Nigeria News (Standard)
Lagos-Based Zedcrest Securities Named Joint Stockbroker for Dangote Refinery IPO on Nigerian Exchange
Move expected to deepen capital market as Dangote Refinery prepares for public listing, attracting local and foreign investors
Move expected to deepen capital market as Dangote Refinery prepares for public listing, attracting local and foreign investors
Zedcrest Securities, a financial services firm headquartered in Lagos, has been appointed as a joint stockbroker for the proposed Initial Public Offering (IPO) of Dangote Refinery, one of the most anticipated transactions in Nigeria’s capital markets. The announcement was made on Friday, positioning Zedcrest among select operators to facilitate the refinery’s planned listing on the Nigerian Exchange (NGX).
The Dangote Refinery, located in Lagos State, is recognised as the world’s largest single-train facility and has drawn significant interest from both domestic and international investors. With ongoing plans to offer a portion of its shares to the public through the NGX, industry watchers say this IPO could mark a turning point for investor participation in Nigeria’s oil and gas sector.
Market analysts note that Zedcrest Securities’ appointment underscores its rising profile within Nigeria’s financial ecosystem. The development follows Zedcrest Group’s acquisition of RMB Nigeria Stockbrokers less than two years ago—an expansion that strengthened its capacity to handle large-scale transactions and institutional mandates. “This milestone highlights our commitment to supporting high-impact deals that will shape Nigeria’s capital market,” a senior executive at Zedcrest said in a statement issued after the announcement.
Industry stakeholders have welcomed the move, describing it as a signal of growing confidence in local intermediaries’ ability to manage major listings. Financial experts believe that Dangote Refinery’s entry into the stock market could attract billions of naira in new investments and increase liquidity across sectors. No official timeline has been given for the IPO, but expectations remain high amid ongoing reforms aimed at boosting transparency and investor protection on the NGX.
As preparations continue, attention is focused on regulatory approvals and final structuring of the share offering. The Nigerian capital market community will be watching closely as details unfold in what is set to be one of the largest public offerings in recent history.
Nigeria News (Standard)
Ekiti Governor Oyebanji Declares Victory, Calls for Unity After Governorship Election
APC candidate extends olive branch to Oluyede, Bejide and other rivals in post-election speech in Ado-Ekiti
APC candidate extends olive branch to Oluyede, Bejide and other rivals in post-election speech in Ado-Ekiti
Governor Biodun Oyebanji of Ekiti State delivered his victory speech on Sunday, following the conclusion of the 2026 governorship election in the state. Speaking in Ado-Ekiti, Oyebanji, who contested on the platform of the All Progressives Congress (APC), extended what he described as ‘hands of fellowship’ to his main opponents — Oluyede, Bejide and others — urging them to join him in moving the state forward.
The governor’s remarks came shortly after electoral officials announced the final results, confirming his return to office for a second term. Addressing supporters and stakeholders at the government house, Oyebanji expressed appreciation to residents of Ekiti for their peaceful conduct during the polls and reaffirmed his commitment to inclusive governance. He specifically called on opposition candidates to set aside political differences for the benefit of all citizens.
The election, which drew attention across South-West Nigeria, was closely watched by political observers given Ekiti’s history of fiercely contested polls. In previous cycles, aggrieved parties have often challenged outcomes in court or staged parallel celebrations. This year’s poll was seen as a test of APC’s influence in the region ahead of national elections.
In his statement, Governor Oyebanji acknowledged the contributions of his rivals and invited them to work together towards development goals. “We must put politics aside now that the people have spoken,” he said. There was no immediate response from Oluyede or Bejide at press time.
Observers say attention will now shift to how opposition parties respond and whether any legal petitions will be filed. The Independent National Electoral Commission (INEC) is expected to issue certificates of return later this week.
Nigeria News (Standard)
Delta Police Confirm Death of Twin Infants Abandoned in Drainage by Parents
Authorities say tragic incident occurred in Warri South LGA; investigation ongoing, community expresses shock over loss
Authorities say tragic incident occurred in Warri South LGA; investigation ongoing, community expresses shock over loss
Police in Delta State have confirmed the death of twin infants who were discovered lifeless in a drainage channel after allegedly being dumped by their parents. The incident took place in Warri South Local Government Area on Sunday, 21 June 2026, according to the state police command.
