By Ayomide Otitoju First Bank of Nigeria Limited (FirstBank) has announced the launch of the Verve Flash Promo, a nationwide campaign offering free Verve debit cards to customers whose ATM cards have expired. The initiative, which began on October 6, 2025, and runs until January 30, 2026, will reward 131 customers daily on a first-come,…
By Ayomide Otitoju Sterling Financial Holdings Company Plc (Sterling HoldCo) has reported a 127% year-on-year increase in profit after tax (PAT) to ₦62.3 billion for the nine-month period ended September 30, 2025, underscoring the Group’s strong earnings capacity, operational efficiency, and disciplined execution. The Group’s gross earnings grew by 44.1% to ₦341.7 billion, up from…
By Ayomide Otitoju The Federal Government has released approximately ₦2.3 billion to settle salary arrears and backlogs for the Academic Staff Union of Universities (ASUU) and other university-based unions. A statement on Wednesday by Folasade Boriowo, Director of Press and Public Relations at the Ministry of Education, said the funds, representing Batch 8 salary and…
By Ayomide Otitoju London, UK – British oil and gas giant Shell reported a 24 percent increase in net profit for the third quarter, as improved trading margins and higher sales volumes offset declining oil prices. Profit after tax rose to $5.3 billion for the three months ending September, up from $4.3 billion a year…
By Ayomide Otitoju The Nigerian National Petroleum Company (NNPC) Limited is seeking technical equity partners to revive three of its idle refineries, which have remained non-operational despite substantial investments. Group Chief Executive Officer, Bayo Ojulari, disclosed the plan in a post on X on Thursday, emphasizing the need to ensure the refineries run efficiently. With…
By Ayomide Otitoju An Economic and Financial Crimes Commission (EFCC) investigator, Eneanya, testified in court on Friday that the alleged unlawful naira redesign policy caused significant hardship for Nigerians. Eneanya, part of the EFCC team that investigated the exercise, told the court that his team reviewed documents, electronic records, and audiovisual materials to assess the…
By Ayomide Otitoju Nigeria’s recurring fuel scarcity and long queues at filling stations, often witnessed during festive seasons, appear to be easing following the impact of the Dangote Refinery’s Direct Delivery Scheme. According to recent market data, the average pump price of Premium Motor Spirit (PMS) dropped from about ₦1,030 per litre in September 2024…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, on Friday, closed the trading day at the Nigerian Exchange (NGX) to commemorate Lagos Fashion Week, an event celebrating creativity, enterprise, and the fashion industry’s growing role in sustainable economic transformation. The Governor, accompanied by members of his cabinet, was joined by Grammy Award-winning international superstar Ciara…
By Ayomide Otitoju In the quiet village of Gnamagnoa, western Côte d’Ivoire, 65-year-old farmer François Dadi Serikpa tends to his coffee trees with renewed purpose. A former bus driver turned coffee farmer after retirement, Serikpa has found both prosperity and pride through the Nescafé Plan — a global initiative by Nestlé aimed at making coffee…
