Business

Small and medium enterprises across Africa continue to drive economic growth and innovation despite facing significant challenges; thereby requiring the support of financial institutions in developing tailored approaches to address the unique needs of entrepreneurs at various stages of growth. Standard Bank, the parent company of Stanbic IBTC Bank, has …

World’s largest operator of international First Class travel continues to finesse the experience Emirates is the world’s largest operator of international First Class travel – offering 26,800 seats a week and the largest inventory of international First Class seats in the industry, entirely comprised of private suites. Emirates continues to …

Fidelity Bank Plc continues to shine as a beacon of strength, reliability, and resilience in Nigeria’s dynamic banking industry. With a track record of delivering outstanding performance and exceeding expectations, the bank has further cemented its place among the country’s most trusted financial institutions. In its recently released Audited Financial …

Dangote Petroleum Refinery & Petrochemicals reaffirms that, despite the fluctuations in global crude oil prices, it has  consistently reduced the price of Premium Motor Spirit (PMS), commonly known as petrol. The company, in a release, signed its Group Chief Branding and Communications Officer, Anthony Chiejina said the decision to maintain …

…Twelve Banks Raised Over ₦2tn Ahead Recapitalization Deadline …SEC Approves 11 Merger & Acquisitions Worth Over ₦320.36bn Within a period of 16 months covering January 2024 and April 2025, the Securities and Exchange Commission approved the raising of N4.12tn by banks, insurance and other companies from the capital market. A …

Stanbic IBTC Holdings PLC, a member of the Standard Bank Group, recently held its 13th Annual General Meeting (AGM), where it presented its audited financial statements for the year ended 31 December 2024. The AGM highlighted a year marked by strong financial growth, operational resilience, and continued execution of the …

Yes, this is not the first time Alhaji Abdulsamad Rabiu, has rewritten the narrative of suffering in Nigeria’s markets. Nor is it the first time BUA Group has acted as an economic powerhouse and moral compass in a nation frequently staggered by profiteering and policy paralysis. From rice to cement, …

Several media platforms have gone to town with the news of the Supreme Court ruling on a dispute between the defunct FSB International Bank and Sagecom Concepts Limited with some of them questioning the ability of Fidelity Bank (the judgement debtor) to make the payment. As the matter is still …

The effort by Lafarge Africa Plc to halt proceedings in the suit instituted against its plan to sell 83% of its shares to a foreign company in China has been rejected by the court. Justice Lewis Allagoa  of the Federal High Court in Ikoyi, Lagos, on Thursday rejected the motion …

  Fraud remains one of the most significant challenges facing the financial industry today. It spans various sectors, from banking to fintech, insurance, and capital markets, with ever-evolving tactics. This issue has been a repeated theme across most of the annual general meetings of banks attended over the last few …