Business

FirstBank, the West African premier financial institution and financial inclusion services provider, has emerged as Nigeria’s Best Bank for Environmental, Social, and Governance (ESG) at the prestigious Euromoney Awards for Excellence 2025, held recently in London. This marks FirstBank’s second consecutive win in the ESG category, affirming its leadership in …

  Comrade Joseph Dagogo-Jack, a leader of the Petroleum Tanker Drivers (PTD), branch of the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) in Port Harcourt Zone has accused the President and the General Secretary of NUPENG, Williams Akporeha and Afolabi Olawale of using bullying, harassment and other unconstitutional …

A sign out picture of a final-year student of the University of Uyo (UNIUYO), simply called King Jack, sparked widespread conversations on the popular microblog site, X.com recently. Jack, in an ecstacy of rounding off his studies successfully in the university, inscribed a bold message of gratitude, “Thank You NELFUND”, …

Nestlé Nigeria is proud to announce the expansion of its flagship initiative, Nestlé Empowering Rural Women in Nigeria, to Agbara, Ogun State. Aimed at strengthening small businesses and enhancing livelihoods within rural communities, this program has welcomed 49 new female retailers. Now in its fifth year, the Nestlé Empowering Rural …

… FG Committed to Domestic Investors – Trade Minister President/Chief Executive of Dangote Group, Aliko Dangote has hailed President Bola Ahmed Tinubu as a listening president whose policies are restoring private investors confidence in Nigeria’s economy. Dangote made the remarks over the weekend during a visit by the Minister of …

The Nigerian Naira ended the week stronger, gaining 4.52 kobo against the U.S. dollar on Friday. According to the Central Bank of Nigeria, it traded at N1,534.72 per dollar — a 0.05% increase from Thursday’s N1,534.79 rate. Earlier in the week, the Naira recorded slight losses, trading at N1,535.62 on …

…Ikazoboh steps in as Chairman Foremost entrepreneur and founder of Dangote Cement Plc, Aliko Dangote has announced his retirement as a Director and the Chairman of the Board of Directors, effective July 25, 2025. He is relinquishing his position as chairman and retiring from the board so as to focus …

Residents say the company, known for its aggressive real estate marketing across Nigeria, has fenced large portions of their land and brought in heavy machinery, including caterpillars, to begin excavation ignoring a subsisting court order barring any such activity. Residents of Ayegun Oleyo, a community in Ibadan, Oyo State, have …

In a strategic move to strengthen its footprint in Nigeria’s gas marketing and distribution value chain, the NNPC Gas Marketing Limited (NGML) has signed a Natural Gas Sale and Purchase Agreement (GSPA) with CCETC Suk Power Limited, enabling the delivery of up to 44 MMscf/d of natural gas. The agreement, …

Moody’s Investors Service has affirmed the ratings of Ecobank Transnational Incorporated (ETI), upgrading the outlook on its long-term issuer and senior unsecured debt ratings from negative to stable, citing improved financial performance and reduced refinancing risks. The agency confirmed ETI’s B3/Not Prime long- and short-term issuer ratings, B3 senior unsecured …