Business

The Nigerian Economic Summit Group (NESG) has announced the appointment of three leaders, Mr Wole Adeniyi, Mr Mohamad Darwish, and Mr Olusegun Alebiosu, to its board of directors. These appointments reflect the NESG’s steadfast dedication to promoting visionary leadership and strengthening partnerships with key business leaders and private sector stakeholders. …

  The Dangote Petroleum Refinery is awaiting up to 12 million barrels of crude oil from the United States. The refinery resorted to crude importation as local supply challenges hindered the new $20bn refinery’s push to reach full refining capacity. Recall that the refinery plans to reach its 650,000 barrels …

Donald Trump’s inauguration as the 47th President of the United States has once again thrust the world’s attention to the U.S., with Nigerian media providing significant coverage and analysis. From policy implications to economic ties, Trump’s re-entry into the White House holds implications for global geopolitics, especially for Nigeria. This …

SIFAX Group’s attention has been drawn to a viral video claiming that one of its subsidiaries, Ports and Cargo Handling Services Limited, has put up over 3,000 containers for sale. We wish to categorically state the following: False Representation of SIFAX Group’s Employee: The individual featured in the video, who …

Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid Rights Issue and Public Offer.   In a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, the Bank announced that it has secured the full regulatory approval of the Central …

SIFAX Group has reaffirmed its commitment to community development and healthcare accessibility by sponsoring the University of Ibadan Association of Dental Students (UADS) 2024 Mega Outreach. The event, held on Saturday, December 14, 2024, at the Sabo community in Mokola, Ibadan, brought vital oral health services to an underserved population …

The government of  Oyo State government has agreed a partnership with digital solutions services provider, Globacom, to put in place an innovative traffic management solution for the state. The Chief of Staff to the Governor, Chief Ebenezer Ogunwuyi, who represented Governor Seyi Makinde at the flag-off of the first phase …

One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades.  This bold initiative, under the leadership of Managing Director/CEO Dame Adaora Umeoji, its …

Sterling Bank Limited and its holding company, Sterling Financial Holdings Company have been accused by the Nigeria Police Force of money laundering, fraudulent deductions and other financial crimes. This was contained in a report presented to the House of Representative Committee on Public Petition during the hearing of a petition …

In the first nine months of last year, the earnings per share (EPS) of FBNHoldings Plc, the parent company of First Bank of Nigeria Limited as well as its profit grew by 125 per cent year-on-year (Y/Y). But there is much more to where the premier bank stands in core …