Asian Banker Awards: Firstbank Maintains DominanceFriday, March 14, 2025
Through a legacy of excellence and Innovation, First Bank of Nigeria Limited, the country rsquo;s oldest and most distinguished financial institution, has once again solidified its reputation as a leader in the banking industry. The Bank was recently crowned the Best SME Bank in Nigeria and the Best ...
|
Volvo Trucks unveils The All-new Volvo VNR In North AmericaTuesday, March 11, 2025
Volvo Trucks has launched a completely new Volvo VNR for the North American regional haul market. It is built on Volvo rsquo;s new platform, making the new truck more fuel efficient, safer and more versatile. The launch of the new Volvo VNR for the regional transport segment marks the sec ... |
Mofolorunso Awomolo Foundation Empowers Ijesa Youths To Become EntrepreneursMonday, March 10, 2025
A nonprofit organization in Osun State, Mofolorunso Awomolo Foundation (MAF) has put mechanisms in place to empower ijesa youths as part of efforts to tackle unemployment in Ijesaland At a media meeting in Ilesa, Chairman, Board of Trustees, Mofolorunso Awomolo Foundation, Mr Olugbenga Awomolo to ... |
FIRSTHOLDCO: Reinforcing ESG Sustainability Initiatives As It RebrandsWednesday, February 26, 2025
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 Bureau of Statistics), any business that has crossed 15 years should be sharing insights on survival and su ... |
Dangote's Stock Under Threat As Fitch Unexpectedly Pulls All Ratings, TriggeringSunday, February 16, 2025
Dangote Industries Limited Faces Setback as Fitch Ratings Withdraws Credit Ratings Nigerian conglomerate Dangote Industries Limited has suffered a significant blow after Fitch Ratings withdrew its national long-term rating and senior unsecured rating. The ratings agency cited unresolved refinanci ... |
Court Forfeits Keystone Bank Shares To FG Over N20 Billion AMCON FraudTuesday, February 11, 2025
An Ikeja Special Offences Court ordered forfeiture of Sigma Golf Nig. Ltd. rights, title and interest in 6,250,000,000 units of Keystone Bank Ltd. ordinary shares of N1.00 each to the federal government of Nigeria. Justice Rahman Oshodi, who gave the order in a judgment delivered on Tuesday, also ... |
CBN Increases ATM Transaction Fees, Asks Banks To Begin Implementation March 1Tuesday, February 11, 2025
The Central Bank of Nigeria (CBN) has announced an upward review of the transaction fees for automated teller machines (ATMs) In a circular signed by John Onojah, acting director of financial policy and regulation department, the CBN said the revised charges will take effect from March 1. Whil ... |
U.S. IBM Exits Nigeria, Ghana, OthersThursday, February 6, 2025
International Business Machines (IBM) has announced plans to exit Nigeria, Ghana, and several key African markets. The first also planned to transfer its regional operations to MIBB, a subsidiary of Midis Group, a multinational information technology (IT) and telecommunications conglomerate. T ... |
CBN Grants BDCs Forex Market Access Extension to May 30 2025Tuesday, February 4, 2025
The Central Bank of Nigeria (CBN) has granted eligible Bureau de Change (BDC) operators more time to access the Nigerian Autonomous Foreign Exchange Market (NAFEM) for foreign exchange (FX). Initially, the CBN had granted BDC operators temporary access to NAFEM to purchase $25,000 weekly from Dec ... |
BUA Foods Achieves Record-Breaking FY 2024 Results with 109% Revenue JumpFriday, January 31, 2025
BUA Foods Plc, one of Nigeria rsquo;s leading food manufacturing companies, has announced its unaudited financial results for the fiscal year 2024, posting significant growth across all key performance indicators. The company rsquo;s resilience, operational efficiency, and strategic expansion effort ... |
show more stories