Yes, this is not the first time Alhaji Abdulsamad Rabiu, has rewritten the narrative of suffering in Nigeria’s markets. Nor is it the first time BUA Group has acted as an economic powerhouse and moral compass in a nation frequently staggered by profiteering and policy paralysis. From rice to cement, …
Read More »Why Fidelity Bank Plc Is Too Big to Fail
Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still …
Read More »LAFARGE FAILS TO STOP COURT FROM HEARING CASE AGAINST PLANNED SALE TO CHINESE COMPANY
The effort by Lafarge Africa Plc to halt proceedings in the suit instituted against its plan to sell 83% of its shares to a foreign company in China has been rejected by the court. Justice Lewis Allagoa of the Federal High Court in Ikoyi, Lagos, on Thursday rejected the motion …
Read More »As Global Financial Fraud Hits $485 billion, Access Holdings Shows Africa How to Fight Back
Fraud remains one of the most significant challenges facing the financial industry today. It spans various sectors, from banking to fintech, insurance, and capital markets, with ever-evolving tactics. This issue has been a repeated theme across most of the annual general meetings of banks attended over the last few …
Read More »Airtel Spam Alert Service built to safeguard subscribers against scams
Telecommunications giant Airtel Nigeria says its newly launched solution, the Airtel Spam Alert Service, is designed to shield its subscribers from fraudulent and spam SMS The company stated that the service was developed as part of its ongoing commitment to user safety and digital security. In a statement on …
Read More »Nestlé Professional Reaffirms Commitment to Youth Entrepreneurship
Trains 300 ‘My Own Business’ (MYOWBU) Operators in Lagos Nestlé Professional has reaffirmed its commitment to accelerating youth entrepreneurship, with a workshop in Lagos to upskill over 300 operators and attendants within its My Own Business (MYOWBU) program. MYOWBU is designed to empower young people across Central and West Africa …
Read More »Sun King, IFC, and Stanbic IBTC Bank Close $80 Million Debt Facility to Expand Solar Access in Nigeria
IFC and Stanbic IBTC Bank, a subsidiary of Standard Bank Group, have structured an $80 million local currency facility to enable off-grid customers to access affordable solar solutions through Sun King in Nigeria. IFC contributed $50 million. The facility will allow Sun King to expand its pay-as-you-go solar financing, improving …
Read More »Dangote Cement Ibese Banishes 3-Year Blackout, Lights Up 21 Communities in Yewaland
…donates electrical materials for electricity restoration It was jubilation galore in Yewa North Local Government Area of Ogun State following the donation of multi-million Naira electrical materials by Dangote Cement, Ibese plant to end over 3 years’ total blackout and get 21 communities affected by a prolonged power outage reconnected. …
Read More »FIRSTBANK RETAINS RETAIL DOMINANCE BY BOOSTING BUSINESSES WITH ITS TEMPORARY OVERDRAFT (TOD) PRODUCT
By Tosin Ajayi In a dynamic and often unpredictable financial landscape like Nigeria, the ability to access funds at critical moments makes all the difference. For entrepreneurs, financial agility is often the key to unlocking growth and success. With fluctuating prices and unexpected financial policies, many businesses in recent times …
Read More »Dangote Growing SMEs In Nigeria-Fatima Wali-Abdurrahman
Dangote Industries Limited is partnering critical stakeholders in the economy to grow Micro, Small, and Medium Enterprises (MSMEs) across Nigeria, Senior Adviser to the President of Dangote Group, Fatima Wali-Abdurrahman, has said. Speaking at the Dangote Special Day at the ongoing 2025 Nasarawa Trade Fair Exhibition in Lafia, she …
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