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Stanbic IBTC CEO, Others Charge Youth on Tapping Opportunities for Growth

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Demola Sogunle Stanbic IBTC

By Adedapo Adesanya

The chief executive of Stanbic IBTC Holdings Plc, Mr Demola Sogunle, has harped on Nigerian youths to prioritise every opportunity present to them.

Mr Sogunle stated this in his keynote address at the Stanbic IBTC Youth Leadership Series 2024 held on Wednesday at the University of Lagos Multipurpose Hall.

Themed The Growth Code: Unlocking the Secrets and Strategies to Personal and Professional Success, Mr Sogunle, while sharing his nuggets with the participants, advised them not to put anything above learning.

“Do not stop learning, continuous learning can only get you to continuous growth. Whatever it costs, knowledge and application of knowledge will get you to where you are,” the financial expert stated.

He also challenged the youths to prioritise core values like punctuality and credibility, tasking them to exhibit model behaviour which he likened to the values of the financial institution.

“You start a journey with an end in mind. A school certificate is not the issue, but the knowledge you have been able to extract and also subscribe to string values.

“Our bank has 20 per cent of retired people’s savings at our bank. Our core values in the company are crucial to the extent that if a staff member of the bank disobeys the traffic regulations, he will be sanctioned.

“You cannot make a change with fundamental behaviour. Punctuality is crucial to the success of a business. You need to know when and how to balance your life to achieve professional success. Also, learn to prioritise your mental health because it aids a great balance in your career,” he explained.

Speaking during a panel session, a Nollywood actress, Ms Bisola Ayoola, shared that several challenges she faced in her career became a stepping stone for her career trajectory.

“One mistake I have learnt from was that I was very entitled. I knew I could sing and I was waiting for record labels to sign me but I realised that the entitlement mentality would not work. Shyness will hinder you from greatness. You have to constantly prove yourself. Try to put your mind to what you want to do,” she advised.

Also speaking on how to monetise social media, a freelance content creator, Mr Salem King, urged young content creators to prioritise their audience and ensure it enhances their lives.

“You also need to keep in mind that content creation is not charity work. So, always put your audience in mind and create things that add value to their lives,” he remarked.

This was backed up by Ms Omoh Anenih, the founder of the Dew Centre, who harped on the need to prioritise mental health, especially in pursuit of personal and professional success.

Adedapo Adesanya is a journalist, polymath, and connoisseur of everything art. When he is not writing, he has his nose buried in one of the many books or articles he has bookmarked or simply listening to good music with a bottle of beer or wine. He supports the greatest club in the world, Manchester United F.C.

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Dangote Unveils Phone Number to Report MRS Stations Selling PMS Above N739

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Dangote monopoly Political Economy of Failure

By Modupe Gbadeyanka

A hotline number, 0800 123 5264, for Nigerians to report any MRS Oil Nigeria Plc filling stations selling Premium Motor Spirit (PMS), commonly known as petrol, above the approved pump price of N739 per litre, has been released by Dangote Petroleum Refinery.

The private refiner said the number was now active nationwide, enabling consumers to promptly report violations and help maintain fair pricing across over 2,000 MRS stations.

This measure follows the refinery’s recent commencement of nationwide PMS sales at N739 per litre—a strategic intervention aimed at stabilising fuel prices and easing the financial burden on Nigerians during the festive season.

“We encourage Nigerians to avoid purchasing PMS at inflated prices when locally refined fuel is available at N739 per litre.

“Report any MRS station selling above this price by calling our hotline. Together, we can ensure that the benefits of this price reduction reach every consumer,” the company stated in a statement.

The organisation stressed its mission to deliver affordable, high-quality fuel while safeguarding national economic interests, reaffirming its commitment to steady supply, backed by a guaranteed daily output of 50 million litres, and warned against attempts to create artificial scarcity or manipulate supply.

Regulatory authorities have been urged to remain vigilant and take decisive action against unpatriotic practices.

By refining locally at scale, Dangote Refinery is reducing Nigeria’s dependence on imports, conserving foreign exchange, stabilising the Naira, and strengthening energy security. This initiative represents a significant milestone in the country’s journey toward sustainable energy solutions and economic recovery.

The refinery also issued a stern warning against attempts by unscrupulous operators to create artificial scarcity in response to the price reduction, calling on government agencies to act decisively.

“Any attempt to create artificial scarcity or manipulate supply to frustrate recent price reductions is unpatriotic and unacceptable. We urge regulatory authorities to remain vigilant and take firm action against such practices, especially during this critical festive period,” the statement added.

Consumers were advised to resist purchasing fuel at inflated prices when cheaper, high-quality alternatives are readily available.

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ANLCA Airport Chapter Scores Salamatu High on Stakeholder Engagement, Trade Facilitation

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ANLCA Airport Chapter

By Bon Peters

The Airport Chapter of the Association of Nigerian Licensed Customs Agents (ANLCA) at Omagwa Rivers State has praised the Customs Area Controller for Customs Area 1 Command, Comptroller Salamatu Atuluku.

At the end-of-the-year party attended by stakeholders, including the leader of the association’s chapter, Mr Charles Onyema, said the customs officer has done well in stakeholder engagement and trade facilitation.

At the event held last Friday, he said his association has been enjoying a very cordial relationship with other organisation in the ecosystem.

“You can see what is happening today, everybody is working together and our operations here are seamless,” he noted.

He stated that apart from creating a very robust business environment for his members and other stakeholders to operate, he has taken a decision to build and commission a befitting ANLCA Secretariat which would be completed soon and be commissioned by the ANLCA national president, Mr Emenike Nwokeoji.

The ANLCA chapter chief said since “Comptroller Salamatu Atuluku assumed office at Customs Area 1, Port Harcourt Command, it has been a different ball game, facilitating  trade and increasing Revenue generation.”

“I remember I told her she was a mother during her maiden visit to the airport.

“You know when you have a woman in charge of an affair, food will not lack, compassion will not lack and motherly love will not lack.

“She is very wonderful in stakeholder engagement, revenue generation and trade facilitation,” Mr Onyema enthused.

Projecting into the future, Mr. Onyema said the year 2026 would be better for his members, adding that he has advised them on financial discipline which he said would help them during the trying period.

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FG Declares Holidays for Christmas, New Year Celebrations

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as public holidays

By Adedapo Adesanya

The federal government has declared Thursday, December 25, and Friday, December 26, 2025, as public holidays to mark Christmas and Boxing Day respectively.

The government also declared Thursday, January 1, 2026, for the New Year celebration.

The declaration was contained in a statement issued on Monday by the Permanent Secretary of the Ministry of Interior, Mrs Magdalene Ajani, on behalf of the Minister of Interior, Mr Olubunmi Tunji-Ojo.

According to the statement, the Minister urged Nigerians to reflect on the values of love, peace, humility and sacrifice associated with the birth of Jesus Christ.

Mr Tunji-Ojo also called on citizens, irrespective of faith or ethnicity, to use the festive season to pray for peace, improved security and national progress.

He further advised Nigerians to remain law-abiding and security-conscious during the celebrations, while wishing them a Merry Christmas and a prosperous New Year.

Business Post reports that on these public holidays – the foreign exchange market, the Nigerian Exchange (NGX), as well as the NASD Over-the-Counter (OTC) Securities Exchange will not open to trade.

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