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Banking

Access Bank Secures 16 Euromoney Honours for Innovation, Strategy

Lagos, Nigeria – July 17, 2026: Access Bank Plc has earned 16 honours at the prestigious Euromoney Awards for Excellence 2026, marking one of the strongest performances by any African financial institution this year and reinforcing its position as a leading global banking brand. The awards recognize the bank’s achievements across customer experience, sustainable finance, SME banking, digital banking, corporate responsibility and market leadership in several African markets. The recognition highlights Access Bank’s commitment to innovation, sustainability, customer focused solutions and responsible growth. For more than 30 years, the Euromoney Awards for Excellence have been regarded as one of the banking industry’s highest honours, recognising institutions for leadership, innovation, governance, customer service, financial performance and long-term value creation. Access Bank received awards for corporate responsibility in Angola, Botswana and Nigeria; digital banking in Cameroon; customer experience in the Democratic Republic of Congo and Kenya (National Bank of Kenya); SME banking in Ghana, Nigeria and Zambia; sustainable finance and ESG leadership in Rwanda and Zambia; and Best Bank awards in The Gambia, Sierra Leone and Zambia. The recognition reflects the bank’s continued investment in digital transformation, customer experience, financial inclusion, sustainability, SME development and operational resilience. It also underscores the strength of its governance framework and strategic execution as it expands across Africa while strengthening international trade and investment corridors. Access Bank said the awards validate its long-term strategy of connecting Africa to the world by supporting SMEs, promoting financial inclusion, empowering women-led businesses, encouraging youth entrepreneurship and expanding access to digital financial services. Commenting on the achievement, Managing Director/Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, said the awards reflect the confidence customers have in the bank and the commitment of its employees. “These awards are a tribute to the trust our customers place in us, the dedication of our employees and the strength of the communities and markets we serve. They affirm that our commitment to innovation, customer excellence, sustainability and responsible growth continues to deliver meaningful impact at scale,” he said. Ogbonna added that the recognition demonstrates that African financial institutions can compete successfully on the global stage while creating lasting value for customers, investors and communities. According to the bank, the recognition will translate into improved digital services, enhanced security, greater international connectivity and stronger customer confidence, while reinforcing its credibility among investors, correspondent banks, regulators and development finance institutions.

Elections, Politics

Conflicting Appeal Court Judgments Raise Questions Over INEC’s Powers

An evidently disturbing development played up yesterday in the judiciary after two Appeal Courts handed down conflicting judgments on the powers and guidelines of the Independent National Electoral Commission (INEC). The first Court of Appeal, Abuja, upturned the judgment of a Federal High Court, which nullified part of the election guidelines of INEC for the conduct of the 2027 general election. A three-member panel of the appellate court in a unanimous judgement held that the trial court was wrong in nullifying the guidelines, which did not in any way violate the 1991 Constitution nor the Electoral Act. Yet, another three-member panel of another appellate court also sitting in Abuja struck down Sections 77(5), (6) and (7), as well as 84(2) of the Electoral Act 2026, for being inconsistent with the 1999 Constitution. The affected sections regulate membership registers of political parties and the procedure for the nomination of candidates for the 2027 general election. Justice Mohammed Umar had in a judgement delivered on May 20, voided the Revised Timetable and Schedule of Activities of INEC, for the 2027 general election by a Federal High Court in Abuja, on the grounds among others that the timeframe “imposed” by INEC on political parties to submit their membership register, conduct primaries, and same names of candidates for the 2027 general elections, “is inconsistent with the provisions of the Electoral Act, 2026”. Umar voided the time-table while delivering judgement in the suit marked: FHC/ABJ/CS/517/2016, and filed by the Youth Party. The plaintiff in the suit dated and filed on March 11, by its counsel, J. O. Olotu sought for several reliefs, including a declaration that upon a proper consideration and interpretation of the provisions of Sections 29, 82 and 84(1) of the Electoral Act, 2026, the powers of the INEC to receive notice of party primaries and the personal particulars of candidates, and its duty to attend, observe and monitor such primaries, does not extend to fixing or prescribing the timetable within which political parties may conduct their primary elections for the purpose of nominating candidates for the 2027 general elections. Dissatisfied, the electoral umpire approached the appellate court to set aside the verdict of the trial court. However, delivering judgement on Monday, Justice Adebukola Banjoko, who delivered the lead judgement read by Justice Okon Abang, faulted the trial court for invalidating the administrative discretion of INEC. “The law gives INEC powers to conduct elections in the country. There was no deposition or threat that the respondent was prevented from conducting its primaries,” he said, adding that the respondent could only invoke the powers of the court where there are heavy threats to its participation in the election. Justice Abang explained that where INEC acted within its power, the courts could not get involved. “The declarative reliefs granted by the trial court were wrongly granted and they are hereby set aside”, Abang declared. INEC in its appeal dated May 25, 2026, and filed by its counsel, Alex Izinyon, prayed the court to set aside the judgement, claiming that the trial court erred in law when it failed to pronounce on the jurisdictional issue of the suit being hypothetic and academic, and a denial of fair hearing to the appellant. The lawyer specifically stated that the lower court erred in law when it held: “It is clear from the wording of Sections 29(1), 82, and 84 of the Electoral Act, 2026, the following can be understood. Section 29(1) of the Electoral Act, 2026 mandated political parties to submit the names of candidates first in the prescribed forms of the candidates who emerged from its valid primaries, which such political party intended to sponsor at the elections, not later than 120 days before the date of the General election.

