Business

…Tasks him to drive Investment and job creations in emerging economies The President and Chief Executive of the Dangote Group, Aliko Dangote, has been appointed to the World Bank’s Private Sector Investment Lab, joining a select group of global business leaders tasked with driving investment and job creation in emerging …

Stanbic IBTC Bank, a leading financial institution committed to driving economic growth in Nigeria and beyond, has announced its strategic sponsorship of GTR West Africa 2025, the region’s premier annual gathering for trade finance, supply chain, and export financing experts. The event, which is set to take place on April …

The Kano Electricity Distribution Company (KEDCO) says power supply to customers under its coverage has reduced due to “critical network upgrades”. KEDCO announced while denying claims that customers receive two hours of daily electricity supply. On April 22, reports had suggested that electricity consumers in Kano, Katsina, and Jigawa states …

The National Pension Commission (PenCom) has announced the recovery of ₦1.58 billion from defaulting employers through enhanced enforcement efforts. This information was shared by the Director General of PenCom, Ms Omolola Oloworaran, on Wednesday in Kano during the First Run 2025 Consultative Forum for States and the Federal Capital Territory …

      Following the Central Bank of Nigeria’s directive to harmonize exchange rates and the subsequent spike in the dollar-to-naira rate—reaching over ₦1,600/$1 in official markets— Nigeria’s commercial banking, ride-hailing, and telecommunications sectors demonstrated media resilience in Q1 2025. This is the key insight from a comprehensive sentiment audit by P+ …

Ecobank Nigeria has announced a revision of its SMS notification charges, increasing the cost from N5 to N6 per message, effective May 1, 2025. Travel blogs The upward review, communicated to customers via SMS, is attributed to new tariff structures. In the official message to account holders, the bank stated: …

Union Bank of Nigeria Plc led by Yetunde Oni, is currently grappling with a massive N9.3 billion fraud following a significant operational system breach, THE WITNESS reports. The development comes exactly one year and three months after the Central Bank of Nigeria (CBN) sacked the bank’s board and entire management, …

Nigeria’s technology and communications solutions provider, Globacom, has cheered the Nigerian Christian community on the Easter celebration this year. The company also entreated them to follow in the exemplary footsteps of Jesus Christ. In a greeting of goodwill to the nation’s Christians, the company praised their tenacity over the Lenten …

Stanbic IBTC Trustees, a subsidiary of Stanbic IBTC Holdings, has been recognised as the Most Customer-Focused Trust and Investment Company of the Year – Nigeria at the 2025 West Africa Innovation Awards (WAIA). The Trustee was honoured with the prestigious Diamond Award for Customer Service Excellence, affirming its leadership in delivering customer-centric …

…dedicates award to NNPCL Media Team The Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Olufemi Soneye, has reacted to his emergence as the Nigerian Institute of Public Relations (NIPR) Spokesperson of the Year 2025. The prestigious award was presented during a highly competitive event …