Business

An official of Premium Trust Bank, Ajayi Michael Folaseye, has narrated before a Federal High Court, Ikoyi, Lagos, how he turned down a $7,000 bribe offered by a colleague who sought unauthorized access to the bank’s internal systems. Folaseye, the first prosecution witness (PW1), testified in the ongoing trial of …

The Nigerian private sector remained in growth territory as the first half of 2025 drew to a close, and business confidence improved markedly in June. That said, rates of expansion in output, new orders and purchasing eased from May. Although rates of inflation remained relatively sharp, there were further signs …

The new initiative of the Dangote Petroleum Refinery has continued to draw accolades from energy experts in the country, with some describing it as the best that has happened to the sector since Independence. The Chief Executive of Financial Derivatives Company, Bismarck Rewane, said the company’s free distribution initiative will …

SIFAX Group chairman, Dr Taiwo Afolabi, has congratulated Adewale Adeniyi MFR, the Comptroller-General of the Nigeria Customs Service, on his landmark election as Chairperson of the World Customs Organization (WCO) Council. In a letter personally signed, Dr Afolabi described Adeniyi’s emergence as a testament to his exemplary leadership, deep expertise …

…Describe the rice Distribution another Operation Feed the Nation Over 30  Host Communities to Dangote Cement Ibese Plant as well as those in Itori in Yewa North,  Ewekoro local government aeras of Ogun State respectively were thrown into excitement as the Aliko Dangote Foundation, (ADF) extended its National Food Intervention …

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday adjourned further hearing in the trial of Mallam Ahmed Kuru, former Managing Director of the Asset Management Corporation of Nigeria (AMCON), and four others over an alleged ₦76 billion and $31.5 million fraud till July 1, …

At the Stanbic IBTC Bloom Weekend 2025 which was themed: “Bloom into More”, thousands of female entrepreneurs, professionals, and leaders gathered to forge connections, sharpen their business and leadership skills, and unlock new opportunities for growth and success. Day-one kicked off with an energetic media parley at Harbour Point, Victoria …

Stanbic IBTC Bank’s Corporate and Investment Banking (CIB) division has concluded its CIB Trade Customer Forum, bringing together industry leaders, key clients, and regulatory stakeholders for a day of strategic discussions and networking focused on advancing Nigeria’s trade finance sector. The exclusive forum themed, “Trade Policy and Regulatory Framework in …

  … Listing of Dangote Fertiliser Will Revolutionise Capital Market – Dangote The Group Chairman of Nigerian Exchange Group (NGX Group), Alhaji (Dr.) Umaru Kwairanga, has praised the President/Chief Executive, Dangote Group,  Aliko Dangote for his substantial contributions to the Nigerian capital market and private sector development. He noted this …

FirstBank, the West Africa premier bank and financial inclusion services provider, is thrilled to announce that its Corporate University, FirstAcademy, has been awarded the Gold Award for Best Corporate University in Social & Climate Change at the Global Council of Corporate Universities (GlobalCCU) Awards 2025. This highly acclaimed award recognises …