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Jubilation in Ibese, Itori, Ijebu-Igbo as Dangote Foundation Distributes Rice

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Over 30  host communities to Dangote Cement Ibese Plant as well as those in Itori in Yewa North, and Ewekoro local government areas of Ogun State, respectively, were thrown into excitement as the Aliko Dangote Foundation (ADF) extended its National Food Intervention programme to the people distributing over 3,000 bags of rice to the less privileged in the communities.

It was the same at the host communities to Dangote Granite and Mines in Ijebu-Igbo as the beneficiaries turned up in large numbers at the Orimolusi of Ijebu-Igbo palace and that of Sopenlukale of Oke-Sopen where the bags of rice were distributed to the deserving populace.

Aboro of Ibese, Oba Rotimi Mulero and his counterpart in Itori, the Olu of Itori, Oba Abdulfatai Akamo were full of praises to the Chairman of the Foundation, Aliko Dangote for his magnanimity in ensuring food security in the host communities and thereby reducing hunger among their people.

While presenting bags of rice to some of the beneficiaries in Ibese, Oba Mulero explained to the people that the initiative is focused on reaching out to the aged, people living with disabilities and other vulnerable groups facing hardship in the face of current biting economic climate.

He stated that beyond the rice distribution there has existed a longstanding collaboration between the host communities and the ADF on one hand and the Dangote Cement on another hand, especially in the areas of empowerments and capacity building. He also acknowledged ADF’s consistent corporate social responsibility efforts, particularly towards host communities.

Said he: “We all were here last year, we are also here this year, for distribution of food items. Let me on behalf of the community which I am the prescribing authority over, appreciate the management team of Aliko Dangote Foundation for this gesture. We would continue to pray that the organization continue to flourish. Last year, I called this exercise” Operation Feed the Nation” which we have witnessed some years ago in the country. We are seeing Alhaji Aliko Dangote reintroducing the programme with this yearly rice distribution exercise. We are proud of Alhaji Aliko Dangote, Dangote Group and Aliko Dangote Foundation.

“With this gesture, God will continue to strengthen the managements of Dangote Foundation and Dangote Cement. You can see that our people have turned out in their thousands, waiting to get the item, when we started sharing, you saw the smiles in the faces”.

Earlier in his remarks, representative of the Aliko Dangote Foundation, Victor Edero said the Foundation’s food inflation intervention was designed to complement the government’s food security efforts toward distribution of food items to all the 774 local government areas across the country.

He explained that the economic downturn has made it increasingly difficult for many Nigerians to afford basic staples like rice, making such support crucial, adding that the foundation gives priorities to the host communities, especially Ibese that’s hosting cement factory and other host communities.

Mr Ejiro reaffirmed the Foundation’s commitment to capture its target audiences like the vulnerable, downtrodden and aged, while urging for fair and equitable distribution to ensure all targeted beneficiaries get their share.

In their appreciations, some of the beneficiaries lauded the initiative, stating it was a clear example of how public-private partnerships can be harnessed to ease people’s burdens and promote inclusive development.

Earlier, the Olu itori thanked Alhaji Dangote for cunting Itori worthy of benefiting from the food intervention programme, given that the Cement Plant in the area is still under construction and his people will give all necessary cooperation to ensure the plant takes off smoothly.

He described the construction of the plant as a fulfilment of long time promise made to his people that he would ensure a notable company is established in his domain through which the people could be gainfully employed and the economy of the community turned around

It would be recalled that the Aliko Dangote Foundation under its National Food Intervention Programme had last week distributed Forty (40,000) thousand 10kg bags of rice across the twenty (20) local government areas of Ogun State.

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Egbin Power Commissions 80 New Staff Housing Units

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Egbin Power 80 New Staff Housing Units

By Modupe Gbadeyanka

In further demonstration of its unwavering commitment to its workforce, Nigeria’s foremost power generation company, Egbin Power Plc, has unveiled 80 new residential housing units for employees within its plant premises in Egbin, Lagos State.

This comprises 40 fully furnished three-bedroom apartments and 40 furnished studio apartments, all designed to contemporary standards.

The units feature modern infrastructure and thoughtfully planned utilities, creating a safe, comfortable, and conducive living environment that supports both employee productivity and family well-being.

This strategic investment underscores the company’s philosophy that a well-supported workforce is fundamental to sustained operational excellence.

The new housing units are part of a holistic strategy to cultivate a stable, motivated, and future-ready workforce.

