Business

The Nigeria Customs Service (NCS) on Thursday intercepted three luxury vehicles in Ogun State, including a 2021 Rolls-Royce Ghost valued at N920m. The NCS disclosed that the vehicle was seized alongside a 2014 Mercedes-Benz 4Matic worth N21.4m and a 2018 Honda Accord valued at N3.2m. Speaking at a press briefing …

Ecobank Transnational Incorporated (ETI), the parent company of Ecobank Group, has confirmed the signing of a purchase agreement under which Bosquet Investments Ltd., the private investment vehicle of Alain Nkontchou, will acquire a 21.22 per cent stake in the pan-African banking group from Nedbank Group Ltd. The transaction, which is …

Abdullahi Bashir Haske, a Nigerian businessman is wanted by the Economic and Financial Crimes Commission (EFCC) over alleged involvement in criminal conspiracy and money laundering. In a statement issued by EFCC spokesperson, Dele Oyewale, the commission called on members of the public to provide useful information that could aid in …

These are not the best of times for Femi Otedola as the Court of Appeal in Lagos has ordered the interim seizure of his Zenon Petroleum & Gas Limited’s headquarters in Lagos over an unpaid judgment debt of $1.8 million. Thisday reports that in a ruling delivered on June 26, …

Tier-one Lender, Fidelity Bank Plc, has announced the resumption of international transactions on its Naira Debit Cards. This recommencement gives customers the freedom to make seamless payments abroad, online, and at ATMs outside the country. Shedding light on the development, Ifeoma Onibuje, Divisional Head, eBanking, Fidelity Bank Plc said, “We …

Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings, has once again reaffirmed its dedication to enhancing the quality of life for retirees following the successful hosting of the 2025 edition of its Annuitant Forum. Themed “Making the Most of Life in Retirement”, the virtual gathering brought together annuitants …

Retirement is often viewed as a new beginning, an opportunity to enjoy the fruits of one’s lifetime work. In line with its mission to support clients through every stage of life, Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings PLC, is set to host the second edition of …

  Amidst pomp and pageantry layered with a mixture of glitz and glamour, Zenith Bank Plc marked its 35th year anniversary with a commemorative Chairman’s Dinner at the Eko Convention Centre, Eko Hotels & Suites, Victoria Island, Lagos on Friday, August 15, 2025. In recognition of their immense contributions to …

      Africa’s global bank, United Bank for Africa (UBA) Plc, has secured a N5 billion loan facility from the Bank of Industry (BOI), to boost key sectors of the economy and support the growth of sustainable and viable businesses in the country, especially the micro, small, and medium enterprises (MSMEs) …

  It was a dazzling evening of elegance, warmth, and celebration as the All Africa Music Awards, AFRIMA, hosted its 2025 Patron’s Dinner with the International Jury in Lagos, Nigeria. The gathering brought together policymakers, stakeholders in Africa’s creative economy, music executives, artists, media representatives, and AFRIMA’s international jurors from …