Business

The Economic and Financial Crimes Commission (EFCC) has arraigned two top officials of FSDH Merchant Bank Limited, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, over the alleged theft of $306,667.81 and €50,250 through fraudulent SWIFT transfers. The duo were docked before Justice Ismaila Ijelu of the Lagos State High Court …

Workers of Shell Nigeria Exploration and Production Company Limited (SNEPCo) staged a protest on Tuesday, locking the gate to the firm’s Broad Street office in Lagos. The action was organised by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Eyewitnesses reported that traffic in the area was …

Zenith Bank Plc will commemorate the 2026 International Women’s Day with a renewed call to purposeful action and leadership. As part of preparations to celebrate this significant occasion, the Bank is set to hold its annual International Women’s Day Seminar on Monday, March 9, 2026, at The Civic Centre, Victoria …

Institutional investors, corporate leaders and economic experts gained practical insights into portfolio positioning at the recently held Stanbic IBTC Economic Summit. Delivered virtually under the theme ‘From policy to pockets: How 2026 economic shifts will shape your financial decisions’, the summit explored how Nigeria’s shift from economic stabilisation to growth consolidation is redefining opportunities and risks for decision-makers. Discussions …

Before sunrise at Ojo Bus Terminal in Ibadan, engines warm up and journeys begin. Commuters move quickly, drivers prepare for long hours on the road, and traders set the tone for the day ahead. It is within this rhythm of urgency and ambition that NESCAFÉ is deepening its everyday presence. …

The Nigerian private sector returned to growth in February, following a muted start to 2026. A renewed rise in new orders fed through to an accelerated increase in business activity. Employment, input buying and inventories were also up midway through the opening quarter of the year. Meanwhile, an improvement in …

… Exports 20m Litres Surplus   In a landmark shift for Nigeria’s downstream petroleum sector, Dangote Petroleum Refinery & Petrochemicals will supply between 60 and 65 million litres of Premium Motor Spirit (PMS) daily to meet national demand, effectively positioning the country for sustained fuel self sufficiency while exporting up …

Wema Bank, Nigeria’s oldest indigenous, most innovative and pioneer of Africa’s first fully digital bank, ALAT, has announced the Top 10 nominees for its women-focused award initiative, SARA Gives to Empower Her Awards; the second edition of its She Empowers Her Award. The Top 10 nominees are: Social Entrepreneur, Bosede …

The Caretaker Chairman of a group known as “Justice Forum” comprising of leaders of Petroleum Tanker Drivers (PTD) Branch of NUPENG, South South Zone, Comrade Praise Ogidi-King on behalf of his group has accused the parent Union of being “economical with facts” amid the ongoing crisis within the Oil and …

Dangote Cement Plc (DCP), a subsidiary of Dangote Industries Limited, at the weekend in Lagos signed a landmark agreement with Sinoma International Engineering for the construction of 12 new projects and expansion of others across Africa. The landmark agreement, with an estimated investment of over $1 billion, reinforces the Company’s …