Business

  For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional banks demanded collaterals, guarantors, and endless paperwork, effectively shutting out a large portion of the population working in the informal economy. FirstBank’s digital lending model flipped the …

…Will maintain 60% ownership   Ethiopian Investment Holdings (EIH), the strategic investment arm of the Government of Ethiopia, and Dangote Group have announced the signing of a comprehensive shareholders’ agreement to develop, construct, and operate a world-class urea fertilizer production complex in Gode, Ethiopia. Under the partnership structure, EIH will …

  Access Holdings Plc has named Mr. Innocent Ike as its substantive group managing director/chief executive officer, effective August 29, 2025, following regulatory approval.   The announcement comes just hours after Roosevelt Ogbonna stepped down from the company’s board in compliance with new corporate governance rules.   In a statement …

SIFAX Group has congratulated Dr. Abubakar Dantsoho, Managing Director of the Nigerian Ports Authority (NPA), on his election as Vice President (Africa) of the International Association of Ports and Harbours (IAPH). In a letter issued by the Group’s Chairman, Dr. Taiwo Afolabi, CON, He described the appointment as a well-deserved …

  Leading financial institution, Fidelity Bank Plc, has announced plans to convene a high-level panel of seasoned experts to chart a strategic roadmap for promoting African exports in global markets.   The panel session, titled “Laying the Tracks: Strengthening the Institutional Infrastructure for Africa’s Trade Promotion,” is scheduled for Day …

Enforcing its zero tolerance for auto crashes, the Dangote Articulated Trucks Drivers Training School (DATDTS), in collaboration with the Federal Road Safety Corps (FRSC), is implementing stricter entry requirements for aspiring drivers. This development comes as Dangote Cement Plc undertakes the recertification and screening of all its truck drivers at …

Additional N900 billion capital is expected to be injected into the Nigerian banking industry before the end of 2025, although the expiration of the regulatory forbearance will moderate the performance of the banks, a report by Agusto & Co. Limited has hinted. In its “Nigerian Banking Industry Report” the firm …

The Federal Ministry of Environment’s National Flood Early Warning Center (FEW Center) has issued a fresh alert to Adamawa and eight other northern states over possible flooding. A circular signed by the Director, Erosion, Flood and Coastal Zone Management Department, Usman Abdullahi Bokani, on Monday in Abuja, warned that several …

Globacom, through its social responsibility vehicle, Glo Foundation, recently brought joy to the faces of scores of new mothers in Ondo State as it paid off their childbirth fees and gave them necessary baby supplies. The humanitarian gesture was greatly appreciated by the beneficiaries as it was aimed at lessening …

…lauds role as highest industrial taxpayer The Ogun State Internal Revenue Service (OGIRS) has formally commended Dangote Cement Ibese Plant for its outstanding commitment to tax compliance and its consistent role as the highest tax-paying industrial organisation in the state. OGIRS while on a familiarisation tour of the 12mmtp Cement …