Business

With over 4.6 trillion naira loans to customers in Q3 2023, FirstBank is committed to economic growth and transformation. At the dawn of the new year, it is natural for the Nigerian banking sector operators to anticipate dynamic shifts in regulations, increased digital innovations, and a focused approach toward sustainable …

…Says EFCC only visited and not raided head office   Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC) saying it was ready to assist the Commission in its …

 Dangote Petroleum Refinery, on Thursday, received the fifth crude oil shipment of one million barrels of Bonny Light supplied by the Nigerian National Petroleum Corporation Limited (NNPCL), on Thursday. The company is already preparing to welcome the 6th one million crude oil cargo to the refinery, by next week. This latest …

 BUA Chairman, Abdul Samad Rabiu Operatives of the Economic and Financial Crimes Commission, EFCC, have besieged the BUA Group head office located at PC 32, Churchgate Street, Victoria Island, Lagos State. This newspaper gathered that the search by the anti-graft operatives in BUA office is still ongoing as of the time …

* With over 4.6 trillion-naira loans to customers in Q3 2023, FirstBank is committed to economic growth and transformation.  At the dawn of the new year, it is natural for the Nigerian banking sector operators to anticipate dynamic shifts in regulations, increased digital innovations, and a focused approach toward sustainable growth …

The Nigerian National Petroleum Company Limited, on Wednesday, declared that there was no plan to increase the pump price of Premium Motor Spirit, popularly called petrol. NNPCL’s Chief Corporate Communications Officer, Olufemi Soneye, said in a statement that Nigerians should disregard rumours of a possible hike in petrol price. The …

First Bank of Nigeria, a pioneer in innovative banking solutions, has taken the lead in addressing concerns about the deployment of humanoid robots in three of its branches. The move comes in response to recent reports emphasizing the installation of a robot representative to assist customers in the bank’s branches. In …

Stanbic IBTC Pension Managers, once again, successfully hosted the highly anticipated grand finale of the FUZE Talent Show on 23 December 2023; where 12 outstanding individuals were rewarded with a total prize money of N32 million, in an exhilarating showcase of talent and creativity. The top three in each category – …

The Nigerian private sector returned to growth in December, with renewed increases in both output and new orders recorded amid some signs of recovery in demand. This was despite continued intense inflationary pressure, with purchase costs and selling prices each rising at sharper rates than in November. Meanwhile, business confidence …

The Nigerian Electricity Regulatory Commission (NERC) says it has not issued any directive on the increase of electricity tariff from January 1, 2023. Media reports had claimed that the commission finalised plans to increase the electricity tariff. The reports also noted that electricity distribution companies (DisCos) would soon inform customers …