Business

Although the Nigerian private sector remained in growth territory midway through the second quarter of the year, there were signs of a slowdown in the latest survey period as inflationary pressures remained elevated. Rates of expansion in output and new orders eased in May, while employment dipped for the first …

By Tosin Ajayi Firstmonie Agent Credit Scheme is a FirstBank’s digital lending solution designed to empower a wide range of low-income individuals who face barriers in accessing traditional credit channels. This innovative program offers financial support to Firstmonie Point-Of- Sale agents by enabling them to overcome liquidity challenges and capitalize …

  … We’ve capacity to meet ECOWAS’s petroleum needs – Dangote Towering over the Lekki Free Zone on the edge of the Atlantic, the Dangote Petroleum Refinery is more than just a feat of engineering; it has become a symbol of ambition, vision, and industrial self-reliance for an entire continent. …

SIFAX Group has been honoured with the Distinguished Gender Inclusion Award at the just-concluded 2025 Women in Maritime and Shipping Conference, organized by the Nigerian Chamber of Shipping on Friday, May 30, 2025. The prestigious award, presented during the high-profile event in Lagos, is the only recognition conferred at the …

Nigerians who are travelling to Saudi Arabia for this year’s Hajj season now have an unmatched deal from Globacom, which enables them to make calls and enjoy data while on pilgrimage at the most competitive rate. Globacom and its roaming partners are offering the most affordable tariffs for customers going …

  Global credit rating agency, Fitch Ratings, has affirmed Fidelity Bank Plc’s Long-Term Issuer Default Rating (IDR) at ‘B’ and upgraded its National Long-Term Rating to ‘A+(nga)’ from ‘A(nga)’. The upgrade, announced on May 29, 2025, reflects the bank’s strengthened capital buffers and improved profitability, signaling continued positive momentum in …

The trial of Mallam Ahmed Kuru, a former managing director of the Asset Management Corporation of Nigeria (AMCON), over alleged fraud amounting to N76 billion and $31.5 million, has been adjourned until June 4, 2025, by Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos. Kuru is …

By Abiodun Alade In a world where wealth often cloaks itself in private luxury, Aliko Dangote has chosen instead to wrap his fortune in the fabric of legacy – woven through classrooms, lecture halls, dormitories, and the dreams of generations to come. From the bustling streets of Lagos to the …

Nigeria’s National Counter Terrorism Centre (NCTC), operating under the Office of the National Security Adviser, has summoned Amnesty International Nigeria over an upcoming report it claims misrepresents the country’s security situation under President Bola Tinubu. In a letter dated May 28, 2025, and addressed to Amnesty’s Director, the NCTC expressed …

Telecommunications and digital services provider, Globacom, has partnered with the Federal Ministry of Communications, Innovation and Digital Economy and Huawei Nigerian Enterprises, to provide digital access to 7,000 remote communities in Nigeria with the commissioning of the pilot project in Isuanin Kura in Ibwa 2, Gwagwalada, on the outskirts of …