Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings, made a remarkable impact at the 2026 Easter Cup, hosted at the prestigious Lagos Polo Club on 05-06 April, 2026. This year’s tournament was not only about exciting polo matches; it also highlighted the strong partnerships that make the event lively. …
Read More »Global Cement Giant Lafarge Found Guilty of Terror Financing by Court
A French court has found cement manufacturer, Lafarge, guilty of financing terrorist groups through its Syrian subsidiary during the country’s civil war. The ruling, delivered in Paris on Monday, also convicted eight former employees of the company, including senior executives, over their roles in the illicit payments. The court determined …
Read More »Energia Appoints Oladimeji Bashorun as Chief Executive Officer
Energia Limited has announced the appointment of Oladimeji Bashorun as its Chief Executive Officer (CEO), following the vacancy created by the exit of Mr. Chidi Egonu. Bashorun, who previously served as the company’s Chief Operating Officer (COO), steps into the role following years of providing strategic and operational leadership within …
Read More »Dangote Refinery Powers Historic Shift as Nigeria Emerges Net Petrol Exporter, Earns Fresh Forex
Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, an achievement that has positioned Nigeria as a net exporter of petrol for the first time ever, with a surplus of approximately 3,000 b/d …
Read More »Sterling Bank faces data breach allegations as customers express security concerns
There is growing concern within Nigeria’s banking sector following allegations of a major data breach involving Sterling Bank, with reports claiming that sensitive customer and employee information may have been exposed. At the centre of the controversy is a dark web actor identified as “ByteToBreach,” who has reportedly claimed responsibility …
Read More »Dangote at 69: The Man Building Africa’s Industrial Backbone
By Abiodun Alade As Aliko Dangote turns 69, his story demands to be read not as a biography of wealth, but as a case study in Africa’s unfinished industrial argument. For decades, the continent has lived with a structural contradiction. It exports raw materials and imports finished goods. It produces …
Read More »FirstBank Partners Eko Hotels & KEY Academy for ChessMasters 2026 Tournament
FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced its strategic sponsorship of the second edition of ChessMasters, Africa’s largest school chess tournament. The announcement was made at the official press conference of the tournament held on 16 March 2026 at Eko Hotels and …
Read More »Nestlé Nigeria, Federal Ministry of Water Resources and Sanitation and OPS-WASH Launch National Water Quality Handbook
Initiative equips Nigerians with practical tools to safeguard water quality and protect public health Nestlé Nigeria Plc, in collaboration with the Federal Ministry of Water Resources and Sanitation and the Organised Private Sector in Water, Sanitation, and Hygiene (OPS-WASH), has launched a National Water Quality Advocacy Handbook aimed at …
Read More »UBA’s Chioma Mang, Michelle Nwoga Get Special Recognition Awards at 2026 Guardian Woman Festival
Chief Executive Officer Africa 1, United Bank for Africa (UBA), Chioma Mang and UBA’s Group Chief Experience Officer, Michelle Nwoga, were among the most celebrated figures at the 2026 Guardian Woman Festival, receiving the coveted Special Recognition Awards in honour of their transformative leadership and contributions to banking, customer …
Read More »Wema Bank Releases Full Year 2025 Audited Financial Results
…Declares ₦221.85bn Profit Before Tax, ₦1.25 Dividend, Total Assets hit ₦5 trillion mark. Wema Bank, Nigeria’s oldest indigenous bank, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has released its FY 2025 Audited Financial Results, achieving record-breaking growth and unparalleled performance across several key metrics. Key …
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