Politics, Public Affairs

US House Approves Bill to Halt All Aid to Nigeria Over Terrorism

The United States House of Representatives has approved an amendment seeking to withhold 100 per cent of the country’s assistance to Nigeria until the federal government takes effective steps to prevent and respond to terrorism and violence, significantly tightening an earlier proposal that sought to suspend only half of the aid. The amendment, sponsored by Representative Gregory Steube of Florida’s 17th Congressional District, was adopted by voice vote during consideration of the appropriations bill. It raises the aid withholding threshold from 50 per cent to 100 per cent while retaining the requirement that the US Secretary of State certify that Nigeria has taken “effective steps to prevent and respond to violence and hold perpetrators accountable.” Speaking on the House floor, Steube said the earlier proposal did not go far enough, alleging that the Nigerian federal government has failed to protect its citizens, especially Christians. “I rise in strong support for my amendment to increase the withholding threshold for assistance to Nigeria, from 50 per cent to 100 per cent, while keeping in place benchmarks that demand Nigeria take effective steps to address the violence and persecution that continue to devastate the country,” he said. Arguing that the Nigerian government had failed in its responsibility to protect its citizens, the lawmaker said: “Nigeria has faced a horrific wave of violence that its corrupt government has failed to address.” He added: “For years, and especially in recent months, Christians and other religious minorities in Nigeria have been subjected to violence and terrorism at the hands of extremists operating with impunity.” According to him, Christian women and girls continue to be abducted, assaulted, tortured, and killed, while their churches are burned, and entire communities are erased. Steube maintained that if lawmakers considered the conditions serious enough to justify withholding half of the assistance, they should also support suspending all funding. “If the aid conditions included in the bill are important enough to withhold half of all the funding to the Nigerian government, then they are important enough to withhold all of the funding,” he said. He also questioned the continued flow of American assistance to Nigeria, maintaining that the West African country has not justified such assistance. “The generosity of our taxpayers is a reflection of the American values we hold so firmly. Never should we allow their hard-earned tax dollars to be funneled to corrupt regimes that fail to uphold religious freedom, fail to adequately confront terrorism, and fail to protect the innocent from persecution.” He further argued that continued aid to Nigeria was difficult to justify in light of worsening insecurity and America’s fiscal challenges. “It is absurd to expend foreign aid to Nigeria in the face of rising insecurity, especially as America’s national debt approaches $40 trillion,” he maintained. The Florida lawmaker added that the amendment would ensure US assistance “is appropriately leveraged to defend, reflect, and uphold American values.” The measure strengthens an earlier House proposal introduced in April and comes amid increased scrutiny of Nigeria’s security situation in Washington. Although US President Donald Trump redesignated Nigeria as a Country of Particular Concern (CPC) in 2025 over allegations of religious persecution, both countries have continued to deepen military cooperation against terrorist groups operating in northern Nigeria. The amendment will still have to pass the remaining stages of the US legislative process before it can become law. If enacted, all US assistance to Nigeria would remain suspended until the Secretary of State certifies that the Nigerian government has met the prescribed security and accountability benchmarks.

Politics, Public Affairs

Nigeria Pushes Regional Alliance to Grow Africa’s Digital Economy

Nigeria has called on African countries to deepen collaboration to accelerate the growth of the continent’s digital economy. The call was made by the Permanent Secretary of the Ministry of Communications, Innovation and Digital Economy, Nadungu Gagare, during the 7th Special Session of the African Telecommunication Union (ATU) held on Wednesday in Abuja. Gagare was represented by a director in the ministry, Ahmed Alsukun. He said stronger regional cooperation is crucial to building a digital economy that is inclusive, innovative and capable of creating opportunities for Africa’s growing youth population. According to him, greater collaboration among African nations would improve connectivity, strengthen digital infrastructure, promote digital skills, enhance cybersecurity, safeguard data and unlock new economic opportunities across the continent. Gagare added that a more united Africa would have a stronger voice in global decision making and be better positioned to protect the continent’s interests. Also speaking, Chairperson of the ATU Administrative Council, Nonkqubela Jordan-Dyani, said African countries must adopt ICT driven strategies to build economic resilience. She noted that Digital Public Infrastructure (DPI), including digital identity and electronic payment systems, is essential for enabling secure transactions and seamless interactions across the region. Jordan-Dyani commended Nigeria’s efforts in digitising public institutions and encouraged other African nations to replicate the country’s progress. Earlier, ATU Secretary-General John Omo described the special session as a key part of preparations for the organisation’s conference. He stressed that the union’s proposals would only achieve their intended impact when they are adopted as legal instruments and fully implemented. Omo added that the progress made so far was the result of collective efforts and urged member states to work together to successfully conclude the process.

Public Affairs

Teacher Speaks on Why Rescued Oyo Pupils Wore Native Attire

A teacher who survived the mass abduction of pupils and school staff in Oriire Local Government Area of Oyo State has addressed claims circulating online that the incident was staged. Zachery Olatunde, who spent 56 days in captivity alongside 43 other victims, explained that the primary school pupils were wearing matching traditional outfits because they were kidnapped on a Friday the day schools in the area observe as traditional wear day. His response followed social media speculation suggesting that the children’s coordinated ankara clothing was evidence that the kidnapping had been orchestrated. Speaking in a video shared by Oyo Matters on Thursday, Olatunde dismissed the allegations as false and misleading. Speaking in Yoruba, he clarified that the pupils were simply wearing the same clothes they had on when armed men stormed their schools on Friday, May 15, and abducted them.