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06/05/2026
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06/05/2026

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21/04/2026

Nigeria’s dividend season is rewarding long-term bets, and Michael Ade-Ojo is cashing in.

The founder of Elizade Motors Limited and a quiet force in Nigeria’s investment landscape is set to pocket nearly $1.9 million (N2.59 billion) from Custodian Investment Plc, underscoring the power of strategic equity positions in high-performing firms.

Backed by a 19.5% stake and over 1.14 billion shares, Ade-Ojo’s payday follows Custodian’s standout 2025 results, profit more than doubling to N67.63 billion ($49.2 million) and total assets crossing the N1 trillion ($765 million) mark.
With an 80% dividend jump and consistent earnings momentum under CEO Wole Oshin, Custodian is fast emerging as a dividend powerhouse on the NGX.

For investors, this is more than a payout, it’s a case study in patience, scale, and the compounding power of staying invested in Nigeria’s financial sector.

📌Tap the comment below to read the full story.

21/04/2026

Dear Virgin Money UK

I am writing to give honest feedback about how you handled my account. Freezing it and sending it to an external investigator without clear explanation was unfair and unacceptable.

The way this was done felt like I was treated as guilty from the start. There was no proper communication, no attempt to understand my situation, just an immediate move to restrict my access. That is not how a bank should treat its customers.

As a Nigerian, I cannot ignore how this feels. It comes across as bias, even if you do not openly admit it. There is a long history of Nigerians being treated with suspicion in financial systems, and your actions fit into that pattern. It feels like you saw my background first and my actual activity second.

This kind of behaviour looks like discrimination hidden behind process. You may call it compliance, but from my side it feels like profiling. That is a serious problem.

Your approach also feels outdated. People today earn money in many different ways, especially across borders and online. Not everything fits into old, narrow banking expectations. Treating unfamiliar income patterns as suspicious just shows how out of touch your systems are.

Overall, this experience has been frustrating and disappointing. It has made me question how fair your processes really are, and whether all customers are treated equally.

You need to seriously reflect on how you handle cases like this, because right now it does not feel fair or modern.

Sincerely,
Steven Akinyemi
De-Sky Multimedia Uk

14/04/2026

Nigerian billionaire Taiwo Afolabi has appointed his son Damilola Afolabi, known professionally as singer LAX, as executive director of SIFAX Logistics, timing the announcement to coincide with the musician's 33rd birthday on April 10.

LAX holds a bachelor's and a master's degree from the University of Salford in Manchester and built a commercial music profile with hits including "Gbefun," "Panana" and "Go Low" before stepping formally into the family business. SIFAX Group, which Taiwo Afolabi built into a multinational spanning shipping, logistics, hospitality and aviation, includes port operations at Tin Can Island, the Lagos Marriott Hotel Ikeja and Skyway Aviation Handling Company among its assets.

The appointment follows a pattern common among Africa's wealthiest founding families, where significant dates are used to mark the next generation's formal entry into group operations, signaling that succession planning at SIFAX is now actively underway.

Read full story in comment.

https://global.ariseplay.com/amg/www.thisdaylive.com/uploads/TDSM_0111.pdf
11/01/2026

https://global.ariseplay.com/amg/www.thisdaylive.com/uploads/TDSM_0111.pdf

The Honourable Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab will be speaking as a Panelist on ...
19/09/2025

The Honourable Commissioner for the Environment and Water Resources, Mr Tokunbo Wahab will be speaking as a Panelist on *“Rising Seas, Resilient Communities: Climate Adaptation Strategies in West Africa”* at Harvard Business School’s Klarman Hall, sharing Lagos’ bold, actionable approaches to flooding, environmental issues and sustainable climate actions.

From our multifaceted approach to managing municipal solid and liquid waste to effluent and biodiversity management and provision of resilient drainage infrastructure projects to community-led initiatives, Lagos is building, adapting, and leading.

Do join in tomorrow, Saturday, 20th of September, by 4pm as we discuss.

Click on the link below to join

https://youtube.com/?si=PJuXHA0mS6MS9U8j

What can be more painful than not making money? MISSING LAFFMATTAZZ WITH GBENGA ADEYINKA UK TOUR THIS AUGUST!!! 📍Cambrid...
12/08/2025

What can be more painful than not making money? MISSING LAFFMATTAZZ WITH GBENGA ADEYINKA UK TOUR THIS AUGUST!!!

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