Business

AMCON vows to recover N227bn from Arik Air

The Asset Management Corporation of Nigeria (AMCON) has said it is determined to recover N227 billion debt from Arik Air. The Head, Corporate Communications of AMCON, Mr Jude Nwauzor, made this known during an interactive session with aviation correspondents on Friday in Lagos. According to him, AMCON’s plan to liquidate …

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Dangote Cement, FBNHoldings, others Lift Equity Market by N53bn

The equity market rebounded on Thursday from its previous session’s loss, gaining N53 billion. Investor interest in key stocks such as Dangote Cement, FBN Holdings, Guaranty Trust Holding Company, GTCO, and Fidelity Bank, alongside other advancing equities, contributed to the market’s positive performance. The market capitalisation increased by N53 billion, …

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Depot price hike: Marketers jostle to join Ardova, Heyden in Dangote Refinery bulk-purchase incentives

… for competitive pump price Attracted by the bulk-purchase agreement incentives being offered by the Dangote Petroleum Refinery, more oil marketers in the country are jostling to be listed as beneficiaries of the agreement. The bulk-purchase agreement, the petroleum marketers reasoned, offers a guaranteed price stability as against purchase from …

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Stanbic IBTC Pension Managers re-introduces self-service channels, an innovative way for customers to serve themselves

Stanbic IBTC Pension Managers, a leading pension fund administration firm in Nigeria and a subsidiary of Stanbic IBTC Holdings PLC, has reaffirmed its commitment to enhancing customer experience by providing innovative solutions through the self-service channels. This is to ensure that customers get the support they need quickly. These self-service …

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Emirates set to become the world’s first Autism Certified Airline

Emirates has launched an inspiring journey to officially become the world’s first Autism Certified Airline™, inviting customers with autism and sensory sensitivities to experience Emirates’ seamless services and personalized hospitality, making travel more accessible for all. The inaugural designation is set to be formally awarded by the International Board of Credentialing and …

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