Business

Greenville LNG Company Limited, a Liquefied Natural Gas production and distribution company in Nigeria is on the brink of another lawsuit in its supply dealings with Nigerian-based manufacturing giant, BUA Group. This development comes two years after the company was slammed with a $9m claim for breaching contract by a …

Faster rises in output and new orders Inflationary pressures remain elevated Business confidence at survey-record low Business conditions continued to improve markedly in the Nigerian private sector during November amid improving demand and higher customer numbers. In turn, firms expanded their purchasing activity and employment. That said, business confidence dropped …

Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in …

Wema Bank, one of Nigeria’s most innovative banks, emerged the overall winner in the just concluded 2022 edition of the Nigeria Bankers Games with a record-breaking 22 medals. At the end of the games, reputed as the most prestigious sporting competition in the Nigerian banking industry, the bank stood at …

Sterling Bank Plc, Nigeria’s leading commercial bank, has partnered with Nigeria Jubilee Fellows Programme (NJFP) to sponsor 1,000 fellows during this year’s training programme. Managing Director and Chief Executive Officer (MD/CEO) of Sterling Bank Plc, Mr. Abubakar Suleiman said, at the launch of the programme in Lagos, that the bank …

A 40-Year old Account Officer with Heritage Bank Plc, Omosanyin Eniola, will be spending the next seven years in prison custody having been convicted on a case of N21.8 million bank fraud by a competent court. It was reported that Chief Magistrate Linda Yetunde Balogun, of a Lagos Chief Magistrate’s …

The memory of Professor Oyewusi Ibidapo-Obe, a former Vice Chancellor of the University of Lagos, came alive as Zenith Bank Plc named the iconic building housing its Unilag Branch and the University of Lagos (Unilag) Alumni in his honour on Friday, November 25, 2022. In his opening remarks at the …

Transcorp Hilton Abuja is Africa’s Best Luxury Business Hotel Transcorp Hilton Abuja has been named the Best Luxury Business Hotel at the 2022 Seven Stars Luxury & Lifestyle Awards. The hotel, which is the flagship property of leading hospitality brand Transcorp Hotels Plc, had earlier won the award in 2016, …

After several months of legal tussle between Zenith Bank Plc v Real Integrated & Hospitality Limited and State Universal Basic Education Board (SUBEB) Gombe State, a three-man panel in the Court of Appeal sitting in Lagos led by Justice Muhammed Sirajo in Appeal No:CA/LAG/CV/262/2022 – have unanimously upturned the Lagos …

It was celebration time on Thursday in Port Harcourt, Rivers State as a Mechanical Engineer, Ola Owonifari Joseph, emerged the latest house winner in the ongoing Glo Festival of Joy promo. The key to a three-bedroom apartment was presented to 49-year-old Joseph by the Speaker of Rivers State House of …