Category: Business

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Stanbic IBTC accused of debiting Nord Automobiles account without prior notice

Stanbic IBTC accused of debiting Nord Automobiles account without prior notice

Founder and Chief Executive Officer of Nigerian auto manufacturer Nord Automobiles, Oluwatobi Ajayi, has accused Stanbic IBTC Bank of unilaterally deb [...]
Tony Elumelu’s electricity company, AEDC sack over 800 workers

Tony Elumelu’s electricity company, AEDC sack over 800 workers

Tony Elumelu’s Abuja Electricity Distribution Company (AEDC) is in crisis as the electricity firm has sacked over 800 employees, even as Nigerians con [...]
Glo launches ‘Collabo Bundles’ to give more value to voice, data users

Glo launches ‘Collabo Bundles’ to give more value to voice, data users

In a bold move to deliver greater value and convenience to its subscribers, Globacom has introduced an exciting new offer, the “Glo Collabo Bundles” c [...]
Again, Tinubu goes cap in hand to NASS for fresh N1.150trn loan approval, 6 days after securing $2.3bn external borrowing approval

Again, Tinubu goes cap in hand to NASS for fresh N1.150trn loan approval, 6 days after securing $2.3bn external borrowing approval

President Bola Tinubu has asked the Senate to approve a fresh N1.150 trillion loan programme as part of the resources to fund Nigeria’s 2025 budget. [...]
Access Bank given go ahead by British bank to recover $220m debt from Orjiako

Access Bank given go ahead by British bank to recover $220m debt from Orjiako

A British Virgin Islands (BVI) commercial court has ruled in favour of Access Bank Plc, as the Nigerian lender moves to recover a $220 million debt fr [...]
SheGlows 2025 Summit:  A celebration of women’s wellness, empowerment

SheGlows 2025 Summit: A celebration of women’s wellness, empowerment

Globacom on Friday hosted the vibrant 2025 SheGlows Summit, bringing together its female staff for an evening of inspiration, community, and personal [...]
Zenith Bank’s gross earnings surge 16% to N3.4trn, as PBT hits N917.4bn in Q3 2025

Zenith Bank’s gross earnings surge 16% to N3.4trn, as PBT hits N917.4bn in Q3 2025

Zenith Bank Plc has released its unaudited financial results for the nine months ended 30 September 2025, with a remarkable 16% year-on-year growth in [...]
Oando accused of refusing to settle unpaid debt, causing financial stress on Rivers-based company

Oando accused of refusing to settle unpaid debt, causing financial stress on Rivers-based company

Oando Plc led by oil mogul, Wale Tinubu is under pressure after Irad Investment Ltd. an engineering and services company based in Rivers State, accuse [...]
GTCO Plc releases 2025 Q3 unaudited results, reports profit before tax of ₦900.8bn

GTCO Plc releases 2025 Q3 unaudited results, reports profit before tax of ₦900.8bn

Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements as of September 3 [...]
How Glo energized 2025 Ofala festival with grand prizes 

How Glo energized 2025 Ofala festival with grand prizes 

Globacom reinforced its position as a major supporter of Nigerian culture with a superlative showing at the 2025 Ofala Festival in Onitsha, culminatin [...]
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