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 …
Read More »Nestlé Pure Life Reinforces Brand Commitment to Sustainability with Clear Cap Implementation
Nestlé Nigeria has introduced new clear caps across its Pure Life bottled water range to boost recyclability. The clear caps, first introduced with the launch of the 33cl Nestlé Pure Life bottles, now feature on all bottle sizes, excluding Nestlé Pure Life Protect. By eliminating the traditional blue color pigmentation, …
Read More »POLICE WELFARE: IGP DECORATES PROMOTED NATIONAL AWARD RECIPIENTS
– As Police Service Commission Conveys Approval The Nigeria Police Force is set to take a bold and historic step in the direction of motivation, meritocracy, and morale-boosting as the Inspector-General of Police, IGP Kayode Adeolu Egbetokun, Ph.D., NPM, prepares to decorate select officers recently approved for promotion by the …
Read More »Stanbic IBTC Bank Nigeria PMI: Employment growth at 21-month high amid sharp expansion of new orders
The start of the third quarter saw a pick-up in growth momentum in the Nigerian private sector. Rates of expansion in output and new orders accelerated, leading to a sharp rise in purchasing activity and the fastest increase in employment since October 2023. Firms were helped to some degree in …
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