By Ayomide Otitoju President of Dangote Group, Aliko Dangote, has reiterated his company’s commitment to tackling unemployment in Nigeria, pledging to continue creating jobs and supporting national industrialisation. Speaking to journalists at the Dangote Refinery complex on Monday, Dangote dismissed concerns that the company’s new Compressed Natural Gas (CNG)-powered truck fleet would displace workers, stressing…
By Ayomide Otitoju Adron Homes and Properties has unveiled the 2025 edition of its Lemon Friday Plus Promo, offering Nigerians the chance to acquire land at discounted rates while enjoying festive season rewards. Under the scheme, prospective homeowners can make an initial deposit as low as ₦50,000 and spread payments across 24 months. Subscribers will…
By Ayomide Otitoju The Young Christian Fellowships in Nigeria Without Borders (YCFNB) has declared a 14-day national fasting and prayer campaign, from September 15 to 29, to “stand against perceived threats” to the operations of the Dangote Refinery. In a statement signed by Rev. Samuel Pam and Pastor JohnGrace Achaluda, the group said the initiative…
By Ayomide Otitoju Tier-one lender, Fidelity Bank Plc, will spotlight fintech’s growing role in cross-border trade at the upcoming Fidelity Nigeria International Trade and Creative Connect (FNITCC) in Atlanta, USA. The high-profile panel session, themed “Digital Railroads: Powering U.S.–Africa Commerce Through Fintech”, is scheduled for Friday, 19 September 2025, and will examine how digital finance…
By Ayomide Otitoju Fidelity Bank Plc has commenced the disbursement of the Federal Government’s MSME Intervention Fund, administered by the Bank of Industry (BOI), with a strategic focus on empowering women-owned businesses across Nigeria. The scheme is aimed at providing accessible financing to micro, small, and medium enterprises (MSMEs) in all 36 states, aligning with…
By Ayomide Otitoju Locally produced polypropylene from the Dangote Petroleum Refinery and Petrochemicals has been hailed as a breakthrough for Nigeria’s manufacturing sector, following its showcase at PROPAK West Africa 2025, the region’s premier packaging, plastics, printing, and processing exhibition. The product, unveiled at the 12th edition of the annual event in Lagos, drew acclaim…
By Ayomide Otitoju The Dangote Group, Niger Foods, and Africa Rice have entered into a strategic collaboration aimed at scaling up rice production in Nigeria to meet growing national demand. Chairman of Niger Foods, Engr. Sammy Adigun, disclosed the initiative in Osogbo on Sunday, stating that Niger Foods alone is targeting an output of over…
By Ayomide Otitoju Wema Bank Plc has announced the successful completion of its ₦150 billion Rights Issue, approved by both the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). The exercise, which ran from April 14 to May 21, 2025, was oversubscribed, lifting the bank’s qualifying capital to ₦214.7 billion —…
By Ayomide Otitoju Sterling Financial Holdings Company Plc (Sterling HoldCo) has released its financial forecasts for the fourth quarter ending December 31, 2025, projecting gross earnings of ₦149.27 billion. The outlook builds on its strong half-year performance, during which profit after tax rose by 157 percent, gross earnings climbed 39.7 percent to ₦212.61 billion, and…
