Stanbic IBTC Bank has successfully enhanced the financial well-being of 148 savers by distributing ₦23 million in the recent May and June draws of its Reward4Saving Season 4 promo. The second and third monthly draws, along with the inaugural quarterly draw of 2025, have had a positive impact on individuals across Nigeria. This initiative continues to transform everyday …
Read More »WAEC’s Result Checker Portal shutdown three days after WASSCE release
The West African Examinations Council (WAEC) has announced a temporary shutdown of its online result checker portal, waecdirect.org, due to technical difficulties causing concern among candidates awaiting their 2025 West African Senior School Certificate Examination (WASSCE) results. The announcement, made via WAEC’s official X handle (@waecnigeria) at approximately 6:44 PM …
Read More »Egbin Power, Ikeja Electric, dismiss receivership claims as false
Egbin Power Plc, Ikeja Electric Plc (IE) and First Independent Power Limited (FIPL) have refuted false media reports sourced from misleading advertorials published in This Day Newspapers on August 6, 2025, alleging the appointment of “Kunle Ogunba Esq. SAN” as Receiver/Manager over the entities. The management of the power companies …
Read More »Stanbic IBTC Capital named “Best Investment Bank in Nigeria 2025” at Global Banking and Finance Awards
Stanbic IBTC Capital, a subsidiary of Stanbic IBTC Holdings, has been awarded the prestigious title of “Best Investment Bank in Nigeria 2025” at the Global Banking and Finance Awards. This distinguished recognition underscores the institution’s dedication to delivering world-class investment banking solutions that foster sustainable growth and generate long-term value …
Read More »Now, Africa Trade Begins!’ Alawuba Says as UBA Launches PAPSS Transaction on LEO Chatbot
In a bold move that cements its position as a digital trailblazer on the continent, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has launched the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its AI-powered chatbot, LEO. With this milestone, UBA becomes the first financial …
Read More »The African Champions, D’Tigress Receive ₦200m Reward From Zenith Bank
Sponsors of the Women National Basketball League, Zenith Bank Plc, on Tuesday at a reception held at their Abuja head office in Maitama, rolled out the drums for the victorious D’Tigress of Nigeria after the team secured a record-breaking 5th back-to-back AfroBasket title. The bank rewarded the team with …
Read More »Ekiti State Residents Benefit from Fidelity Food Bank Programme
As part of its ongoing commitment to community development and the fight against hunger, leading financial institution, Fidelity Bank Plc has donated hundreds of food packs to residents of Ado-Ekiti, Ekiti State through its flagship Fidelity Food Bank program. The initiative is the bank’s nationwide food intervention aimed …
Read More »Banks sent pretty ladies to me for deposits, thugs to recover debt – Femi Otedola
Femi Otedola, billionaire businessman, has recounted the most turbulent period of his business career. In excerpts from his forthcoming memoir, Making It Big: Lessons from a Life in Business, to be published on August 18, 2025, Otedola revealed how Nigerian banks that once pursued him with charm quickly turned …
Read More »Lawyers sue EFCC, demand probe of NNPCL CFO, Adedapo Segun over ‘refinery fraud, OVH deal’
Adedapo Segun, the chief financial officer of the Nigerian National Petroleum Company Limited and the Economic and Financial Crimes Commission (EFCC) have been sued at the Federal High Court in Abuja over the failed refinery rehabilitation and OVH Energy deal. The plaintiffs who are lawyers accused Mr. Segun, former …
Read More »PORTS & CARGO CONTRACTS MICURA SERVICES FOR STEVEDORING
Ports & Cargo Handling Services Limited (PCHS), the port management subsidiary of SIFAX Group, has contracted Micura Services Limited to handle its stevedoring services at its terminal in Tin Can Island Port, Lagos. This agreement is part of the company’s broader restructuring effort to enhance efficiency in its port operations …
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