The Asset Management Corporation of Nigeria (AMCON) has said it is determined to recover N227 billion debt from Arik Air. The Head, Corporate Communications of AMCON, Mr Jude Nwauzor, made this known during an interactive session with aviation correspondents on Friday in Lagos. According to him, AMCON’s plan to liquidate …

Another draw for more winners in the ongoing Glo Festival of Joy promo has been held in Abuja. This is in continuation of Globacom’s yearly plan to excite and reward its subscribers across the country. The draw, held on Friday at the Gloworld, Aminu Kano Crescent, Wuse, was grace by …

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, …

…Set to reward 131 Nigerians in first monthly draw of 2025* Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, is set to reward 131 customers across Nigeria with N11,000,000 in cash prizes, in its first 5 for 5 Promo Season 4 monthly draw …

Creativity, innovation, and culture will take centre stage as the Osun State SDG Creatives Conference 2025 kicks off from 28th to 30th January at the SDG Skill Acquisition Centre in Iragbiji, Osun State Themed “Innovate, Create, and Transform: Unlocking the Creative Economy for Sustainable Development,” the event aims to highlight …

… for competitive pump price Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The bulk-purchase agreement, the petroleum marketers reasoned, offers a guaranteed price stability as against purchase from …

As part of efforts to mitigate food scarcity, drought and to equally reverse struggles to cope with climate crisis and global economic downturn, local and international experts have expressed readiness to work out modalities on how to bring new lease of life to Nigerians and by extension, Africans.   These experts …

Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not …

Sterling Bank, a Nigerian tier-two commercial bank with a ₦174.76 billion market capitalization, has implemented a salary increase for its 3,000+ employees to mitigate the impact of increased living costs and inflation. This approximately 7% adjustment was internally communicated via memo in early January 2025.  This decision aligns with a …

When the news of Mudashiru Obasa’s impeachment as Speaker of the Lagos State House of Assembly broke, it sent shockwaves through the political landscape. Many dismissed it as hearsay or political gossip. For years, Obasa had cultivated a reputation of invincibility, commanding respect and fear alike. Even former Lagos State …