Category: Business
Deregulation: IPMAN, Stakeholders, Laud Polaris Bank, Emadeb Energy for landmark 20,000 metric tonnes PMS import
The Independent Petroleum Marketers Association of Nigeria (lPMAN) has commended Polaris Bank, Nigeria's leading digital commercial Bank and Emadeb En [...]
Union Bank drags Swift Networks to Court, gets restraining order from operating 24 bank accounts over N7bn debt
The Federal High Court sitting in Lagos has granted Union Bank Plc. an interim order of Mareva Injunction restraining Swift Networks Limited and its a [...]
Vice Chancellors hail Dangote’s impact on Nigeria’s agricultural revolution
President of Dangote Group, Aliko Dangote has been hailed as a foremost entrepreneur whose laudable interventions in the agricultural sector in Nigeri [...]
Fidelity Bank reclassified as Medium Price Stock
Following a bullish run in the stock market in recent months, the Nigerian Exchange Limited (“NGX”) on Friday announced the reclassification of Fideli [...]
Agusto & Co. affirms Fidelity Bank’s ‘A’ rating with stable outlook
Pan-African credit rating agency, Agusto & Co. has affirmed the ‘A’ rating assigned to Fidelity Bank Plc and assigned an ESG score of ‘2’ in refle [...]
Guaranty Trust Bank named best bank in Nigeria by Euromoney
Guaranty Trust Bank Ltd has been named Best Bank in Nigeria at the Euromoney Awards for Excellence 2023.
This marks a record 12th time that Guarant [...]
Benedict Peters in debt of $2.6bn debt to Shell Nigeria Plc, 7 banks
British multinational oil company, Shell Nigeria Plc has alleged that oil mogul, Benedict Peters is neck deep in debt to it to the tune of $2.6 billio [...]
Trial of First Bank’s official over fraud, stealing, begins September 21
An Osun State High Court sitting in Ila-Orangun has fixed September 21, 2023, for the arraignment of two officials of the First Bank Plc, Kehinde Davi [...]
Dangote Cement increases capacity with new plants in Nigeria, Cote d’Ivoire, Ghana
Dangote Cement has concluded plans to expand its production capacity through the construction of a new 6Mt integrated cement plant in Itori, Ogun [...]
Forbes 2023 Index: Dangote still Africa’s richest for 12th consecutive year
For the 12th year consecutively, Aliko Dangote, President of the pan-African Conglomerate, the Dangote Group has emerged the richest man in Africa, de [...]