Business

  The Nigerian Association of Road Transport Owners has expressed concern over the potential impact of the Federal Government’s impending ban on large tankers carrying over 60,000 litres of petroleum products. Also, the Petroleum Products Retail Outlets Owners Association of ...

Glo deploys infrastructure to strengthen network coverage Nigerian telecommunications company, Globacom, has intensified its nationwide network project to ensure improved customer experience, the operator said in a statement on Sunday. According to the company, the current phase of network upgrade ...

  Ecobank Nigeria has collaborated with Code 14 Labs to expand the accessibility and reach of coding education for schoolchildren across Nigeria. This collaboration was solidified with the signing of the Memorandum of Understanding in Lagos, a statement from the ...

  Alert Microfinance Bank, a subsidiary of Alert Group, has launched the second edition of its Career Bootcamp, reinforcing its commitment to equipping youths with financial and professional skills needed to thrive in today’s job market. A statement made available ...

  Nigeria’s target of 2.06million bpd crude oil production target in 2025, is achievable, the Minister of State for Petroleum, Heineken Lokpobori has said. Lokpobori said this on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, with the ...

  Wema Bank Reiterate Commitment to Empowering Women Led Businesses. …. Returns as Headline Sponsor for 2025 NBC Trade Fair Wema Bank, Nigeria’s most innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has reaffirmed its dedication ...

  The Nigerian National Petroleum Company Limited has withheld a staggering N13.763tn in revenue from the Federal Government, exacerbating struggles to fund the national budget. This is according to documents obtained from the Federal Accounts Allocation Committee following its January ...

  LAPO Microfinance Bank continues to impact the lives of Nigerian youth with its scholarship scheme. The latest beneficiary of the benevolence of the premium financial institution is Goodluck Agwu, a bright scholar, who received support from the LAPO Scholarship ...

  Cadbury Nigeria Plc has celebrated its 60th anniversary, reaffirming its commitment to value creation and sustainable growth in the country. According to a statement, the company’s former chairman, Christopher Kolade, in a recent lecture held in Lagos to commemorate ...

  The Chairman of Heirs Holdings, Mr Tony Elumelu, has stressed the need for increased oil production to fund Nigeria’s economic diversification and development. Speaking on Thursday in Abuja at the Nigeria Petroleum Industry Leadership Discourse, he emphasised the importance ...

  WEMA AT 80: 80 WINNERS TO EMERGE IN 80TH DAILY DRAW OF WEMA BANK 5 FOR 5 PROMO SEASON 4 In anticipation of its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital ...

  Airtel Nigeria has joined MTN Nigeria to raise call and internet plans by 50 percent one week after MTN Nigeria implemented a similar hike. This is part of telecom operators’ upward review of prices following the Nigerian Communications Commission ...

  Providus Bank has appointed Mr. Mahmud Tukur as a non-executive director. In a statement made available to The PUNCH on Monday, it was indicated that his appointment was ratified at the bank’s Annual General Meeting, held in Victoria Island, ...

  Access Bank Plc, through its Access Women Network, has provided financial assistance to two breast cancer patients, empowering them in their ongoing battle against the disease. In an event held by the bank in the Victoria island area of ...

  First Bank has graduated 559 delegates from its First Academy after rigorous months of training to boost its sales force. At the closeout party for delegates, which was held at the First Academy in Iganmu, Lagos, it was revealed ...

  Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the long-standing abandonment of the Brass Modern Refinery project in Bayelsa State, calling it “unacceptable.” During an inspection visit to Brass Local Government Area, Lokpobiri expressed frustration ...

  In the past week, the naira experienced a mixed performance across various segments, reflecting the Central Bank of Nigeria’s ongoing efforts to stabilise the currency. Analysts said that forex market interventions from the CBN have slowed down amidst a ...

  Nigerians have called on the Federal Government to conduct fresh tests to confirm the quality of petrol sold in filling stations across the country. This came amid allegations from a viral video that the petrol from the Nigerian National ...

  The Nigeria Security and Civil Defence Corps on Sunday warned the Nigeria Labour Congress against its planned March 1 shutdown of telecommunication services in response to the recent 50 per cent tariff hike. The Private Telecommunications and Communications Senior ...

  Keystone Bank has confirmed that it is now fully owned by the Federal Government of Nigeria, stating that the takeover will enhance its stability and facilitate a smooth recapitalisation process. The bank disclosed this in a statement on its ...

  Nigerian telecommunications operators have started implementing the long-awaited 50 per cent tariff hike following regulatory approval from the Nigerian Communications Commission as lawmakers moved to halt the rollout, citing economic hardship. The House of Representatives on Tuesday directed the ...

  Access Bank and its top officials are involved in two legal actions arising from disputes over a loan. At the heart of the face-off is a property owned by Gbolahan Obanikoro—the son of prominent Lagos politician Musiliu Obanikoro—used as ...

  In preparation for its 80th anniversary, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has unveiled the identity for its 80th anniversary celebration. Set for Friday, May 2nd, 2025, this grand anniversary ...

  The Dangote refinery says it has sold two cargoes of aviation fuel to Saudi Aramco, the national oil company of Saudi Arabia. A statement from the Lekki-based firm on Wednesday stated that the President of the Dangote Group, Alhaji ...

    Lokpobiri decries abandoned refinery project in N’Delta, vows revival Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has condemned the long-standing abandonment of the Brass Modern Refinery project in Bayelsa State, calling it “unacceptable.” During an ...