Business

The Enugu Electricity Distribution Company (EEDC), has expressed concern over the recent vandalisation of electricity installations within its operational area in Abakaliki. In a statement issued by the Head of Corporate Communications, EEDC, Mr Emeka Ezehon on Sunday, the loss of power supply in areas of Abakaliki was due to …

The Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has strongly dismissed claims that the panel did not consult with Nigerian governors. The introduction of the bills by the Bola Tinubu-led administration sparked widespread debates, especially in the north, with the Northern Governors Forum, the Northern Elders Forum, …

The Securities and Exchange Commission (SEC) has said it would prioritise key initiatives aimed at deepening market integrity, enhancing investor confidence and driving economic growth by focusing on its dual mandate of regulating and developing the capital market in Nigeria in 2025. The Director General of SEC, Dr Emomotimi Agama, …

As the foremost Nigerian bank, First Bank of Nigeria Limited no doubt has a history of curating products and services that not only meet the immediate and future needs of its customers. In this interview with THISDAY, the bank’s Managing Director/Chief Executive Officer, Mr. Olusegun Alebiosu described 2025 as the …

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has once again solidified its status as the  leading financial institution by topping the Retail Banking and SME Banking categories in the recently concluded 2024 KPMG West Africa Banking Industry Customer Experience Survey. This remarkable achievement marks the fourth consecutive year …

As part of its commitment to fostering inclusivity, Fidelity Bank Plc has inaugurated the Bundles of Joy programme, a groundbreaking initiative aimed at creating supportive spaces and activities for children with special needs while addressing the psychological and emotional well-being of their parents and caregivers. The first session of the …

The Diamond President of the Institute of Chartered Accountants of Nigeria, ICAN, Chief Davidson Alaribe, has advised newly inducted Associate Accountants to explore all the various roles presented within the field of accounting, especially areas such as: auditing, financial management, taxation, among others. He said this during the 61st Associate …

FCMB Group Plc has secured shareholder approval for a 340 billion naira capital raise. The approval, granted during an extraordinary general meeting held in Lagos and virtually, is crucial for its banking subsidiary, First City Monument Bank Limited, to comply with the Central Bank of Nigeria’s international license requirements. The …

The Democratic Front has said that the announcement of a $5 billion Final Investment Decision by Shell on the Bonga North Deep Offshore field is yet another proof of the investment-friendly mindset of the President Bola Tinubu administration. This was contained in a statement issued by its Chairman, Mallam Danjuma …

MTN Nigeria has said that the lease revenue approved by the Nigerian Communications Commission for the spectrum lease agreement between MTN Nigeria Communications Plc and Natcom Development and Investment Limited will improve its 4th generation and 3rd generation services. Recall that MTN in a regulatory filling by the company secretary, …