Business

  Reports N91.2bn Profit Before Tax As Revenue Grows By 38% Delta, Nigeria: 13 October 2025 Transcorp Power Plc (“Transcorp Power” or the “Company”), (NGX: TRANSPOWER), one of the power subsidiaries of Nigeria’s leading listed conglomerate, Transnational Corporation Plc (“Transcorp Group”), has announced its unaudited Q3 financial results for the …

    Stanbic IBTC Holdings PLC (“Stanbic IBTC”) proudly supported UAC of Nigeria PLC (“UAC”) in its landmark acquisition of CHI Limited (“CHI”), delivering end-to-end financial support towards its successful completion. Stanbic IBTC, in its capacity as Mandated Lead Arranger and Global Coordinator, partnered closely with UAC to structure a …

  SIFAX Group has once again demonstrated its strong commitment to service excellence and customer satisfaction as it joined organisations across the world to celebrate the 2025 Customer Service Week themed “Mission: Possible.” The weeklong celebration, which took place across all SIFAX subsidiaries, was designed to appreciate both internal and …

  Zenith Bank Plc, on Friday, October 10, 2025, made good on its promise as it paid a total interim dividend of N51.3 billion to its shareholders for the Half Year (H1) 2025, at N1.25 per share. This significant payout represents over 60% increase from the N31.4 billion paid in …

  Fidelity Bank’s market leadership has been affirmed once again as the tier-one lender bagged double honours at the BusinessDay Bank and Other Financial Institutions’(BAFI) Awards 2025.   At the awards ceremony, which was held at the Lagos Continental Hotel, Victoria Island, Lagos on Saturday, 11 October 2025, Fidelity Bank …

The Managing Director/Chief Executive Officer of Unity Bank Plc, Mr. Ebenezer Kolawole, has said that a service culture built on responsiveness and innovation will differentiate the impact that customer service can make in any organisation. Making the remarks at the flag off of the Customer Service Week 2025 in Unity …

  The management of Dangote Petroleum Refinery has vehemently denied reports that it is importing dirty and high-sulfur finished petrol (PMS) into Nigeria, describing the reports as false, malicious, and misleading. The Management, in a statement, revealed that it processes a range of crude oils and intermediate feedstocks, which is …

Stanbic IBTC Bank has taken a significant step in empowering stakeholders by hosting a strategic client forum focused on Nigeria’s economic trajectory. The event, themed “Beyond the Numbers: Unpacking Nigeria’s Economic Trajectory – 2025 and Beyond,” brought together key stakeholders to discuss the country’s economic future and the role of …

  Tier one Lender, Fidelity Bank Plc, has announced its readiness to begin the disbursement of funds under the National Credit Guarantee Company (NCGC) N5 billion Credit Intervention Scheme. The initiative is designed to expand access to finance for Micro, Small and Medium Enterprises (MSMEs), as well as businesses owned …

  By Abiodun Alade Nigeria, it has often been said, is a land where paradox has become a way of life. Here is a nation that pumps millions of barrels of crude oil from its bowels each day yet has spent decades importing the fuel that drives its battered Danfos, …