Business

… Raises Investment in Ethiopia to $4 Billion President of the Dangote Group, Aliko Dangote, has reaffirmed his commitment to boosting food security across Africa through large-scale fertiliser investments, declaring that the continent has the capacity to feed itself and become a net exporter of agricultural products. Dangote made this …

Designed for Nigeria’s affluent segment, Visa Signature unlocks world-class benefits through Visa’s global network across travel, lifestyle, and premium merchant offers. First Bank of Nigeria Limited, in partnership with Visa, has announced the launch of Visa Signature, a premium card offering designed for Nigeria’s affluent segment. The card unlocks an …

  Heirs Holdings Founder tells Presidents Ruto and Macron that Africa wants partners of substance, based on equality, and that power and infrastructure must come first. At the 2026 Africa Forward Summit, convened by Kenyan President H.E. William Ruto and French President H.E. Emmanuel Macron, Heirs Holdings Founder and Group …

  General Comments Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the defunct Gulf Bank Plc. We unequivocally reject these claims, which are inaccurate, malicious, and clearly intended to distort …

  Mrs. Amaka Onwughalu, Chairman of the Board of Directors of Fidelity Bank Plc, has emerged winner in the “Women on Bank Boards” category at the Africa Women in Banking and Finance Conference and Awards (AWBFA 2026). The event, themed “Redefining Women’s Leadership in African Finance”, held at the Lagos …

The 26th edition of the Milo Basketball Championship officially began with the successful conclusion of the Savannah Conference regional finals at the Sanni Abacha Indoor Sports Hall in Kano.   The opening address was delivered by Mrs. Opeyemi Jaiyeola, Category Development Manager, on behalf of Mr. Gilbert Tweneboah, Category Manager. …

This is to notify Nigerian Exchange Limited (“NGX”) and the investing public that First Bank of Nigeria Limited, a subsidiary of First HoldCo Plc (the Company), has appointed Dr. Julius B. Omodayo-Owotuga (Dr. JB) as an Executive Director, effective 13 May 2026, further strengthening the Bank’s leadership capacity across strategic finance, governance, risk management, and institutional transformation. Dr. Julius B. Omodayo-Owotuga brings twenty-four (24) years of experience …

Picture this: it is payday, and you need to transfer money to a loved one or pay a utility bill. In the past, that meant rushing to the bank, standing in long queues, and hoping you’d finish before closing time. For many Nigerians, this was the reality: time-consuming, stressful, and …

  Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments. The Group recorded …

SIFAX Group has congratulated Mr. Oluyinka Onigbinde on his election as the new President of the Maritime Reporters Association of Nigeria (MARAN), describing his emergence as a reflection of his professionalism and dedication to maritime journalism.   The congratulatory message was conveyed in a formal letter signed by Dr. Taiwo …