Business

  As the battle to control market share in the downstream sector rages on, no fewer than 70 tank farm owners have been compelled to cease operations in the past two years, leaving their facilities abandoned and idle as retailers ...

  Parallex Bank has reiterated its commitment to promoting a savings culture among Nigerians through various initiatives and products designed to encourage financial prudence. This was disclosed by Preye Ojeme, Head of the Public Sector Department at the Parallex Bank ...

  The Ministry of Foreign Affairs on Wednesday, announced the launch of Air Algérie’s inaugural direct flight service from Algiers to Abuja, set to begin on April 6, 2025. This is said to strengthen the diplomatic and economic ties between ...

  President Bola Tinubu on Wednesday removed Mele Kyari as the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited and appointed Bashir Bayo Ojulari as his replacement, effective April 2, 2025. The President also dissolved the company’s ...

  INJUNCTION AND STAY OF EXECUTION CARGO REMAINS UNDER ARREST   In a surprising twist of events, its decision delivered today, the Federal High Court in a surprising shift from the true nature of FirstBank ’s claim held that the ...

  Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have rejected the decision by the Dangote Petroleum Refinery to sell refined petroleum products in dollars. PETROAN urged the Federal Government not to allow ...

  Electricity consumers paid a total of N509.84bn in the fourth quarter of 2024 despite enduring five grid collapses within the same period, The PUNCH reports. The Nigerian Electricity Regulatory Commission said in a report that there were three incidents ...

  The Federal Government said it is taking necessary steps to offset the N4.7tn debt owed to power generation companies to avert a possible nationwide blackout. This came as stakeholders expressed fears that some power generation companies might be forced ...

  WEMA BANK GIVES OUT N11,000,000 TO 131 WOMEN …Commemorates women’s month through its 5 for 5 Promo Reinforcing its reputation as a pro-women and inclusion-driven bank, Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital ...

  We have been made aware of a recent publication by Thisday Newspaper, Arise Television and a video circulating, regarding a court case filed by a customer, Dr. Agbai Eke, against FirstBank. We can affirm that the allegations of fraud ...

    By Tosin Ajayi   Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country’s oldest and most distinguished financial institution, has once again solidified its reputation as a leader in the banking industry. The ...

  Nigeria and Jamaica are in talks to establish a direct flight route as part of efforts to enhance their Bilateral Air Services Agreement (BASA). This was revealed in a statement on Wednesday by Tunde Moshood, Special Adviser on Media ...

  WEMA BANK COMMEMORATES INTERNATIONAL WOMEN’S DAY 2025 …Hosts HeForShe Awards, Big Sister Programme Graduation Ceremony, others. Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has commemorated International Women’s Day 2025 in style, ...

  The Ogun State Government has shut two industries, Quantum Steel Industry in Ogijo, Sagamu Local Government, and Xinfeng Plastics Limited along the Lagos – Ibadan Expressway for Industrial accidents that resulted in alleged fatalities A statement by the Ogun State ...

  WEMA BANK SET TO COMMEMORATE INTERNATIONAL WOMEN’S DAY 2025…. To reward 131 women with N11,000,000 Cash prizes, among other activities Further solidifying its position as a gender equality and inclusion driven bank, Wema Bank, Nigeria’s most innovative bank and ...

  LG Electronics has introduced a range of smart life solutions tailored for the growing hospitality sector in the country. The unveiling took place at the 2025 Hotel, Restaurant, and Café Industries Exhibition in Lagos, where the company made its ...

  The Association of Nigerian Electricity Distributors has asked the Nigerian Air Force, the military, and the presidency to fish out officers and men of the Sam Ethnan Air Force Base, Ikeja, who attacked staff and journalists at Ikeja Electric ...

  A recent video has surfaced showcasing a warm and playful conversation between Dr. Adedeji Adeleke, father of singer Davido, and Africa’s richest man, Aliko Dangote, at a high-profile gathering The video reveals a lighthearted atmosphere, with esteemed guests mingling ...

  Lagos, Nigeria – March 5, 2025 – FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, today marks a significant milestone with the groundbreaking ceremony for its new green-certified Iconic Head Office Building in ...

The Dangote Petroleum Refinery has announced that it will refund customers who purchased Premium Motor Spirit (petrol) at rates higher than the advertised prices from any of its key partners – Ardova Plc, Heyden, or MRS – across Nigeria. The ...

  Wema at 80: 80 Wema Bank customers emerge winners in 80th daily draw of Wema Bank 5 for 5 Promo Season 4 In anticipation of the grand celebration of its 80th anniversary, Wema Bank, Nigeria’s most innovative bank and ...

  Wema Bank to Train and Empower 800,000 Nigerian Businesses …Signs MOU with Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) Reinforcing its reputation as an institution committed to empowering SMEs, Wema Bank, Nigeria’s foremost innovative bank and pioneer ...

  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 ...

  Multichoice is set to increase the prices of its DStv and GOtv packages effective from March 1, 2025. This was disclosed in a statement to its customers on Monday. The statement titled, “Price adjustments for DStv and GOtv packages,” ...

  There is looming fuel scarcity in Lagos and other parts of Nigeria as tanker drivers have stopped fuel loading over alleged harassment by officials of the Lagos State Government and the Federal Ministry of Transportation. Also, telecommunications companies have ...