Business

Justice Akintayo Aluko of the Federal High Court, Lagos, has adjourned further hearing in the receivership suit filed by Kepco Energy Resources Nigeria Limited and others against Ecobank Nigeria Limited and nine other banks till 27 January 2026. The adjournment followed notice of an appeal filed by the parties over …

MAGGI, Nigeria’s leading seasoning brand from Nestlé, has announced the successful completion of its Regenerative Agriculture (RegenAg) pilot for local soybean sourcing, a milestone that has inspired a broader program now supporting 25,000 smallholder farmers across Nigeria. Launched in 2023 with an investment of over ₦100 million, the pilot supported …

The Stanbic IBTC FUZE Talent Show 2025, themed “The Ultimate Show”, has announced the appointment of Amy Aghomi as its new fashion judge, bringing fresh expertise and perspective to the panel. Amy is celebrated for her bold, original vision and her dedication to elevating African fashion. Her brand is known …

BY BLAISE UDUNZE For over a decade, the Nigerian government and its financial institutions have launched a flurry of intervention funds, all with the promise to empower industries, revive the manufacturing sector, and lift millions of micro, small, and medium enterprises (MSMEs) out of financial drought. From agriculture to aviation, …

First City Monument Bank (FCMB) has been named one of the Participating Financial Institutions (PFIs) for the newly remodelled Community Contractors Finance Scheme, a ₦15 billion initiative by the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with the Bank of Industry (BoI). The scheme aims to close the …

  SIFAX Shipping Inland Container Terminal (ICT) Limited, a subsidiary of SIFAX Group, has celebrated its fifth anniversary, marking five years of transformation, innovation, and customer-focused excellence. At an event held at the company’s Lagos terminal, management, staff, and partners reflected on the journey that began in 2020 when the …

No fewer than 578 young entrepreneurs across Nigeria have benefitted from Unity Bank’s Corpreneurship Challenge — the Bank’s flagship entrepreneurial development initiative launched a few years ago. Over this period, the Bank has invested in supporting budding entrepreneurs across multiple sectors to start businesses, create jobs, and contribute to Nigeria’s …

  In a strategic move to advance Nigeria’s shift toward sustainable transportation, Stanbic IBTC Bank has announced a partnership with LOXEA Nigeria, the exclusive distributor of BYD electric and hybrid vehicles in Nigeria and a subsidiary of CFAO Mobility. This collaboration is aimed at making eco-friendly mobility more accessible to …

Africa’s leading industrialist, Aliko Dangote has made a passionate plea to the Federal Government to urgently legislate and implement the proposed “Nigeria First” Policy, describing it as a critical lever for revitalizing the nation’s manufacturing sector. The legislation, according to him, holds the keys to accelerating the nation’s economic growth …

Stanbic IBTC Holdings has completed the renovation and upgrade of Chwelnyap Primary School in Plateau State under its Adopt-A-School initiative, reaffirming its unwavering commitment to advancing educational excellence across Nigeria. The extensive renovation and infrastructure enhancement project underscores the institution’s belief in the transformative power of education as a key …