development. As such, Nestlé Nigeria in apparent bid, said, the move is to safeguard against unsafe water commissioned eight climate-smart boreholes and water treatment facilities in communities within the Agbara catchment in Ogun State. The commission marked an important milestone in its wider Water Regeneration Project spanning Ogun State and the Federal Capital Territory.   Beyond expanding water access, the initiative brings together water quality, conservation and community governance, including the development of a National Water Quality Handbook in collaboration with the Federal Ministry of Water Resources and Sanitation and OPS-WASH. These facilities form part of a wider programme spanning the Agbara catchment in Ogun State and the Abaji catchment ...

   In recognition of the roles in ES/CEO’s LSSTF strategic funding, operational support to security agencies, contribution to business confidence, Commerce and Industry Correspondents Association of Nigeria (CICAN) has nominated the Lagos State Security Trust Fund (LSSTF) for its Most Outstanding Security Trust Agency in Nigeria 2026 Award in recognition of its contributions to strengthening security architecture and supporting law-enforcement agencies in Lagos State under the leadership of the Governor of Lagos State, Mr Babajide Sanwo-Olu administration.   The award, according to the association, is designed to recognise the Agency’s role in promoting a safer environment for residents, businesses and investors through strategic security financing, provision of operational equipment and capacity development for security agencies.   The Lagos State Security Trust Fund (LSSTF) is a pioneering public-private partnership established by law in September 2007 by the Lagos...

  ... Calls for stronger institutions, industrial policies to unlock continent's potential   Posted by allcitynews.ng  Africa's ambition to become global industrial powerhouse hinges on its ability to mobilize long-term financing, deliver reliable electricity and adopt policies that turn its vast natural resources into manufactured products, President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has declared.   Dangote, who has outlined a $50 billion investment programme for 2026 to 2030, said the continent must build stronger financial institutions capable of funding large-scale industrial projects, expand electricity infrastructure and establish policies that encourage domestic manufacturing, value addition and economic diversification.   Speaking in London at the 2026 Financial Times Africa Summit during a conversation with David Pilling the Africa Editor for the renowned newspaper, the industrialist maintained that Africa possessed the ...

  By allcitynews.ng  A Lagos State High Court, last Thursday, granted interim preservative orders of Mareva Injunction against Vitol SA – a Switzerland based Energy Trading company, and four other shipping companies in favour of United Bank for Africa Plc. The bank alleged Vitol of wrongful release of cargoes of petroleum products which were consigned to the order of United Bank for Africa Plc in the Bills of Lading. Addressing the Court, Bode Olanipekun, SAN, lead counsel for United Bank for Africa, urged the Court to grant the interim preservative orders against Vitol and the other shippers. In a ruling on the application, the presiding judge, Honourable Justice K. A. Jose (Mrs.) granted three prayers in UBA’s application, including requests to restrain the dissipation of assets and dealings with funds up to the disputed amount by Vitol S.A. “Prayers 1–3 are granted as prayed against the 2nd Respondent only,” the judge ruled. The application was brought pursuant to Order 43 ...