Lagos, Nigeria — Union Bank of Nigeria Plc, a leading advocate for environmental sustainability and ESG in Africa, marked World Environment Day 2025 by partnering with the Nigerian Conservation Foundation (NCF) to host a high-impact symposium themed “Ending Plastic Pollution” at the Lekki Conservation Centre, Lagos. The event brought …
Read More »Fidelity Bank Extends Relief Efforts to Eti-Osa Community with Food Bank Initiative
As part of its unwavering commitment to reducing food insecurity and supporting vulnerable communities, Fidelity Bank Plc, a leading financial institution, has distributed food packs to residents of Victoria Island in the Eti-Osa Local Government Area of Lagos as part of its nationwide Fidelity Food Bank initiative. This initiative, …
Read More »Stanbic IBTC Bank wins prestigious GTR Award for Best Trade Finance Bank in West Africa
Stanbic IBTC Bank has been honoured with the Best Trade Finance Bank in West Africa award at the Global Trade Review (GTR) Awards in London on 26 June 2025. This award recognises the bank’s exceptional performance in trade finance and its commitment to delivering innovative solutions. The GTR (Global Trade …
Read More »Climate Alert: NiMet Cautions Nigerians Over Rising Weather Extremes
The caution came during a one-day sensitization forum held in Abuja on Tuesday, targeting journalists and civil society organisations. The Nigerian Meteorological Agency (NiMet) has issued a fresh alert, warning Nigerians to brace for potential climate variability and extreme weather events that continue to pose significant risks across the country. …
Read More »Dangote Refinery reduces ex-depot price by N40 as more marketers join partnership deal
With assurance of a steady supply of petroleum products, more independent marketers have joined the growing list of distributors retailing Dangote Refinery’s high-quality petroleum products across the country. New marketers signed the partnership deal with Dangote Refinery just as the Refinery management announced a reduction in its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, …
Read More »FirstBank Unveils Advanced Facial Biometric Technology on FirstMobile for Seamless User Enrollment and Device Activation
FirstBank, the West Africa premier financial institution and financial inclusion services provider has launched an advanced facial biometric technology on its mobile banking application- FirstMobile, along with other exciting features that includes: Facial recognition sign-up and activation Virtual credit cards for secure online shopping Instant credit card activation Flexible salary …
Read More »NNPCL declares N1.05trn profit for May, remits N5.5trn to FG in 5 months
The Nigerian National Petroleum Company Limited (NNPCL) has declared a profit of N1.054 trillion for the month of May 2025 which indicates a 40% increase from the N748 billion it recorded in April. The oil company disclosed the figure in its Monthly Report Summary for May, released on Tuesday. It …
Read More »Premium Trust Bank official narrates how colleague offered him $7,000 bribe to hack bank’s system
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 …
Read More »Stanbic IBTC Bank Nigeria PMI: Output growth slows but business confidence rises sharply
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 …
Read More »Editor, Energy experts say Dangote’s initiative will reduce production costs, ease inflationary pressures, and stimulate economic growth
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 …
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