Business

  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 ...

  Adams Oshiomhole, chairman of the Senate Committee on Interior, has doubled down on his allegation that some retired military generals, in connivance with foreigners, are stealing Nigeria’s solid minerals Oshiomhole clarified his initial claim on Arise TV’s Prime Time ...

  As controversies trailed the purported electricity tariff hike by the Federal Government, the Nigerian Electricity Regulatory Commission has issued regulations on the procedure for tariff reviews. The latest order, signed by NERC Chairman, Sanusi Garba, stated that pursuant to ...

  Some oil marketers are beginning to change the logo of the Nigerian National Petroleum Company Limited on their filling stations, as the dealers dump the franchise deals with NNPCL due to the stiff competition in the prices of refined ...

  JEZCO GROUP: YET ANOTHER REMARKABLE FEAT AS JEZCO OPENS A NEW FUEL STATION IN AWKA . . .Gives Free Fuel And Engine Oil To Numerous Drivers Who Attended The Event In a bold move to spread wider, expand its ...

  Elon Musk and President Donald Trump shut down the embattled government agency tasked with humanitarian relief overseas after they agreed the organization was ‘beyond repair’ The billionaire ‘first buddy’ led a civilian review of the federal government with Trump’s ...

  Teni is over the moon after winning a staggering $50,000 from her $25,000 stake on the Arsenal vs Manchester City match. Arsenal’s impressive 5-1 win over Manchester City doubled Teni’s initial stake, leaving her with a hefty payout. Teni ...

  The Federal Government says Nigerians should brace up for fresh electricity tariffs in months. President Bola Tinubu’s Special Adviser on Energy, Olu Verheijen, said this in an interview in Dar es Salaam, Tanzania, according to Bloomberg. Verheijen was in ...

  President Donald Trump will impose tariffs Saturday on the three largest US trading partners – Canada, Mexico and China – the White House said, sparking concern for global trade. Trump has reiterated plans for 25 percent tariffs on neighbors ...

  US President Donald Trump, on Thursday, threatened the BRICS group of emerging economies with 100 per cent tariffs if they move away from the US dollar as an international means of payment. “The idea that the BRICS countries are ...