Business

  A Nigerian citizen, Farouk Adekunle Adepoju, has been arrested in the United Kingdom following a United States request for extradition over charges of wire fraud and computer fraud totaling more than $235,000.   According to the U.S. Department of Justice (DOJ), Adepoju was arrested by U.K. authorities on September …

  AIICO Insurance Plc, Nigeria’s leading composite insurer, today hosted another successful edition of its Annuity Forum, a yearly engagement platform designed to strengthen ties with its annuity customers, listen to their feedback, and create opportunities for meaningful interaction. This year marks a significant expansion of the Forum. For the …

  Court orders auction of Ecobank assets to recover Sh284 million owed to Koinange estate – Mbiyu Koinange’s estate had sued the lender in March 2024. (Photo: File) Mbiyu Koinange’s estate had sued the lender in March 2024. (Photo: File) The estate had sued the lender in March 2024, demanding …

  The National Industrial Court has issued an interim injunction restraining the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and the Direct Trucking Company Drivers Association from embarking on any industrial action or picketing against the Dangote Petroleum Refinery. Justice Emmanuel Danjuma Subilim, ruling on an ex parte …

  In a bold move to bolster career prospects for Nigeria’s youth, Stanbic IBTC Holdings, a member of Standard Bank Group, has unveiled the fifth edition of its renowned Digital Skills Empowerment Programme (DiSEP 5.0). This latest iteration is targeted at equipping young graduates with essential digital skills that have …

  Zenith Bank Plc has released its Group financial results for the half year ending June 2025, posting an impressive profit before tax of N625.629 billion. Following this robust performance, the Board has approved an interim dividend of N1.25 per share, a 25% increase over the N1.00 paid in the …

Dangote Petroleum Refinery has revealed that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) requested it to increase the price of petrol and diesel by N75 per litre, in order to allow its members to match the refinery’s gantry prices at their respective depots. If implemented, this would …

  A Federal High Court in Abuja has ordered the final forfeiture of $7 million stashed in the vault of a Providus Bank branch in the Ikoyi area of Lagos. The money was found in the account of the MD of an oil and gas company owned by a prominent …

In a remarkable display of sportsmanship and community spirit, Stanbic IBTC Bank has proudly sponsored the recent Stanbic IBTC Badminton Competition of the Chinese General Chamber of Commerce-NIG (CGC-NIG). This initiative aligns with the bank’s commitment to fostering athletic excellence and promoting community engagement. The two-day tournament, recently held in …

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, has been recognized as the “Best Corporate Bank” by the International Business Magazine, underscoring its dedication to excellence in corporate banking. This prestigious accolade reflects the bank’s relentless pursuit of innovative solutions that not only foster business growth but also contribute …