General
NDLEA Seizes 4.8 Tonnes of Skunk in Imo, Four Others
By Adedapo Adesanya
The National Drug Law Enforcement Agency (NDLEA) says it has intercepted no fewer than 4.8 tonnes of skunk in Imo, Edo, Ondo, Kano, and Ekiti States.
NDLEA’s Director of Media and Advocacy, Mr Femi Babafemi, disclosed this in a statement released on Sunday in Abuja.
Skunk is a generic name given to potent strains of the cannabis plant containing the highest levels of the psychoactive ingredient tetrahydrocannabinol (THC).
NDLEA’s operatives in Imo State intercepted a Mercedes Benz container truck marked ABN 418 YN parked in an isolated area along Owerri – Onitsha expressway on October 15.
The agency said a search of the abandoned truck led to the recovery of 168 bags of skunk weighing 1, 854 kilograms.
“Not less than 1,381.3kgs of the same substance were seized in four interdiction operations in parts of Edo state.
“This includes Ekpon community, Igueben LGA; Iguiye forest in Ovia North East LGA; Iruekpen, Ndokwa West where a suspect, Samuel Nwocha was arrested and Egwalor village in Onwude LGA.
“Also, the duo of Obune Prince and Chika Obi was arrested and their Audi 80 salon car marked BEN 406 CL loaded with cannabis sativa, recovered, ” he said.
In Kano State, an ex-convict, Mr Aminu Suleiman, 46, was arrested along with Mr Haruna Abdurrahaman, 41, and Mr Joseph Esezobor, 34, at Gadar Tamburawa area of the state on Saturday, October 14 while 106kgs of cannabis were recovered from them.
“Aminu was first arrested with 22kgs of cannabis on 3rd June 2022 and convicted by the Court on 24th November 2022.
“Five other suspects: Inusa Ali, Yahaya Musa, Abba Audu, Ali Abubakar, and Bunu Kyari were also arrested at Gadar Tamburawa area of Kano on Monday, October 16 for dealing in 75.3kgs of skunks,” he said.
Meanwhile, operatives of the Zone J Command of the agency seized 478kgs of cannabis in a forest in Ikere Ekiti on Friday. The statement added that those of Ondo State command also recovered a total of 928kgs of the same substance.
”This was recovered in a bush by Shagari market, along Ifon-Owo express road, and Ibola camp, Ipele forest.”
In Borno, a suspect, Mr Sani Mohammed, 31, was arrested on Saturday with 182kgs of cannabis at Njimtilo, along Maiduguri – Damaturu road.
NDLEA officers of the Directorate of Operations and General Investigations (DOGI) attached to courier companies on Sunday, October 15, intercepted 1kg methamphetamine concealed in containers of body cream going to New Zealand as well as another consignment of 2.5kgs cocaine and phenacetin hidden in walls of a carton heading to Saudi Arabia.
General
Egbin Power Commissions 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.
General
NGX Group, CSCS, WIMBIZ to 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.
General
IWD: Dolapo Akanbi-Alade of Pathway Holdings Urges Stronger Inclusion of Women in Finance
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.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn









