Wema Bank Davido 5ive Tour To Hold In Abuja on December 14
Unarguably one of the most highly anticipated music tours in Nigeria this year, the Davido 5ive Tour brought to you by Wema Bank, is set to make its 5th stop, in Abuja, Nigeria, on December 14th, 2025.
Following the release of his 5th studio album, 5ive, Afrobeats Artiste David Adeleke, a.k.a. Davido, kicked off a world tour tagged the “5ive Tour”. After a successful run across major North American cities, Davido announced that the 5ive Tour would be coming home to Nigeria where it all started.
Since its kickoff in October, the 5ive Tour Nigeria has toured cities across 4 regions of Nigeria, creating unmatched excitement and engagement from over 80,000 fans so far. Now, the Wema Bank Davido 5ive Tour is set to make its 5th stop in the capital city of Abuja on December 14, and the excitement is off the charts.
As tickets continue to sell out fast, fans await in eager anticipation for what may be the most intriguing show on the tour so far. Wema Bank, as usual, is showing up in grand style, with free Davido 5ive Tour Merch, limited edition tickets, exciting financial perks like cashback on transactions, free transfers for select card holders and many more irresistible rewards and freebies.
Tickets are still up for sale using the link in Davido’s bio. Those interested in getting free tickets from Wema Bank are encouraged to follow the Bank on all social media platforms @wemabank and turn on post notifications to get firsthand updates as the countdown to the tour begins.
Aare Adetola Emmanuelking Hails Ooni of Ife at 10, Praises Reign of Unity
The Chief Executive Officer of Adron Group, Sir Aare Adetola Emmanuelking, KOF, has congratulated His Imperial Majesty, Oba Adeyeye Enitan Ogunwusi, CFR, Ojaja II, the Ooni of Ife, on the occasion of his 10th coronation anniversary.
In a goodwill message, Aare Emmanuelking described the monarch’s decade-long reign on the revered throne of Oduduwa as divinely inspired, visionary, and transformational, noting that it has ushered in a new era of cultural renaissance and national unity.
He stated that since his ascension, the Ooni has redefined traditional leadership by modernising kingship, reviving Yoruba cultural identity, and strengthening Ile-Ife’s position as the spiritual and cultural epicentre of the Yoruba people.
According to him, the monarch’s leadership has significantly advanced youth empowerment, cultural diplomacy, innovation, and community development, while also strengthening ties between Africa and the global African diaspora.
Aare Emmanuelking commended the Ooni for successfully combining the preservation of ancient traditions with progressive governance, peacebuilding, and sustainable development initiatives, describing him as a beacon of cultural pride and purposeful leadership.
Speaking on behalf of his family, the Board, and Management of Adron Group, he expressed gratitude to God for the monarch’s impactful reign. He prayed for renewed strength, wisdom, and long life as he continues to serve the Yoruba nation and Nigeria at large.
Cost of Services in Nigeria’s Oil and Gas Industry is Cheapest in Africa – PETAN President
The President, Petroleum Technology Association of Nigeria (PETAN), Engr. Wole Ogunsanya on Wednesday declared that the cost of providing services in Nigeria’s oil and gas industry is relatively the cheapest on the African continent.
He spoke at a Townhall Session at the 14th Practical Nigerian Content (PNC) Conference and Exhibition at the Nigerian Content Tower (NCT), Yenagoa and provided a detailed analysis of project costs across Africa and elsewhere.
Engr. Ogunsanya insisted that a distinction must be made between the capital expenditures (CAPEX) of the oil industry and operating expenditures (OPEX), stressing that Nigeria’s CAPEX rates were arguably the lowest in Africa. He attributed what some industry observers refer as Nigeria’s uncompetitive costs of production to challenges of evacuation, security costs and the activities of portfolio companies that habitually manipulate their clientele.
According to him, PETAN, the umbrella body of reputable indigenous technical oilfield service companies, has been analysing production costs in different countries over time, using capital expenditure (CAPEX) and operating costs/expenditure (OPEX), and, in the case of Nigeria, carefully identifying cost elements at successive stages of oil and gas production.
In his words, “The number one cost driver in Nigeria’s oil and gas industry operations is evacuation of crude oil and gas. Our pipelines are vandalised, and some companies use vessels, barges to move crude oil, at a cost of US$12 per barrel.” Costs include payments to security agents as guards or escorts.
The PETAN boss, who is also Chairman/Chief Executive Officer of Geoplex Drillteq Limited, said whereas contracting a land rig in India costs as much as US$60,000 per day, the same services in Nigeria cost as low as US$30,000 for the same duration. Part of the explanation for the relatively lower costs in Nigeria, he noted, is that “Local content policy and practice in the industry here subsidises oil and gas production” in ways that might not be very apparent to some analysts, he said.
He lamented that some portfolio companies in Nigeria, companies without the requisite operational assets often constitute another grievous dimension in the escalation of costs. PETAN, he revealed, is “aware of portfolio companies that had previously obtained the Nigerian Content Equipment Certificate (NCEC), became registered on NIPEX (Nigerian Petroleum Exchange) and had services, projects awarded to them.”
The Presidential Directive on Local Content Compliance Requirements introduced in March 24, 2024, had mandated that such portfolio companies be barred from participating in the Nigerian oil and industry, while companies bidding on projects must demonstrate genuine, tangible capacity to perform the work independently.
Ogunsanya called on the NCDMB to allow specialists in PETAN to provide guidance on equipment required for different industry operations. He also wants the Federal Government and the NNPCL to facilitate efforts of PETAN to establish the cost of projects in other markets, to enable the Association advise the authorities on trends globally, “so when any of the IOCs or even indigenous companies say we are doing a US$5 billion project to produce 100,000 barrels, we have a basis for comparison.”
Other issues deliberated upon at the Townhall Session, moderated by the General Manager, Corporate Communications Division (CCD) of the NCDMB, Dr. Obinna Ezeobi, include key requirements for NCEC, whether the US$400 million Nigerian Content Intervention Fund (NCDF) of the NCDMB could be accessed by startup companies or for Research and Development.
On NCEC requirements, the Director of Capacity Building, of NCDMB, Engr. Abayomi Bamidele disclosed that NCDMB has developed “Guidance Notes,” showing documents that are mandatory and others that are specific to assist companies or individuals seeking the certificate.
He advised companies applying for the NCEC to choose one or two of the eight categories of NCEC in which they possess the requisite equipment and assets and not attempt to register for all. A promise was made by Engr. Bamidele and Dr. Ezeobi that a platform would be opened by the NCDMB for complaints relating to NCEC.
On the Nigerian Content Intervention Fund (NCI Fund), the Director of Finance and Personnel in the NCDMB, Mr. Uchendu Ossaowa, said Research and Development (R&D) operations are not eligible to borrow from the NCI Fund scheme because the fund is specifically for contributors and firms that have running contracts with oil and gas operating firms.
However, companies engaged in R&D could access the US$50 million Nigerian Content Research and Development Fund, instituted by the Board, the Director, Corporate Services of the NCDMB, Dr. Abdulmalik Halilu, clarified.
He also pointed out that there are hackathons – innovation contests sponsored by the NCDMB, where R&D focused firms can benefit from the Board’s support.
The 14th PNC Conference and Exhibition ended on Thursday with site visit by delegates to an oil and gas facility, with specialty in electrical services and related solutions.
Aare Adetola Emmanuelking Celebrates Akarigbo at 63, Commends Monarch’s Exemplary Leadership
Aare Adetola Emmanuelking has joined well-wishers across Remoland and beyond to celebrate the Akarigbo and Paramount Ruler of Remoland, His Royal Majesty Oba Babatunde Adewale Ajayi, Torungbuwa II, as he marks his 63rd birthday. The Chairman/CEO of Adron Group and Otun Akile of Remoland delivered a heartfelt tribute to the revered monarch in honour of the milestone.
In his message, Aare Emmanuelking described the Akarigbo as a ruler whose life radiates uncommon wisdom, authenticity, and grace. He noted that under Oba Ajayi’s steady and visionary leadership, the Remo Kingdom has continued to flourish, earning him the admiration of his people and respect across Yoruba land.
He praised the monarch’s intellectual brilliance, humility, and deep compassion, qualities he described as central to the Akarigbo’s enduring impact. “Your Majesty’s wisdom illuminates minds, your presence uplifts hearts, and your life exemplifies the harmony of intellect, humility, and grace,” Aare Emmanuelking stated.
He further highlighted that Akarigbo’s reign has been one of dignity, intention, and positive transformation. According to him, it is the character of the man behind the crown that truly endears Oba Ajayi to the people, noting that his counsel often “creates ripples of influence far beyond the palace walls.”
As Kabiyesi marks his 63rd year, Aare Emmanuelking offered prayers for continued good health, peace, joy, and divine wisdom, expressing confidence that the monarch’s legacy of service and enlightenment will continue to guide future generations.
Oba Babatunde Adewale Ajayi, who ascended the throne in 2017, is widely regarded as a progressive and community-focused leader, one whose modern, people-centric approach has strengthened unity and development across Remoland.
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Abisola Munis: Exemplifying Excellence in Public Service and Strategic Event Leadership
Mrs. Abisola (Ann) Munis, the Senior Special Assistant on Public Hearing and Event Management to the President of the Senate, Federal Republic of Nigeria, stands out as a distinguished professional whose work continues to shape the operations, visibility, and efficiency of high-level public institutions. With over thirteen years of proven experience in protocol management, public affairs, and strategic organizational coordination, she has consistently demonstrated an exceptional capacity to manage complex assignments with precision and grace.
A resourceful and articulate administrator, Abisola has earned a reputation for excellence across both the public and private sectors. Her unmatched ability to harmonize human and material resources for optimal productivity reflects not only her technical expertise but also her remarkable leadership and interpersonal skill set. Her work ethic is grounded in discipline, innovation, and a deep commitment to delivering results that reflect the goals of the organizations she represents.
In her role as Senior Special Assistant to the President of the Senate, she plays a critical function in the planning and execution of public hearings, state functions, institutional engagements, and high-profile events. Her strategic oversight ensures that protocols are observed, stakeholders are effectively coordinated, and the Senate’s public engagement activities reflect dignity, organization, and national significance. Her contributions continue to enhance the credibility and public image of legislative governance in Nigeria.
Prior to her current role, Abisola served as Senior Special Assistant on Establishment to the Lagos State House of Assembly Service Commission, where her administrative insights supported the structural development of the Assembly’s operations. She previously advanced the Speaker’s office in Lagos State through her contributions as SSA on Protocol and Foreign Affairs, as well as SSA on Public Relations and Media, where she managed publicity strategy, media campaigns, stakeholder relations, and ceremonial protocol with exceptional professionalism.
Beyond public service, Abisola has also made her mark in political leadership structures, including her involvement in the APC National Youth Wing Campaign Advisory Council, and her impactful role in the Social and Humanitarian Committee of the Tinubu/Shettima Presidential Campaign Council. Her passion for community engagement and national development underscores her commitment to fostering unity, empowerment, and civic participation.
Abisola’s educational foundation is equally impressive. She holds a Bachelor’s degree in Computer Science from Olabisi Onabanjo University and has continued to sharpen her leadership capacity through global executive development programmes, including certifications from the University of Cambridge and the University of North America in leadership, governance, organizational change, negotiation, and strategic communication. Her pursuit of knowledge reflects her belief in continuous growth, capacity building, and responsive leadership.
A forward-thinking, diligent, and visionary professional, Abisola Munis represents a new generation of public administrators who are redefining leadership through competence, character, and purpose. Her journey remains an inspiring example of what is possible when talent meets dedication and service.
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Adron Homes Chairman Commends Oyo State’s Real Estate Reforms, Urges Policy Continuity
The Chairman and Chief Executive Officer of Adron Group, Aare Adetola Emmanuelking, KOF, has commended the Oyo State Government for its bold reforms in the real estate sector, describing the state as a land of “history, enterprise, and endless possibilities.”
Aare Adetola remarked while delivering a goodwill message titled “The Real Estate Called Oyo State” at the 2025 Oyo State Real Estate Conference, held in Ibadan.
The event, themed “Real Estate and Economic Development in Oyo State: Strategies for Success,” brought together top real estate developers, government officials, and investors to discuss strategies for improving housing delivery and driving economic growth in the state.
Organised by the Office of the Special Adviser to the Governor on Housing and Urban Development in collaboration with the Real Estate Developers Association of Nigeria (REDAN), the conference highlighted the need for policy stability, public-private partnerships, and innovation in real estate development.
In his address, the Speaker of the Oyo State House of Assembly, Rt. Hon. Adebo Ogundoyin, reaffirmed the government’s commitment to transparency and investor confidence through the digitalisation of land records (OYOGIS), improved urban planning, and major infrastructure upgrades across the state.
He also cited the passage of the Oyo State Land Control and Administration Bill, 2023, and the establishment of the Anti-Land Grabbing Task Force as key reforms curbing land disputes and promoting sustainable property ownership. Ogundoyin praised major developers such as Adron Homes and MKH Properties for their role in boosting investor trust in the Oyo property market.
In his goodwill message, Aare Adetola Emmanuelking applauded the administration of Governor Seyi Makinde, FNSE, for maintaining consistency in land policies and governance structures, which he said had continued to attract serious investors to Oyo State.
He recalled that Adron Homes made its foray into Ibadan nearly a decade ago based on the state’s stable policy environment, a decision that has since yielded impressive results. He, however, urged the state government and future administrations to ensure policy continuity, warning that inconsistency could derail the progress already achieved.
The conference ended with a collective resolve by stakeholders to deepen collaboration between the public and private sectors, strengthen regulatory transparency, and create a business environment that will make Oyo State a model for real estate investment in Nigeria.
Tension as Tenants Accuse Greenbirch Limited of Harassment and Disturbance of Public Peace
Residents of 16 units of three-bedroom apartments located at 96B, Ladipo Omotesho Cole Street, Lekki Phase 1, previously rented to Greenbirch Limited, have accused the company of unlawful entry, theft, intimidation, harassment, threats to life, and breach of public peace, among other offenses.
The sub-tenants allege that it was shocking to discover that the apartments actually belong to RAO Investment Property Company Limited owned by the Okoya’s, which is currently in a legal tussle to recover the property from Greenbirch Limited. They claim that the company led by Mr. Lawrence Uwaoma Onwukwem, his partner Mr. Davies Isaiah Ijele, and staff members Mr. Sodiq Tayo Kazeem and Ms. Peace Chidinma Igbo has made life unbearable for them through acts of aggression and persistent harassment.
According to Mr. Odera Emeka Eke, who rented two units in August 2021, he carried out extensive renovations on the apartments, including replacing all sanitary wares, light fittings, kitchen cabinets, and ceilings with POP. These works were conducted in the presence of Greenbirch officials, who took custody of the old materials removed from the apartments.
Eke further explained that, being a new company at the time, Greenbirch lacked the expertise to manage the facility and often relied on tenants for operational guidance. “Certain agreements were reached regarding the power distribution and billing system. We purchased new electricity meters on the condition that Greenbirch would reimburse us, but that refund is still outstanding to date,” he said.
The sub-tenants also alleged that Greenbirch informed them of an outstanding electricity bill of over ₦20 million owed to EKEDC, purportedly arising from high power consumption from the water treatment plant. However, they later discovered that all were lies and that the bill stemmed from an illegal power bypass allegedly perpetrated by Greenbirch, which attracted a heavy penalty and arrears of EKEDC bill which Green Birch refused to remit though they had been collecting same from the sub-tenant. The sub-tenants had to contribute funds to offset the debt, while Greenbirch only paid ₦2 million, yet they were still required to sign an undertaking to EKEDC before reconnection was granted.
Following a court judgment in favour of RAO Investment Property Company Limited, owned by renowned industrialist Chief Razak Okoya CON, terminating Greenbirch’s tenancy and right of occupation, the sub-tenants believed their ordeal had ended. However, according to them, Greenbirch retaliated by disconnecting power and water supply, and deploying armed men to intimidate workers and residents within the facility.
“These actions forced us to petition the AIG, Zone 2 Police Command, over the illegal activities and harassment by Greenbirch’s armed agents,” Eke explained. “Rather than stop, the harassment intensified. They repeatedly disconnected our essential services, prevented reconnection, and recently, policemen from Area J have begun summoning tenants to the station under false pretenses. We have also been reliably informed that Greenbirch plans to remove the generator and decommission the water treatment plant in furtherance of their intimidation campaign. Our petition on this matter remains pending at the AIG’s office, Zone 2.”
Another set of sub-tenants, Mr. and Mrs. Olusola and Olufunmilola Alabi, who rented Block A, Flat 3 from Greenbirch in May 2021 for use as a short-let (Airbnb) business, narrated a similar experience. The couple alleged gross breach of tenancy agreement, stating that despite seeking redress in court, Greenbirch broke into their apartment, carted away properties valued at over ₦23 million, and re-let the apartment to another person.
“In a bid to cover up this illegality,” Mr. Alabi said, “Greenbirch petitioned the AIG, FCID Annex, Alagbon, falsely accusing my wife and I of fabricated crimes. Upon investigation by the Police X-Squad, it was established that it was in fact the tenant (Green Birch) and his associates who committed the offense of breaking and entry. Consequently, we filed our own petition dated November 12, 2024, to the AIG FCID Annex, formally reporting a case of breaking and entry/stealing against Green Birch and his partners.”
According to the couple, Greenbirch then escalated the matter to the DIG, FID Abuja, with another petition containing the same false allegations. However, the “Team J” Police Unit at FID Abuja dismissed the claims after investigation, reaffirming that the case against Greenbirch and its associates was criminal in nature. The Abuja investigation report was later forwarded to the Lagos Annex for prosecution, but the Alabis allege that some officers “stylishly shelved the report” and advised them to await the outcome of the civil case despite several confirmations that the matter was indeed criminal.
Upon receiving a new police invitation at Alagbon, Greenbirch and its associates filed a Fundamental Rights Enforcement Suit at the Lagos High Court, joining the Alabis, the Inspector General of Police, AIG Alagbon, AIG Zone 2, and several police officers, seeking an order to restrain their arrest and investigation.
One of the company’s staff members, Ms. Peace Chidinma Igbo, was eventually arrested and charged to court for failing to produce Mr. Sodiq Kazeem, another staff member for whom she had stood surety. She was remanded in Kirikiri Correctional Facility for several days before meeting her bail conditions. The matter is currently before the Oyingbo Magistrate Court, Lagos, under Charge No: BG/K/23/25/2025 Commissioner of Police v. Peace Chidinma Igbo. Meanwhile, Mr. Lawrence Onwukwem, Mr. Davies Ijele, and Mr. Sodiq Kazeem are said to have gone into hiding and have repeatedly failed to honour police invitations.
It should be recalled that Chief Razak CON and Chief Mrs. Shade Okoya MON recently debunked stories circulating in the media that Senator Domingo Obende sought to take over the said property as collateral for a $250,000 loan, describing such claims as fictitious, baseless, and maliciously intended to create confusion.
They also stated that Greenbirch sublet the apartments to 16 sub-tenants during its lease period but has since resorted to blackmail, harassment, and the deployment of fake armed policemen to the premises to intimidate lawful occupants, despite a subsisting court judgment against it. Mr Lawrence and his agents are attempting to coerce tenants into paying advance rents running into millions of naira for several years before RAO Investment Property Company Limited reclaims its property. A payment they have no legal right to collect, yet they are still owing the Okoyas the outstanding rent.
The Okoya family in their statement therefore warned members of the public not to lease or transact any property dealings with the aforementioned individuals, describing them as persons with no fixed address and no lawful authority over the property.
Access Bank and Mastercard: Enabling Seamless Africa-Global Payments
L-R: Folashade Femi-Lawal, Country Manager, West Africa, Mastercard; Roosevelt Ogbonna, Group MD, Access Bank; Mark Elliot, Division President, Africa, Mastercard; and Chizoma Okoli, Deputy MD, Access Bank at the Access – Mastercard Event.
In today’s interconnected world, seamless cross-border payments are vital for economic growth, business expansion, and personal empowerment. For decades, millions of Africans faced steep barriers in sending or receiving money internationally: high fees, opaque exchange rates, and long delays that made transactions uncertain and costly. Whether they are students paying tuition abroad or traders settling import bills and families depending on remittances, these challenges have touched every layer of society.
Africa’s fragmented payments landscape, marked by multiple currencies, varying regulations, and limited banking infrastructure, has long slowed financial inclusion. In this system, a trader in Lagos might wait weeks for funds from Nairobi, while a Ghanaian student in the United States could lose a significant portion of tuition to
intermediary charges. For many, especially in rural or informal sectors, formal banking channels were out of reach, forcing reliance on informal and risky alternatives.
Recognising the need for change, Access Bank, one of Africa’s largest and most innovative financial institutions, has partnered MasterCard, a global payments leader, to reimagine how money moves across borders. The collaboration aims to make cross-border payments faster, cheaper, and more transparent, empowering individuals and businesses to participate more fully in the global economy.
“By combining our strengths, we can unlock new opportunities, bridge the financial divide, and create a more inclusive and prosperous future for all Africans,” says Robert Giles, Senior Advisory, Retail Banking at Access Bank.
The partnership leverages Access Bank’s extensive African footprint and its Access Africa platform alongside MasterCard’s global network, treasury infrastructure, and advanced technology, particularly through the Mastercard Move system. Together, they have built an ecosystem that finally delivers on the promise of speed, convenience, and reliability.
The solution is designed to be inclusive and versatile, allowing users to send and receive money via multiple channels: bank accounts, cards, mobile wallets, and even cash. Whether a student in Ghana paying tuition in Europe, a trader in Lagos importing goods from China, or a family in Kenya receiving remittances, cross-border transactions are now simpler and safer.
For MasterCard, the goal extends beyond expanding services; it is about deepening financial inclusion. “This partnership transforms payment experiences, extending MasterCard’s digital ecosystem to ensure millions from underserved communities can participate in the evolving digital economy,” says Mark Elliott, Mastercard’s Division President for Africa.
The alliance builds on mutual strengths, Access Bank’s deep local knowledge and MasterCard’s global reach, to create a seamless payments corridor connecting Africa to the world.
A critical element of this innovation is the technical integration led by Fable Fintech, a MasterCard Express Partner under the Move Programme. Integrating Access Bank’s operations across multiple African markets was a massive undertaking, given diverse currencies and regulatory frameworks. The result is a unified cross-border payment experience, reducing complexity and delays.
“We were fortunate to be the fulcrum of the seamless multi-country integration of one of Africa’s largest banks using MasterCard’s cross-border assets,” a Fable Fintech representative noted. The platform now supports real-time or near-real-time transactions, offering resilience, scalability, and strong fraud protection.
Apart from technology, this partnership signals a paradigm shift, from dependency to empowerment, from financial fragmentation to unity. By democratising access to affordable and transparent payments, Access Bank and MasterCard are enabling millions of Africans to engage in international trade, education, and family support. The impact is tangible: faster transactions, lower costs, and increased financial inclusion.
Already, the ripple effects are visible. Informal traders in Kigali now use formal financial channels instead of risky agents. SMEs in Nairobi can settle invoices with international clients more predictably. Families in Accra receive remittances with less worry about lost payments, while students overseas manage tuition with ease. Each transaction strengthens Africa’s participation in global commerce.
The partnership also prioritises financial literacy and empowerment. Recognising that technology alone is not enough, Access Bank and MasterCard are educating users on digital payments, security, and the benefits of financial inclusion, particularly in underserved communities where awareness gaps remain.
The collaboration aligns with broader socio-economic goals such as job creation, poverty reduction, and gender inclusion. By expanding access to finance, it empowers women entrepreneurs, youth, and small businesses to thrive. A woman running a rural enterprise can now receive payments from clients abroad and reinvest in her community; a young professional can more easily fund studies or start a venture. The result is a more inclusive and resilient African economy.
This initiative also complements Access Bank’s wider sustainability agenda, seen in projects like the Access Clean Water Initiative, which integrates financial inclusion with social impact. The Bank’s approach underscores that responsible banking and profitability can go hand in hand.
Access Bank and MasterCard are looking at scaling their innovation, embrace emerging technologies, and deepen collaborations with governments and development partners to expand access even further. As Africa’s economies evolve, agile and secure payment systems will be essential to sustaining growth.
The partnership stands as example of what is possible when business, technology, and purpose converge. By harnessing shared vision and innovation, Access Bank and MasterCard are redefining Africa’s role in the global payments ecosystem, breaking down financial barriers and enabling millions to connect, trade, and thrive across borders.
