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Fatgbems Group Commissions Ultra-Modern Mega Station in Opic, Expands Footprint in Nigeria’s Energy Retail Sector

 

Fatgbems Group has commissioned its state-of-the-art Opic Mega Station, marking a major milestone in the company’s expansion drive and reaffirming its commitment to delivering premium energy solutions and customer-focused services across Nigeria.

The commissioning ceremony, held at the new outlet in the fast-growing Opic corridor, attracted top government officials, traditional leaders, industry stakeholders, business partners, the company’ board members, staff and community members who gathered to witness the unveiling of one of the region’s most modern fuellng and service hubs.

The Opic Mega Station is designed to provide more than fuel. The facility features multiple fueling bays for faster service, a well-stocked convenience store, modern restrooms, and customer-friendly amenities, all within a spacious and safety-conscious forecourt built to accommodate high traffic volumes.

Speaking at the event, the Managing Director of Fatgbems Group, Dr. Kabir Gbemisola described the new station as a symbol of the company’s long-term vision and commitment to operational excellence.

“Today’s commissioning is not just about opening a new station; it is about deepening our promise to deliver quality, reliability, and an exceptional customer experience. The Opic Mega Station reflects our confidence in Nigeria’s growth and our determination to continue investing in infrastructure that supports mobility, commerce, and community development,” the Managing Director said.

Representing the Ogun State Government, the Deputy Governor of Ogun State, Mrs Noimot Salako-Oyedele commended Fatgbems Group for contributing to the state’s economic growth through private sector investment.

“We are proud to see indigenous companies like Fatgbems Group expanding and creating employment opportunities for our people. This investment aligns with Ogun State’s vision of becoming a leading industrial and commercial hub, and we encourage more responsible businesses to take advantage of the enabling environment we are building,” the Deputy Governor stated.

In his goodwill message, the Alake of Egba land, His Royal Majesty, Oba Dr. Micheal Aremu Adedotun Gbadebo 111, lauded the company for bringing modern infrastructure and development closer to communities within the axis.

“This project is a welcome development for our people. Beyond providing essential services, it stimulates economic activities and creates jobs for our youths. We appreciate Fatgbems Group for choosing to invest in our land and for being a responsible corporate organization,” the revered monarch said.

The project is expected to positively impact the surrounding community through direct and indirect job creation, increased commercial activity, and improved access to quality fueling services.

Fatgbems Group also reiterated its commitment to the highest safety and environmental standards, noting that the station is equipped with modern safety systems and operated by well-trained personnel to ensure seamless and secure service delivery.

Other guests at the event commended the company for its continued investment in infrastructure and for bringing a world-class fueling experience closer to residents, businesses, and commuters along the Lagos–Ibadan corridor.

With the launch of the Opic Mega Station, Fatgbems Group continues to strengthen its presence in Nigeria’s downstream sector while setting new benchmarks for service excellence, convenience, and reliability in the oil and gas sector.

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Entertainment

JUST IN: Nollywood Thrown Into Mourning As Actor Alexx Ekubo Dies At 40

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May 12, 2026

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Actor Alexx Ekubo Dies At 40

JUST IN: Nollywood Thrown Into Mourning As Actor Alexx Ekubo Dies At 40—-Popular Nollywood actor Alexx Ekubo has reportedly passed away at the age of 40 after a prolonged battle with cancer.

Reports which emerged on Tuesday evening stated that the award-winning movie star had been privately battling the illness for some time before his death, throwing the Nigerian entertainment industry into deep mourning.

News of his passing has since triggered an outpouring of grief across social media, with fans, colleagues, and celebrities paying tribute to the actor known for his charisma, elegance, and versatility on screen.

For months, concerns had grown among fans over Ekubo’s absence from public appearances and social media activity. His last major online post dated back to late 2024, fueling speculation about his health and wellbeing.

Born Alex Ekubo-Okwaraeke, the actor studied Law at the University of Calabar and also earned a diploma in Mass Communication. He first gained national attention after emerging as the first runner-up in the 2010 Mr Nigeria competition — a breakthrough that opened the doors to a successful acting career in Nollywood.

Ekubo quickly became one of the industry’s most recognisable faces, admired for his ability to interpret a wide range of roles. His performance in the 2012 movie In the Cupboard earned him the Best Actor in a Supporting Role award at the Best of Nollywood Awards.

Beyond acting, his personal life often attracted public interest, especially his relationship with American-based model Fancy Acholonu. The pair became one of Nollywood’s most talked-about celebrity couples after announcing their engagement in 2021.

However, their planned wedding — famously tagged #FalexxForever — was abruptly cancelled just months before the ceremony, sparking widespread reactions online. In the years that followed, both parties made headlines over comments regarding their relationship and eventual separation.

As tributes continue to pour in, colleagues in the movie industry have described Ekubo as a warm-hearted individual whose talent and energy left a lasting impact on African cinema.

His death marks a painful loss for Nollywood and the many fans who admired him throughout his career.

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Business

UBA, GTCO Lose ₦2.13 billion To Fraudsters Despite Heavy Cybersecurity Investments

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13 hours ago

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May 12, 2026

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UBA, GTCO Lose ₦2.13 billion To Fraudsters

UBA, GTCO Lose ₦2.13 billion To Fraudsters Despite Heavy Cybersecurity Investments—-Three of Nigeria’s largest financial institutions have reported combined fraud-related losses of approximately ₦2.13 billion in their latest audited financial statements, highlighting the growing threat of cybercrime and electronic banking fraud in the country’s financial sector.

The affected institutions include Access Holdings Plc, Guaranty Trust Holding Company Plc, and United Bank for Africa Plc.

According to details contained in the banks’ 2025 financial reports, fraud incidents linked to the three lenders totalled approximately ₦10.29 billion. However, through recoveries, transaction reversals, and security interventions, the banks were able to prevent or recover about ₦8.16 billion, leaving actual losses at approximately ₦2.13 billion.

Among the banks, Access Holdings recorded the highest direct loss to fraudsters, losing an estimated ₦1.24 billion within the financial year.

United Bank for Africa reported over 26,400 fraud-related incidents, with actual losses totalling approximately ₦621.57 million, while Guaranty Trust Holding Company recorded approximately ₦269.44 million in losses tied to fraudulent activities.

Industry analysts say the figures reflect the increasing sophistication of cybercriminals targeting Nigeria’s rapidly expanding digital banking ecosystem.

Most of the fraud cases were reportedly connected to electronic banking channels, including unauthorised transfers, mobile banking compromise, phishing schemes, identity theft, and other forms of digital payment fraud.

The development comes as Nigerian banks continue to accelerate the country’s transition toward a cashless economy through mobile banking platforms, internet banking services, agency banking networks, and digital payment systems.

Despite the losses, the financial institutions significantly increased investments in technology infrastructure and cybersecurity measures during the year under review.

Collectively, the banks reportedly spent over ₦280 billion on technology upgrades, fraud monitoring systems, customer authentication processes, and transaction security enhancements aimed at reducing cyber threats and protecting customer funds.

Meanwhile, the Central Bank of Nigeria has also intensified regulatory efforts to curb financial fraud across the banking industry.

The apex bank recently introduced stricter compliance measures requiring financial institutions to strengthen fraud detection systems, improve transaction monitoring, and respond more rapidly to suspicious activities and customer complaints.

Financial experts have warned that as digital banking adoption continues to rise across Nigeria, banks and customers alike must remain vigilant against increasingly advanced cybercrime tactics targeting the financial sector

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