Nigeria’s industrial and financial heavyweights moved to deepen a partnership that has quietly underpinned decades of enterprise growth, as the Founder and Chairman of BUA Group, Abdul Samad Rabiu, hosted the Chairman of United Bank for Africa, Tony Elumelu and his executive management team at BUA Group’s corporate headquarters …
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…Declares Another Record Dividend of ₦12.76k; Re-affirming Unrivalled Capacity to Creating Value Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the year ended December 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The …
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SIFAX Group and its Chairman, Dr. Taiwo Afolabi, recorded a remarkable outing at the Maritime Industry Merit Awards (MIMA) 2025, clinching three prestigious honours in recognition of their outstanding contributions to Nigeria’s maritime and corporate landscape. At the awards ceremony held in Lagos, SIFAX Group received the award for …
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Growth slowed in the Nigerian private sector at the end of the first quarter of the year as higher fuel costs led to a steep intensification of inflationary pressures. Output growth was only modest, but underlying demand reportedly remained resilient, leading to a further sharp rise in new orders. In …
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The Managing Director of Guaranty Trust Bank, Miriam Olusanya has identified Leadership, Technology and Inclusion as the forces that will define true disruption in African finance ecosystem. Speaking recently as the Keynote speaker at the 2026 Marquee event of the Association of Professional Women Bankers, on the theme, “Disrupting …
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Ahead of the 2027 general elections, Ebonyi State indigenes living in Lagos State have declared their support for Governor Francis Nwifuru’s bid for a second term in office. They also endorsed two federal lawmakers: Kama Nkemkanma, who represents Ohaozara/Onicha/Ivo Federal Constituency, and Anthony Okorie Ani of Ebonyi South Senatorial District. …
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World Bank Group has said that it is working with governments, the private sector, regional partners, and other stakeholders to help them through this new set of challenges posed by the U.S.—Israel war on Iran. The Multilateral Institution in a statement, said “A number of the World Bank Group’s clients …
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The Minister of the Federal Capital Territory, Barr. Nyesom Wike has firmly denied endorsing any candidate for forthcoming political contests in Rivers State, declaring that only President Bola Ahmed Tinubu has the group’s official backing ahead of the 2027 elections. Wike made this known while addressing a joint meeting of …
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Billionaire Industrialist, Philantropist, and Chairman of BUA Group, Abdul Samad Rabiu, has emerged as Africa’s biggest wealth gainer in the 2026 Africa’s Richest People ranking published by Forbes, after his net worth rose sharply over the past year. According to the latest Forbes list, Rabiu’s wealth surged 120 percent to …
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Following a major breach of FCMB’s digital applications, the EFCC has remanded a suspected syndicate member involved in the ₦3.09 billion cyber-enabled fraud. First City Monument Bank (FCMB), one of Nigeria’s leading Tier-2 financial institutions, has reportedly lost a staggering sum of N3.09 billion to suspected cybercriminals. One of the …
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