Author: Newsjaunts

The Peoples Democratic Party (PDP) in Ogun State has urged residents and party supporters across the state to remain calm, assuring them that its governorship candidate, Hon. Oladipupo Adebutu, will be published by the Independent National Electoral Commission (INEC) and will emerge victorious in the 2027 gubernatorial election. Addressing the recent omission of Adebutu’s name from an INEC list, the party attributed the issue to intense pressure placed on the electoral body by the ruling All Progressives Congress (APC) out of fear of losing power. In an official statement released on Saturday by Arc. Kayode Adebayo, Publicity Secretary of the…

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LAGOS, 7 October 2026 – The Federal Government is courting investors for the next phase of Nigeria’s power sector reform, with accelerated metering and enhanced gas supply at the centre of efforts to turn existing assets into electricity delivered and paid for. The position was set out at the NAEC Energy Conference 2026 in Lagos, organised by the Association of Energy Correspondents of Nigeria under the theme “Access to Assets: Empowering Players and Driving Growth.” In remarks delivered on his behalf by the Ministry’s Acting Director of Press, Clement Ezeorah, the Minister of Power, Joseph Tegbe, said the value of…

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Shareholders of Fidelity Bank Plc have lauded the Bank’s Board and Management for strengthening its capital base, improving asset quality and sustaining earnings growth despite a challenging operating environment. The shareholders expressed their support at the Bank’s 38th Annual General Meeting, held virtually on Friday, 9 October 2026. Speaking during the meeting, Bisi Bakare, National Coordinator, Pragmatic Shareholders Association of Nigeria, drew attention to the Bank’s non-performing loan ratio of 2.4 per cent and capital adequacy ratio of about 16.1 per cent as indicators of its financial resilience. “The figures demonstrate that the Bank remains strong. With a non-performing loan…

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JMG Limited and its home appliances division, Jamara Home, participated in the Manufacturers Association of Nigeria (MAN) Exhibition, held from 5 to 7 October 2026 at the Oriental Hotel, Lagos, as part of activities marking MAN’s 54th Annual General Meeting and the 6th Adeola Odutola Lecture. The exhibition brought together manufacturers, business leaders, policymakers and other key stakeholders across Nigeria’s industrial sector, providing a platform for businesses to showcase products, engage industry players and explore opportunities for collaboration. JMG Limited showcased its LivFast and Lithion batteries, inverters and energy solutions, highlighting its commitment to providing reliable and efficient power solutions…

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JMG Limited, a leading provider of integrated industrial and electromechanical solutions in Nigeria, has completed the installation and commissioning of a high-capacity Kaeser compressed air system for Mamuda, delivering approximately 29 cubic meters of compressed air per minute to support its manufacturing operations and future production expansion. The project, executed by JMG Industrial, JMG’s specialized air compressor division, involved the design and development of a new compressed air infrastructure tailored to Mamuda’s specific production requirements. Rather than simply supplying equipment, JMG took a systems-engineering approach to the project, beginning with a comprehensive assessment of Mamuda’s compressed air demand, operating pressure, air…

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The Ogun State chapter of the Peoples Democratic Party (PDP) has raised an alarm over an alleged plot by the ruling All Progressives Congress (APC) to subvert and disrupt the Permanent Voter Cards (PVCs) collection exercise commencing across the state today. In a statement issued on Friday by the party’s Publicity Secretary, Arc. Otunba Kayode Adebayo, the PDP claimed it had received credible intelligence indicating plans by the ruling party to deploy hired thugs to collection centers across the 20 Local Government Areas of the state. According to the party, the objective of the alleged plot is to create chaos…

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Globacom has once again demonstrated its commitment to Nigeria’s rich cultural heritage by supporting the 2026 Ofala Festival in Onitsha as the official sponsor. The partnership, which has continued for over 15 years, highlights Globacom’s dedication to celebrating and sustaining cultural traditions that preserve identity, strengthen communities and contribute to the nation’s social and cultural development. The 2026 edition, which marks the 25th Ofala of the reign of the Obi of Onitsha, Igwe Nnaemeka Alfred Achebe, is themed “Igba Mbo, Iga N’Iru – Strive and Advance: From Resilience to Progress.” The theme resonates strongly with the history and character of…

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The Federal University of Agriculture, Abeokuta (FUNAAB), has recorded another professional milestone as one of its distinguished Academic Librarians, Dr. Fauziyah Adenekan, has been appointed Head of Library, Owolabi University, Oke-Ila Orangun, Osun State. Dr. Adenekan, a Librarian and Information Scientist at the Nimbe Adedipe Library, FUNAAB, brings to her new role extensive experience in academic librarianship, information management, library automation, teaching and research. She commenced her professional career at FUNAAB in 2017 as an Assistant System Librarian in the Automation Department. Over the years, she served in several units, including the e-Library Section, Cataloguing Department, Wole Soyinka Library and…

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