Business

The Nigerian Airspace Management Agency (NAMA) said the fleet of Arik Air has been grounded over the enforcement of the court judgment of $2.5m owed by the airline to Atlas Petroleum International Ltd. NAMA in a statement on Tuesday said the judgment was enforced by the enforcement department of the …

  Zenith Bank Plc is set to raise N290 billion through a combination of a Rights Issue and a Public Offer in compliance with the revised minimum capital requirements for Nigerian commercial banks introduced by the Central Bank of Nigeria (CBN). This announcement was made during the Zenith Bank Rights …

In another round of Stanbic IBTC Reward4Saving 3.0 promo draws, 70 customers have been rewarded with cash prizes of ₦100,000 each. 10 winners were selected from seven zones during the 10th monthly draw held at the Bank’s head office in Victoria Island, Lagos.   The ongoing Reward4Saving Promo has so …

Stanbic IBTC, a member of Standard Bank Group, marked a significant milestone in its pledge to foster Nigeria’s academic talent through its annual University Scholarship Programme. In a vibrant hybrid award ceremony held on Friday, 26 July 2024, the organization celebrated the achievements of 200 young scholars who have demonstrated …

By: Philip Odiakose In governance, understanding public sentiment and effectively responding to emerging issues are important metrics that determine the success of public administration. The modern media landscape, characterized by the rapid dissemination of information across newspapers, websites, and social media, poses both opportunities and challenges for government officials. This dynamic …

In a landmark decision, Justice Chukwujekwu Aneke of the Federal High Court in Lagos has mandated Union Bank of Nigeria to immediately remit N811,174,229.25 to the Chief Registrar of the court. This amount represents the principal claim by Shago Payments Limited, a fintech company, against the bank over allegations of …

Access Bank has been honoured at the Euromoney Awards for Excellence 2024, being named Nigeria’s Best Bank and Ghana’s Best Bank for ESG. These accolades highlight the Bank’s outstanding performance and commitment to sustainable practices across its operations in Africa. For over two decades, Access Bank has consistently demonstrated its …

There is tremendous excitement in the air as the first female Managing Director and Chief Executive Officer of Fidelity Bank Plc, Dr. Nneka Onyeali-Ikpe clocked 60 years on Sunday July 28, given her outstanding performance in the nation’s financial services sector that had earned her respect amongst banks’ top CEOs. …

…Warn IOCs against economic sabotage …Urge FG to end fuel, diesel importation The Host Communities of Nigeria Producing Oil and Gas (HOSTCOM), over the weekend, threatened to renew agitation for greater autonomy and control of their natural resources, if the Nigerian National Petroleum Corporation (NNPC) and the International Oil Companies …

As the 2024 Olympic Games kicks off in Paris, France, Nigerians travelling for the event have been offered unmatched data roaming packs from total telecommunications solutions provider, Globacom.   The company disclosed in a press statement that the data roaming packs will ensure that visiting Glo subscribers can capture incredible photo and …