Business

…Sets the stage for a future of more possibilities Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on …

An Ikeja Special Offences Court on Wednesday sentenced a man, Abubakar Sani, to one year imprisonment for defrauding Lotus bank of N16.7 million. Justice Olubusola Okunuga convicted Sani following his guilty plea to an amended one-count charge of being in possession of an item reasonably suspected to have been stolen. …

FCMB Group Plc held its 12th Annual General Meeting (AGM) in Lagos on April 29, 2025, where shareholders approved the Group’s 2024 audited financial statements and key resolutions aimed at driving long-term growth and strengthening corporate governance. The Group ended the 2024 financial year with total assets of ₦7.1 trillion …

Guinness Nigeria Plc, the country’s foremost total beverage alcohol company, is commemorating 75 bold and impactful years – a celebration of heritage, innovation, and deep-rooted connection to the Nigerian people. Established in 1950 and opening its first brewery in Lagos in 1962 – the very first Guinness brewery outside Ireland …

Emirates and Nigerian Ministry of Art Culture Tourism and the Creative Economy have signed a Memorandum of Understanding (MoU) at the 2025 Arabian Travel Market, to boost international visitors to Nigeria. The partnership underscores the airline’s commitment to the market through attracting visitors from across its global network of more …

Shareholders of Zenith Bank Plc, at the 34th Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, on Tuesday, April 29, 2025, approved the proposed final dividend payment of NGN4.00 per share, bringing the total dividend for the 2024 financial year to NGN5.00 per share, with a …

The chairman of Dangote Sugar Refinery Plc, Aliko Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting …

After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses waiting to take them …

Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. Speaking at the bank’s 37th Annual General Meeting (AGM) held virtually on Tuesday, April 29, 2025, the National Chairman of The Progressive Shareholders Association, Chief Boniface …

The stage is set for Africa’s most anticipated celebration of food, drink, and culture as Guaranty Trust Holding Company Plc (GTCO) announces the 8th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 2nd to Sunday, May 4th, 2025, at GTCentre, Plot 1 Water Corporation …