Business

Stanbic IBTC Capital, the investment banking subsidiary of Stanbic IBTC Holdings PLC, won four awards at the recently concluded EMEA Finance African Banking Awards 2022. For the 8th consecutive year, Stanbic IBTC Capital was named Best Investment Bank in Nigeria. Stanbic IBTC Capital also won awards for Best Debt House, …

This year’s edition of the Access Bank Lagos City Marathon is set to witness over 60,000 runners on the Lagos roads to compete for honours in the Elite Label race, as the status of the Lagos City Marathon rises. Speaking on the annual event, the General Manager Nilayo Sports Management …

Emefiele, CBN governor The Central Bank of Nigeria (CBN) has said it will come up with a regulatory policy framework for the implementation of cryptocurrencies. The CBN which had earlier banned crypto-related transactions in the banking system, disclosed this in a report on ‘Nigeria payments system vision 2025’. It said, …

By Farouk Mohammed The 2022 edition of “#DecemberIssaVybe” by FirstBank, Nigeria’s premier financial institution, has stood the test of time as it yet again created exciting opportunities for individuals and families to come together to celebrate the end of the year. The listed events promoted by the Bank birthed memories …

…Says peace crucial to ensure rapid progress By Tony Agbugba The Catholic Archbishop of Lagos, Most Rev. Alfred Adewale Martins has urged all Nigerians to seek divine guidance in the quest for peace in 2023, to ensure that the New Year is free from chaos and anarchy. According to the …

  Customer demand improved again in the Nigerian private sector at the end of 2022, supporting further rapid increases in both new orders and business activity. In turn, firms took on additional staff, albeit only slightly. Meanwhile, currency weakness continued to exacerbate cost pressures, subsequently feeding through to the second-fastest …

  LAGOS, NIGERIA – 30th December 2022 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) announces retirement of its Managing Director/CEO. · Managing Director/CEO Ademola Adebise to retire from Wema Bank Plc; with effect from March 31, 2023. · Moruf Oseni, current Deputy Managing Director appointed as …

  As part of its Corporate Social Responsibility (CSR) programmes, Dangote Petroleum Refinery and Dangote Fertiliser Limited have awarded scholarships to 460 students of secondary schools and tertiary institutions from its host communities in Ibeju Lekki, Lagos State. The company said the scholarship had become an annual event meant to …

The Lagos State Government has shut down a popular nightclub in the Victoria Island area of the state for noise pollution amid the Christmas and New Year festivities. Quilox, a club owned by a House of Representatives member, Shina Peller, was shut down on Saturday after hosting a 36-hour non-stop …

  Some civic groups, Foundation for Environmental Rights, Advocacy and Development (FENRAD, Social Development Integrated Centre (Social Action) and Abia State NDDC Advocacy groups have sued the Niger Delta Development Commission (NDDC) for failing to make available its 2020 budget in compliance with the provisions of the Freedom of Information …