FirstBank, the West African premier bank and financial inclusion service provider, is proud to announce a strategic collaboration with EStars Education Africa Limited (EStars), a global leader in educational esports. Empowering the Next Generation of Esports Professionals The partnership provides a platform for[Read More…]
Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. Speaking at the bank’s 37th Annual General Meeting (AGM) held virtually on Tuesday, April 29, 2025, the National Chairman of The Progressive[Read More…]
The United Bank for Africa (UBA) has declared a gross revenue of N3.19 trillion and a profit after tax of N767 billion for the 2024 financial year. Chairman, Board of Directors of UBA, Mr Tony Elumelu announced the feat at the bank’s 63rd Annual General Meeting (AGM) on Friday[Read More…]
Governor Lucky Aiyedatiwa has said that Ondo State is exploring opportunities to leverage pension funds for infrastructural development in the state. The Governor stated this when he received a delegation from the National Pension Commission (PenCom) led by the Director General, Ms. Omolola Oloworaran in Akure, recently.[Read More…]
The Federal Government says plans were underway to offset the N4 trillion debt owed to the Power Generation Companies (GenCos) for electricity generated. Special Adviser, Strategic Communications and Media Relations to the Minister of Power, Mr Bolaji Tunji, told the News Agency of Nigeria (NAN) in Abuja on Tuesday that[Read More…]
President Bola Tinubu on Monday declared a national emergency on food security, urging expanded irrigation infrastructure and participatory water resource management nationwide. Tinubu made the declaration while opening the 6th African Regional Conference on Irrigation and Drainage in Abuja. He was represented by the Secretary to[Read More…]
… Eliminates bank transfer fees In a bold move that resets the rules of engagement in the Nigerian banking sector, Sterling Bank has removed transfer fees on its digital banking platform, OneBank. This decisive move makes Sterling the first major Nigerian bank to forgo earning a cut[Read More…]
The Nigerian Electricity Regulatory Commission, NERC, has descended hard on some Electricity Distribution Companies, DisCos over excessive billing of electricity consumers. Consequently, the regulatory agency has slammed Abuja, Eko, Enugu, Ikeja, Jos, Kaduna, Kano, and Yola DisCos with a hefty fine of N628.03 million for non-compliance with its capping[Read More…]
Dangote refinery has announced a reduction in the price of his fuel to N865 following a drop in the price of crude oil in the global market. The new reduction is a N15 downward review from N880 per litre sold by the refinery on Wednesday. The[Read More…]
The Federal Government is engaging in consultations with the United States and World Trade Organisation (WTO) to find mutually beneficial solutions to the recent tariff measures announced by the Donald Trump administration. Minister of Industry, Trade and Investment, Dr Jumoke Oduwole hinted at the consultations in a press statement[Read More…]
