Author: For Now News

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Stakeholders from Nigeria and South Africa have restated commitment to deepening economic cooperation, trade, and infrastructure development at the second edition of the Nigeria-South Africa Economic Diplomacy Roundtable. The Roundtable held on Thursday, April 23, 2026, at MTN Plaza, Ikoyi, Lagos, brought together senior government officials, diplomats, and private sector leaders to strengthen bilateral relations and advance shared priorities with a strong focus on translating dialogue into actionable economic outcomes. In her welcome address, the Chief Marketing Officer of MTN Nigeria, Onyinye Ikenna-Emeka, speaking on behalf of the Chief Executive Officer, Doctor Karl Toriola, described the Roundtable as central to…

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At its Annual General Meeting (AGM) held on April 30, 2026, MTN Nigeria shareholders officially approved a massive structural shift in the company’s digital financial services operations. The telco successfully passed Resolution 9, a general mandate that cedes majority control of its fintech subsidiaries – MoMo Payment Service Bank Limited (MoMo PSB) and Y’ello Digital Financial Services Limited (YDFS) – to its parent company. This decisive vote marks a pivotal moment in the Nigerian tech and telecom ecosystem as the dominant connectivity provider restructures its asset portfolio. The mechanics of the newly approved deal are highly strategic. According to the…

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FG Lauds State, Says Plan Aligns With National Industrial Policy. The Lagos State Government has unveiled its Industrial Policy 2025–2030, a five-year blueprint to position the state as a 21st-century industrial hub driven by technology, green growth, and broad-based development. Speaking at the launch on Victoria Island, Governor Babajide Sanwo-Olu said the Lagos State Industrial Policy, LSIP, will ensure rapid urbanization is matched with technology-led production systems, modern supply chains, and stronger competitiveness. “By 2030, Lagos envisions a thriving, inclusive and green industrial economy that is structurally capable of sustaining productivity-driven growth and delivering broad-based benefits for residents,” the Governor…

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The shareholders of Guaranty Trust Holding Company Plc (GTCO), yesterday commended the management of the financial institution for the highest dividend payout of N12.76 kobo in the Nigerian’s banking sector for 2025 financial year. The shareholders yesterday at the GTCO’s 5th Annual General Meeting (AGM) lauded the Group’s impressive 2025 financial year performance and also for meeting the Central Bank of Nigeria (CBN)’s N500billion new minimum capital requirement. Speaking at the AGM, the President of the Nigerian Shareholders’ Solidarity Association, Chief Timothy Adesiyan, expressed excitement for the management dividend payout for 2025FY, stressing that the board has demonstrated discipline to…

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About Nestlé Nigeria: Nestlé Nigeria is one of the largest food and beverage companies in Africa. The Company’s purpose is to unlock the power of food to enhance quality of life for everyone today and for generations to come. For over 62 years of its operation in Nigeria. With 3 manufacturing sites, 7 branch offices and a head office located in Lagos, Nestlé Nigeria is a force for good, helping to improve the wellbeing and livelihood of individuals and families to build thriving communities while taking action to protect the planet. A small-scale grocery seller from Plateau State, Ejiofor Akujieze,…

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Leaders of the Governance Advisory Council (GAC) in Lagos East Senatorial District have unanimously endorsed Senator Tokunbo Abiru for another term in the Senate ahead of the 2027 general elections. The Media Aide to the Senator, Enitan Olukotun, said the endorsement, which took place at the residence of Otunba Busura Alebiosu, GAC and apex leader in Lagos East, was a strong resounding vote of confidence in Senator Abiru’s performance and impactful representation since assuming office. The GAC leaders, who serve as the highest decision-making body of the All Progressives Congress (APC) in Lagos State, commended the Senator’s consistent delivery of…

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Sanwo-Olu, Olusi: Deputy Governor Best to Build on State’s Gains. The Governance Advisory Council, GAC, the apex decision-making body of the Lagos All Progressives Congress has adopted Deputy Governor Obafemi Hamzat as its consensus governorship aspirant for the 2027 election. The decision was reached Tuesday at a closed-door meeting at Lagos House, Marina, in a move that signals early consolidation of support within the ruling party. GAC’s Chairman, Tajudeen Olusi, said the council was confident in Hamzat’s capacity to lead. “He is well-positioned to build on the achievements of previous administrations and further advance the development of Lagos, Olusi told…

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Framework Targets Investor Confidence, Revenue Growth, Reliable Land Data. The Lagos state government says it will continue stakeholders engagement on its newly reviewed fair market value, known as the Blue Book, for an effective, inclusive and practical land administration framework in the state. Permanent Secretary Lands Bureau, Kamar Olowosago, who said this at a stakeholder engagement meeting on the reviewed fair market value (blue book) 2026 held at Adeyemi Bero Hall, Alausa, Ikeja, stated that the expected outcomes include to boost real estate development, build a more accurate land database, Improve Lagos’ Ease of Doing Business ranking and global competitiveness,…

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The Lagos State Government has officially announced the commencement of the “Accelerated Digital Literacy Training Certification Program The Permanent Secretary, Ministry of Establishment and Training disclosed this at the opening ceremony which kicked off today at the Public Service Staff Development Centre, PSSDC, with the first batch “This strategic initiative, organized in collaboration with Messrs Potenergy Limited, is designed to empower 1,000 public servants across all cadres and Ministries, Departments, and Agencies (MDAs) with essential 21st-century digital competencies” Abidakun said Furthermore, Doctor Abidakun emphasized that the workshop is a direct response to the Ministry’s mandate on capacity development. She noted…

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In a statement signed by the NRC’s Chief Public Relations Officer, Callistus Unyimadu, issued yesterday, the NRC’s Managing Director Doctor Kayode Opeifa, described the importance of this year’s theme, “Good psychosocial working environments: A pathway to thriving workers and strong organizations,” as both timely and deeply relevant to the corporation’s operations. Addressing all workers ranging from train drivers to administrative staff spread across the country, the NRC boss highlighted the demanding nature of working in the railway sector and the shared responsibility of everyone of them in ensuring passenger safety. According to the statement, workers across all the standard gauge…

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