The Delta State Police Public Relations Officer stated that the infants were found by residents who immediately alerted law enforcement. Preliminary findings suggest that the babies had been abandoned in the drainage, leading to their eventual death. The police have launched an investigation to uncover the circumstances surrounding the act and to identify those responsible.
This development has drawn concern from many residents and child rights advocates within Delta State, as similar incidents have been reported in parts of the South-South zone. Community members expressed sadness at the loss of innocent lives and called for increased vigilance and social support to prevent such occurrences.
While speaking on the matter, the Delta State Police Command assured that efforts are ongoing to bring any culprits to justice and urged members of the public to report suspicious behaviour around their neighbourhoods. As at press time, no arrests had been announced, but police said investigations are progressing.
Authorities emphasised that cases involving child abandonment or endangerment will be prosecuted under Nigerian law. The police also appealed to families facing hardship to seek help from appropriate government agencies rather than resorting to actions that could endanger lives.
Nigeria News (Standard)
APC Hails Oyebanji’s Re-Election, Says Victory Reflects Ekiti People’s Confidence
Party leadership describes result as endorsement of Governor Oyebanji’s performance; opposition parties yet to issue formal response
Party leadership describes result as endorsement of Governor Oyebanji’s performance; opposition parties yet to issue formal response
The All Progressives Congress (APC) has congratulated Governor Biodun Oyebanji on his re-election in Ekiti State, stating that the outcome of the poll demonstrates the confidence and trust the people have in his leadership. The party made this known in a statement released on Sunday, 21 June 2026.
According to APC officials, Oyebanji’s victory at the polls is a clear indication of the electorate’s satisfaction with his administration’s achievements over the past term. The party leadership commended voters across Ekiti for what it described as peaceful conduct and active participation during the governorship election.
The re-election comes at a time when political observers had raised concerns about voter apathy and heightened competition from opposition parties in the South-West state. However, APC argued that the result is an affirmation of its policies and the Governor’s performance in areas such as infrastructure, education, and social welfare programmes.
While congratulating Oyebanji and all APC supporters in Ekiti, party leaders urged him to continue prioritising good governance and inclusive development. The statement read: “Governor Oyebanji’s re-election shows that our people believe in his vision for Ekiti State.” As at Sunday evening, no official statement had been released by major opposition parties regarding the outcome of the election.
With Oyebanji set for another term, attention is now turning to how his administration will consolidate on existing projects and address key challenges facing residents. Political analysts expect heightened scrutiny on policy implementation as Ekiti remains a critical state in South-West politics.
No Score Reported Yet as Diomande Matches Messi’s World Cup Record
Ekiti Governor Oyebanji Declares Victory, Calls for Unity After Governorship Election
Barcelona Star Declares Messi His Ultimate Idol, Calls Him ‘The Perfect Footballer’
Conceicao: ‘I Am Not Obligated to Pass to Ronaldo’ — Portugal Star Sparks Debate Ahead of Next Clash
Lamine Yamal Breaks Messi’s Record With World Cup Goal at Just 18 Years, 343 Days
Xavi Calls Messi ‘Incomparable’ — Why Barcelona Legend Rates Him Above All Others
Yamal Matches Pele’s Record as Spain Sweep Past Saudi Arabia at 2026 World Cup
Delta Police Confirm Death of Twin Infants Abandoned in Drainage by Parents
Ex-Super Eagles Star Warns Hakimi Trial Could Distract Morocco at World Cup
APC Hails Oyebanji’s Re-Election, Says Victory Reflects Ekiti People’s Confidence
Environment Minister Urges Increased Investment in Nigeria’s Green Economy Ahead of Global Climate Summit
Moniepoint Graduates Second DreamDevs Cohort in Lagos to Strengthen Nigeria’s Engineering Workforce
Gọvanmenti Nigeria Kwupụtara 53 Orù Anyanwụ Maka Ike Ọhụrụ N’iru Afọ 2050
Fresh Romance Rumours Trail Lando Norris as Alix Earle Sparks Drama in Monaco
FG Launches $500m Abuja Formula 1 Bid, Targets Africa’s First Grand Prix Since 1993
Why More Nigerians Are Searching for Casino Bonuses—and What You Should Know Before Claiming
Peter Obi Demands ₦5bn and Public Apology From Kenneth Okonkwo Over Defamation in Lagos
Lagos State Disburses ₦15bn, Creates 320,000 Jobs Through Employment Trust Fund
Lagos Court Declares National Assembly’s ₦110bn Vehicle and Allowance Spending Unlawful
