By Ayomide Otitoju The Minister of Solid Minerals Development, Dr. Dele Alake, has lauded Dangote Cement Plc, Ibese Plant, for its continued investment in agricultural development and food security through its Farmers Empowerment Programme. Speaking at the 2025 edition of the programme in Ibese, the Minister—represented by Mines and Environment Compliance Officer (South-West), Mr. Mathew…
By Ayomide Otitoju Stanbic IBTC Bank, a member of Standard Bank Group, has emerged as a double winner at the Euromoney Awards for Excellence 2025, clinching titles for Best Bank for Securities Services and Best Bank for SMEs in Nigeria. The awards recognize Stanbic IBTC’s commitment to operational excellence and tailored financial services. The Securities…
By Ayomide Otitoju Fidelity Bank Plc has launched the Fidelity SME Empowerment Program (FSEP) to equip 100 growth-ready Nigerian small businesses with digital tools and operational support. The initiative was unveiled on July 23 at the bank’s SME Hub in Gbagada, Lagos. The program provides selected SMEs with ERPRev-enabled POS systems, inventory tools, branding support,…
By Ayomide Otitoju Globacom has become the first telecom operator in Nigeria to introduce a device protection plan for mobile users, in collaboration with technology partner Cubecover. The new service allows Glo subscribers to insure their phones against screen or water damage for as little as ₦50 daily, ₦300 weekly, or ₦600 monthly. Customers can…
By Ayomide Otitoju President of Dangote Industries Limited, Aliko Dangote, has called on African governments to implement protectionist policies for local manufacturers, warning against the continent becoming a dumping ground for low-grade petroleum products. Speaking at the West African Refined Fuel Conference in Abuja, Dangote criticized the importation of substandard fuel from abroad—particularly discounted Russian-blended…
By Ayomide Otitoju The Access Bank UK Charity Polo Day returned to the Guards Polo Club in Windsor, celebrating a decade of philanthropic partnership with Fifth Chukker and UNICEF. This year’s edition reaffirmed the initiative’s commitment to improving access to quality education in rural Nigeria. What began as a high-profile sporting event has evolved into…
Amazon is closing its artificial intelligence (AI) research lab in Shanghai, marking the latest strategic retreat by a major tech firm amid rising U.S.-China tensions, the Financial Times reported on Wednesday. The move comes as Amazon implements global job cuts and joins other tech giants like Microsoft and Meta in reshaping operations to prioritize AI…
Coca-Cola has announced plans to introduce a U.S. version of its flagship beverage sweetened with domestically grown cane sugar, following public calls from President Donald Trump. “We’re going to be bringing a Coke sweetened with U.S. cane sugar into the market this fall, and I think that will be an enduring option for consumers,” CEO…
By Ayomide Otitoju The United States became a net exporter of crude oil to Nigeria for the first time in February and March 2025, according to a new report by the U.S. Energy Information Administration (EIA). The development marks a historic shift in the trade relationship between the two countries, with the U.S. typically importing…
