BY BLAISE UDUNZE  In Nigeria’s banking industry, profit has become more a press release than a performance. Every results season, the same storyline plays out with record profits, rising assets, and promises of “strong fundamentals.” Yet, beneath the eye-catching headlines lies a quiet deception of a pattern of accounting charades …

Telecommunications leader Globacom has announced the introduction of revised data bundles to offer customers significantly more data volume at no additional cost. The enhancement reflects the company’s commitment to delivering superior value, affordability, and customer satisfaction. The upgraded Glo Data Bundles are improved versions of the existing daily, weekly, and …

Mr. Soji Maurice-Diya, Chief Executive Officer of NatCom Development & Investment Limited (trading as ntel), says the company remains bullish about its market comeback in Q1 2026, unveiling a renewed strategy to fill what he describes as “innovation gaps” in Nigeria’s telecoms ecosystem. Speaking during the Technology Times Thought Leadership …

  A former President of the Nigerian Football Federation (NFF), Amaju Pinnick, has rejected allegations of financial mismanagement surrounding the FIFA Goal Project in Kebbi State, calling the controversy a misunderstanding. The clarification comes amid public concern over a photo shared by FIFA on social media showing the Kebbi Stadium …

President Bola Ahmed Tinubu, GCFR, has executed the relevant instruments of release to complete the process of formally exercising his constitutional power of prerogative of mercy to grant pardon and clemency to specific individuals who were earlier convicted for various offences. Following consultations with the Council of State and public …

In a desperate move to recover a whooping sum of N1,133,808,604.31, fraudulently removed by some customers, Lotus Bank has dragged 45 banks in Nigeria before a Federal High Court Lagos. Lotus bank, in its motion on notice filed before the Court confirmed that the money was removed on July 20, …

Justice S.C. Oriji of the Federal Capital Territory (FCT) High Court, Maitama, has adjourned till December 9, 2025, the adoption of written addresses by the prosecution and defence counsel in the trial within trial of former Minister of Aviation, Hadi Abubakar Sirika. Sirika is being prosecuted alongside his daughter, Fatima …

The Economic and Financial Crimes Commission (EFCC) has arraigned a Lagos-based businessman, Ajayi Olushola, along with his companies, Hola-Jayu Nigeria Limited and Mozann Global Merchants Limited, over an alleged N1.07 billion fraud involving the supply of Automotive Gas Oil (AGO). Mr Olushola and his firm appeared on Tuesday before the …

Stanbic IBTC Bank reaffirmed its dedication to Nigeria’s agricultural sector at the Lagos Farm Fair 2025, held on 16 October 2025 in Ikeja, Lagos. Organised by the British American Tobacco Nigeria Foundation, in collaboration with the Lagos State Ministry of Agriculture and Food Systems, the event coincided with World Food …

Nestlé Nigeria PLC has announced strong financial results in its 9-Month report, driven by high growth.  Key highlights for January to September 2025 Results : Revenue Growth: Nestlé Nigeria PLC saw a robust 33% increase in revenue, totaling N884.5 billion compared to 9M of 2024. Operating Profit: The operating profit grew to …