Business

The National Industrial Court sitting in Lagos has fixed March 19, 2025 to begin trial in a suit between Oluseyi Owolabi and TAJ Bank limited over a bribery allegation. The court presided by Justice Essien adjourned the case following an application by the defendant for extension of time within which …

Stanbic IBTC Bank, a prominent financial institution in Nigeria, has partnered with Autochek, an innovative automotive technology firm, to facilitate access to car ownership in Nigeria. This collaboration has disbursed over ₦4 billion in loans since its inception in August 2024; empowering numerous individuals to purchase their desired vehicles. With approximately …

Subscribers to technology company, Globacom, are poised to receive 15 per cent bonus airtime on every E-top up purchase in a new offer available to all customers who utilize digital airtime recharge services. Glo E-top up grants a seamless and convenient way for customers to recharge airtime from the comfort of their homes or …

By A.Ezekiel   In a world where approximately 20% of new businesses fail within the first two years, 45% within five years, 65% within ten years, and only 25% make it to 15 years or more (according to the US Bureau of Statistics), any business that has crossed 15 years …

Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65 off the previous price of N890, bringing it down to N825 per litre at the gantry (ex-depot). This follows a N60 reduction on February …

    As part of its ongoing efforts to enhance the quality of life for households and empower women in underserved communities, GTCO PLC at the weekend launched its Waste for Gas initiative which saw over 3,000 residents of Obafemi Owode Local Government Area of Ogun State, receive a unit …

In a significant boost to education in Abia State, Stanbic IBTC has unveiled an extensive renovation of Ibeku High School in Umuahia, marking another milestone in its nationwide Adopt-A-School initiative. The transformative project demonstrates the financial institution’s ongoing commitment to revolutionising educational facilities across Nigeria. The comprehensive upgrade has transformed …

The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has said it would dialogue with Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the outstanding payments of N100 billion bridging claims to its members rather than shutting down operations. Dr Joseph Obele, National Public Relations Officer (PRO), PETROAN said …

  In a significant move to streamline pension management and enhance customer experience, Stanbic IBTC Pension Managers, a prominent Pension Fund Administration firm, has announced the relaunch of its comprehensive suite of self-service options through an informative webinar session recently conducted. This forms part of the company’s ongoing efforts to …

Retail lender, Unity Bank Plc posted gross earnings of N59.3 billion for the full year ended December 31, 2023, representing a growth of 3.84% year-on-year. In its audited financials submitted to the NGX Group Limited, the Bank also witnessed improvements across key performance indicators, including a significant appreciation of customer …