This strategy extends beyond infrastructure to encompass robust career development and recognition. Over the past three years, Egbin Power has promoted 112 employees across various cadres, reinforcing a culture that rewards merit, performance, and long-term dedication

“At Egbin Power, our people are our most valuable asset. Even amidst the prevailing liquidity and operational realities within the broader power sector, our focus on employee welfare has remained deliberate and consistent.

“This significant expansion of our residential estate is a tangible expression of that commitment.

“It is one of several key initiatives aimed at ensuring our employees feel genuinely supported, allowing them to thrive both personally and professionally,” the chief executive of Egbin Power, Mr Mokhtar Bounour, said.

Initiated in 2025 and completed in January 2026, this project is the latest milestone in Egbin Power’s structured and ongoing approach to enhancing employee welfare. It reflects the energy firm’s dedication to fostering a culture where every team member feels valued, secure, and motivated.

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NGX Group, CSCS, WIMBIZ to Ring Bell for Gender Equality

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Ring Bell for Gender Equality

By Aduragbemi Omiyale

On Tuesday, March 10, 2026, at the Nigerian Exchange Group House in Lagos, the role of capital markets in promoting gender equality will be reemphasised through the closing gong ceremony in commemoration of International Women’s Day 2026.

The ceremony is part of the global Ring the Bell for Gender Equality campaign, which mobilises stock exchanges worldwide to expand women’s participation in the economy and advance gender-inclusive practices.

In Nigeria, the NGX Group is partnering with the Central Securities Clearing System (CSCS) Plc and Women in Management, Business and Public Service (WIMBIZ) to make it memorable under the theme Rights. Justice. Action. For ALL Women and Girls.

Dignitaries expected at the ceremony include the Minister of State for Foreign Affairs, Mrs Bianca Odumegwu-Ojukwu; the First Lady of Imo State, Mrs Chioma Uzodimma; the Executive Commissioner for Legal and Enforcement at the Securities and Exchange Commission (SEC), Ms Frana Chukwuogor; foremost actor, Ms Funke Akindele; a Director at the NGX Group, Ms Ojinnika Olaghere; and another staffer of NGX Group, Mrs Fatima Wali-Abdulrahman, alongside board members of NGX Group, regulators, capital market stakeholders, and industry leaders.

NGX Group is joining other exchanges worldwide in sounding the NGX Gong to underscore the importance of inclusive leadership, equal opportunities, and stronger market accountability in advancing gender equality.

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IWD: Dolapo Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance

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Dolapo Akanbi-Alade Pathway Holdings

By Adedapo Adesanya

The Executive Director/GCOO of Pathway Holdings Limited, Mrs Dolapo Akanbi-Alade, has called for increased inclusion of Nigerian women in finance as the world marks International Women’s Day 2026.

International Women’s Day 2026 is marked every March 8, and this year’s theme is Give To Gain.

In a statement shared with Business Post, Mrs Akanbi-Alade noted that while International Women’s Day highlights the need for gender equality, significant progress requires deliberate policies and systems that expand women’s access to finance and leadership opportunities.

She emphasised that many Nigerian women and women-led businesses still face limited access to finance, highlighting the urgent need for targeted inclusion initiatives.

“At Pathway Holdings, we empower women and give access to investment advisory, asset management, and lending solutions for institutions, high-net-worth individuals, and businesses. Ensuring that women and women-led enterprises can access these opportunities is critical to building a more inclusive financial system,” she added.

Mrs Akanbi-Alade said, “Women’s access to finance is not only a social responsibility but essential for national productivity and economic growth’’. She co-founded the following companies:

Pathway Asset Management Limited is registered and regulated by the Securities and Exchange Commission, Nigeria, as a Fund and Portfolio Manager. The product range includes Pathway Fixed Deposit Notes, Privately Managed Notes, Pathway Private Portfolio Management, Investment Advisory, and Mutual Funds, which will be launched soon.

Pathway Advisors Limited is registered and regulated by the Securities and Exchange Commission (SEC) as an Issuing House and financial adviser. Pathway Advisors’ services cover Mergers and Acquisitions (M&A), Capital-Raising, Financial Advisory, Rating Advisory, and Project and Structure Finance.

Fundbox Financial Services Limited is a wholly owned micro-lending company providing short-term personal and SME finance loans to salaried individuals, self-employed personnel, and small businesses. They offer services which include Cars4Cash, SME Loans, Personal Loans, and Group Employee Loans. Fundbox has successfully disbursed a wide range of loans to both corporate and individual clients, supporting their financial needs and business growth.

Pathway Holdings Limited is a notable investment holding firm focusing on private market investments, including private equity, private credit, and infrastructure. Pathway creates customised investment solutions for institutional investors and individuals, leveraging its extensive experience and local footprint.

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