Business

  Reaffirms Support for Women Entrepreneurs Tier One Lender, Fidelity Bank Plc, has commenced the disbursement of the Federal Government of Nigeria’s (FGN) MSME Intervention Funds, administered by the Bank of Industry (BOI), to qualified SMES with a strategic focus on empowering women-owned businesses across the country.   The FGN …

P+ Measurement Services, Nigeria’s foremost independent media intelligence and PR measurement agency, will host the 30th edition of EvaluatePR on Friday, September 26, 2025, from 12:00 p.m. to 1:30 p.m. (WAT) on Google Meet. This edition, themed “Reputation, Reality, and the Risk of Automation,” will examine how the rapid rise of automation and AI in media and …

  Dangote Petroleum Refinery has dismissed recent allegations made by the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), insisting that claims of anti-labour practices, monopolistic behaviour, and planned fuel price hikes are “entirely unfounded”. The union’s statement, released on 5 September, and subsequent media appearances, alleged that Dangote …

…Vows to transform Africa by making it self-sufficient in cement, clinker Shareholders of Dangote Cement Plc have received over N3.3 billion in dividends over the last 15 years. Aside from this impressive dividend payout, the shareholders have also significantly benefited from the capital appreciation of the cement stock. The benefits …

… As PTD Passes Vote of No Confidence on NUPENG Leaders The Association of Distributors and Transporters of Petroleum Products (ADITOP) has accused the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) of extortion and excessive levies collection within the downstream sector. This accusation came on the heels of …

  Tier-one lender Fidelity Bank Plc will host a high-profile panel session titled “Digital Railroads: Powering U.S.–Africa Commerce Through Fintech” at the upcoming Fidelity Nigeria International Trade and Creative Connect (FNITCC) in Atlanta, USA.   The session, scheduled for Friday, 19 September 2025, will explore how fintech is reshaping cross-border …

Ecobank Nigeria has initiated a bondholder consent solicitation following a downgrade by S&P Global Ratings, which lowered the bank’s long-term issuer credit rating from ‘CCC’ to ‘CCC-’. The downgrade reflects heightened concerns over the bank’s capital adequacy position and its recent $150 million bond buyback offer on a $300 million …

  Wema Bank Plc (“the Bank”) announces the successful completion of its ₦150 billion Rights Issue, which opened on April 14th,2025, and closed on May 21st,2025. The exercise has received formal approval from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission. This Rights Issue was undertaken …

  As part of its commitment to improving lives and supporting communities, leading financial institution, Fidelity Bank Plc, has distributed food items in Ilaje and Ese-Odo Local Government Areas of Ondo State. Speaking during the donation event which took place at Igbokoda, Headquarters of Ilaje Local Government Area, the Regional …

  Former Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, is currently being grilled by operatives of the Economic and Financial Crimes Commission (EFCC) in Abuja.   Kyari, who had been on the agency’s watchlist, arrived at the EFCC headquarters around 2:30 p.m. on …