Business

Growth momentum strengthened in the Nigerian private sector during May. Marked rises in output and new orders were recorded, with firms ramping up their purchasing accordingly. Expansions in employment remained muted, however. On the price front, higher fuel costs continued to cause sharp increases in input costs and output prices, …

New global principles and practitioner guide set out a responsible way to measure how organisations are found, interpreted and represented in AI-generated answers AMEC, the International Association for the Measurement and Evaluation of Communication, has launched the AMEC GEO Principles and a companion resource, A Practitioner’s Guide to GEO Measurement, to …

  Fidelity Bank Plc recorded 37.9 per cent growth in gross earnings to N434.95 billion in first quarter 2026 as the international commercial bank continued to expand its core banking market share. Interim report and accounts of Fidelity Bank for the three months ended March 31, 2026 released at the …

Much more than commemorating the annual Children’s Day marked every May 27, Zenith Bank Plc is championing the narrative that children are the true leaders of tomorrow. The Bank has deepened its investment in carefully curated initiatives that elevate children across education, financial literacy, health, digital inclusion, and social protection, …

  At Wema Bank, we have spent the last few years reimagining what Children’s Day can look like for Nigerian children.   What started as a celebration has evolved into an intentional platform designed to build confidence, encourage leadership, promote financial literacy and create meaningful opportunities for children across different …

Abbey Mortgage Bank Plc has successfully concluded its 34th Annual General Meeting (AGM), reaffirming the Bank’s commitment to sustainable growth, innovation, and long-term value creation for shareholders and stakeholders. The AGM, held May 25th, 2026, brought together shareholders, members of the Board, management, regulators, and other key stakeholders to review …

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has deepened its longstanding relationship with the academic community and reaffirmed its commitment to innovation, youth empowerment, and nation-building by commissioning the UBA Innovation Hub and Business Office at the University of Lagos (UNILAG). The landmark facility was commissioned by the …

Globacom is celebrating the enduring legacy of the late Awujale of Ijebuland, Oba Sikiru Adetona, at the 2026 edition of the Ojude Oba Festival, the 21st consecutive year the company is supporting the cultural event. This year’s festival, themed “Ojude Oba 2026: Celebrating the Legacy of Oba Sikiru Adetona,” will …

The high court of the federal capital territory sitting in Apo, Abuja, on Monday granted bail to former chairman of the defunct Skye Bank Plc, Tunde Ayeni, in the sum of N200 million over an alleged N15.7 billion fraud case. In a ruling delivered by Justice Jude Onwuzuruike, the court …

Justice James Omotosho of the federal high court, Maitama, Abuja, on Monday, May 25, 2026 adjourned the trial of Ali Bello and Dauda Sulaiman till June 2, 2026. The Economic and Financial Crimes Commission, EFCC, is prosecuting Ali Bello, a nephew of the former Kogi state governor, Yahaya Adoza Bello, …