By Ayomide Otitoju Access Holdings Plc has appointed Mr. Innocent Ike as its substantive Group Managing Director/Chief Executive Officer, effective August 29, 2025, following regulatory approval. The announcement, contained in a statement signed by the company secretary, Sunday Ekwochi, came hours after Roosevelt Ogbonna resigned from the board in line with new corporate governance rules…
By Ayomide Otitoju FirstBank has announced that it has disbursed over ₦1 trillion in digital loans since the launch of its instant lending platform in 2019, marking a historic milestone in Nigeria’s financial services sector and redefining access to credit for millions. For decades, Nigeria’s credit system excluded a large segment of the population, especially…
By Ayomide otitoju Group Managing Director of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari, says Nigeria’s crude oil pipeline and terminal receipts have risen to nearly 100 per cent, following intensified security operations against crude theft and pipeline vandalism. Ojulari disclosed this on Monday at the 2025 African Chiefs of Defence Staff Summit,…
By Ayomide Otitoju The atmosphere at the Ondo State Specialist Hospital, Akure, was filled with relief and gratitude as the Glo Foundation, the corporate social responsibility arm of Globacom, paid the delivery costs of 35 women and distributed essential baby items, including diapers and relief materials. The initiative, warmly received by the beneficiaries, forms part…
By Ayomide Otitoju Polaris Bank Plc, in partnership with the Nigeria Conservation Foundation (NCF), has launched a tree-planting campaign in Rivers State to combat carbon emissions and promote sustainable environmental practices. The initiative was unveiled at Bodo City Girls Secondary School in Gokana Local Government Area, according to a statement from the bank. It marks…
By Ayomide Otitoju FCMB Group Plc has announced plans to raise equity capital as part of efforts to strengthen its financial base and support its regional and international growth strategy. In a notice filed with the Nigerian Exchange and communicated to stakeholders, the company disclosed that its Board of Directors, acting on shareholders’ approval at…
By Ayomide Otitoju Nigeria’s oil production climbed to an average of 1.71 million barrels of oil per day (bopd) in July 2025, according to fresh data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The output included 1.507 million bopd of crude oil and 204,864 bopd of condensates, marking a 9.9% increase from July…
Japan has lodged a formal protest with China after confirming what it described as Beijing’s unilateral efforts to develop gas fields in contested areas of the East China Sea, Tokyo’s foreign ministry said late Monday. The ministry said it had verified that China was installing drilling rigs in waters where the two countries’ exclusive economic…
Korean Air has announced plans to purchase more than 100 Boeing aircraft in what it described as the largest aviation deal in South Korea’s history, just hours after South Korean President Lee Jae-myung met with U.S. President Donald Trump in Washington. In a statement on Tuesday, the airline said it intends to acquire 103 next-generation…
