Business

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that Agusto & Co. has upgraded its credit ratings for the 2025–2026 financial year. The Company has been assigned a Long-Term Rating of A and a Short-Term Rating of A1, both with a Stable Outlook. This upgrade …

  Wema Bank is once again redefining the future of banking with the upgraded version of ALAT scheduled to go live in January, 2026. Tagged ALAT: The Evolution, the upgraded version of ALAT will once again set the standard on the next chapter in the banking industry. With ALAT: The …

SIFAX Group has opened the 2026 business year with a strong declaration of intent, unveiling an innovation-driven growth plan aimed at strengthening operations, deepening technology adoption, and expanding its footprint across West Africa. The Chairman of the Group, Dr. Taiwo Afolabi, made this known in his New Year message to …

-Shareholders commit to future injection of more capital to the Groups’ other subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This milestone was …

… Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday …Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement …

The Nigerian private sector remained in growth territory at the end of 2025 as improvements in customer demand fed through to higher new orders, output and purchasing activity. Employment also increased, but the rate of job creation remained marginal. Inflationary pressures picked up modestly in December but remained generally close …

  FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth” Nigeria Economic Outlook is …

  Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of Directors effective December 31, 2025, and the appointment of Mrs. Amaka Onwughalu as the new Chairman of the Board, effective January 1, 2026.   The board …

Quickteller’s maiden edition of InsomniaQ was successfully hosted at the Grand Ballroom of the Lagos Continental Hotel on the 21st of December, delivering a vibrant, high-energy celebration of African music, culture, and creativity. The 12-hour non-stop experience attracted a diverse audience of music lovers, culture enthusiasts, and festive diaspora returnees, …

The chairman of Presidential Fiscal Policy and Tax Reforms Committee has dismissed claim that the new tax laws will lead to the death of Nigeria’s aviation sector. He said this while reacting to claim by Allen Onyema, the chairman of Air Peace in a television interview that the new tax …