News
Gabonese President Confers Prestigious Honours on Tony Elumelu
I am truly humbled by this honour. It is a reflection not just of my personal journey, but of a shared belief – that African-led solutions, African entrepreneurs, and African institutions will shape the future of this continent
•Gabonese President Oligui Nguema, in a handshake with Tony Elumelu.
The President of the Republic of Gabon, His Excellency, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious national honours – the Commander in the National Order of Gabonese Merit – on the Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, Mr. Tony Elumelu.
The distinguished award recognises Elumelu’s enduring contribution to Africa’s economic development, particularly his impact on youth entrepreneurship and infrastructure growth in Gabon and across the continent.
The recognition was conferred on him at the presidential palace in Libreville on Monday.
Oligui Nguema, who was recently sworn in as the newly elected President of the oil-rich country, praised Elumelu’s commitment to inclusive and sustainable development in Africa
‘Tony Elumelu is not only a visionary entrepreneur but also a committed friend of our nation Gabon.
Through his Foundation and the UBA Group, he has consistently shown that investing in Africa is not just good business – it is the key to our shared future.
Today, we honour a man whose actions continue to empower young Africans and inspire nations.”
While acknowledging the recognition, Elumelu, who has made several high-level visits to Gabon in recent months, expressed deep gratitude for the recognition and reaffirmed his commitment to supporting the country’s development agenda.
“I am truly humbled by this honour. It is a reflection not just of my personal journey, but of a shared belief – that African-led solutions, African entrepreneurs, and African institutions will shape the future of this continent.
“Gabon holds enormous potential, and I am proud that the Tony Elumelu Foundation and UBA Group can play a role in unlocking it,” Elumelu said.
News
Homicide: Killer husband on the run for alleged murder of wife
Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.
Tragedy struck at number 21 Olutayo Alao Street, River Valley Estate, mainland Lagos.
A mother of three simply identified as Ayobami Ayanwale was allegedly stabbed to death in front of her children by her husband.
Eye-witness Neighbours who confirmed the incident said that her body has since been deposited at a mortuary after she was pronounced dead on arrival at a hospital at Olowoora area of the community.
Following the incident, the alledged killer husband has fled, leaving the survived three children with the dead wife’s elder brother at Akute.
The case was reported to Adigboluja Police station Ojodu-Abiodun.
News
Armed Forces Celebration and Remembrance Day hold January 15
The Director Defence Information (DDI), Maj Gen Samaila Uba, disclosed this emphasising that the redesignation was to reflect the dual dual essence of the occasion in honouring the living while also acknowledging the fallen heroes.
Previously known as ‘Armed Forces Remembrance Day‘, the name has been officially changed to ‘Armed Forces Celebration and Remembrance Day.’
The Director Defence Information (DDI), Maj Gen Samaila Uba, disclosed this emphasising that the redesignation was to reflect the dual dual essence of the occasion in honouring the living while also acknowledging the fallen heroes.
“January 15 is set aside annually by the Federal Government of Nigeria to honour the living personnel of the Armed Forces of Nigeria (AFN) while acknowledging the sacrifices of those who have paid the supreme price to safeguard the nation’s territorial integrity as well as the lives and properties of its citizens.
He urged the media to adopt “Armed Forces Celebration and Remembrance Day” in all their future reportage.
“The AFN once again appreciates the media’s unwavering support in the fight against insecurity and looks forward to even stronger collaboration ahead, he said.
News
Farouk Ahmed: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC
In the petition signed by Lead Counsel Dr. O.J. Onoja S.A.N, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Mr. Ahmed and prosecute him if found culpable.
- • Aliko Dangote and Farouk Ahmed when the going was good.
The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC).
This move follows the withdrawal of the same petition from the Independent Corrupt Practices and Other Related Offences Commission (ICPC), a strategic decision aimed at accelerating the prosecution process.
In the petition signed by Lead Counsel Dr. O.J. Onoja S.A.N, Dangote urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Mr. Ahmed and prosecute him if found culpable.
“We make bold to state that the commission is strategically positioned along with sister agencies to prosecute financial crimes and corruption related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders. See Lawan v. F.R.N (2024) 12 NWLR (Pt. 1953) 501 and Shema v. F.R.N. (2018) 9 NWLR (Pt.1624)337.”
Onoja further urged the commission, under the leadership of Mr. Olanipekun Olukoyede, “…to investigate the complaint of Abuse of Office and Corruption against Engr. Farouk Ahmed and to accordingly prosecute him if found wanting”
The petition also stated that: “The commission’s firm resolve in handling this matter with dispatch is not only imperative and expedient but will also serve as a deterrent to other public officers out there with such corrupt proneness and tendencies”
The development reinforces Dangote’s unwavering commitment to transparency and accountability in Nigeria’s oil and gas sector.
It will be recalled that on December 14, 2025, Dangote raised concerns about Mr. Ahmed’s financial dealings, alleging that the former regulator is living far beyond his legitimate means.
According to Dangote, four of Mr. Ahmed’s children attended elite secondary schools in Switzerland, incurring costs running into several millions of dollars—an expenditure that raises questions about potential conflicts of interest and the integrity of regulatory oversight in the downstream petroleum industry.
Dangote listed the schools attended by Mr. Ahmed’s children: Faisal Farouk (Montreux School), Farouk Jr. (Aiglon College), Ashraf Farouk (Institut Le Rosey), and Farhana Farouk (La Garenne International School), noting that each child spent six years in these institutions.
He estimated annual tuition, travel, and upkeep per child at $200,000, totaling approximately $5 million for their secondary education.
Additionally, Dangote alleged that Mr. Ahmed spent another $2 million on tertiary education for the four children, including $210,000 for Faisal’s 2025 Harvard MBA program.
“Nigerians deserve to know the source of these funds, especially when many parents in Mr. Ahmed’s home state of Sokoto struggle to pay as little as ₦10,000 in school fees,” Dangote stated.
The petition calls for a comprehensive investigation to ensure accountability and restore public confidence in Nigeria’s regulatory institutions.
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