By Ayomide Otitoju From London to Los Angeles, Chinese toymaker Pop Mart’s quirky monster doll, Labubu, is making waves globally—drawing crowds to retail stores and catching the attention of celebrities like Rihanna and Cher. The wide-eyed, fanged figurines, sold in $40 “blind boxes,” have become unexpected ambassadors of Chinese pop culture, subtly reshaping global perceptions…
By Ayomide Otitoju The Presidential Compressed Natural Gas Initiative (PCNGI) has hailed the Dangote Refinery’s plan to deploy 4,000 Compressed Natural Gas (CNG)-powered trucks across Nigeria, describing it as a game-changing move for the nation’s energy transition and transport sector. Speaking on the sidelines of the recently concluded West Africa Economic Summit in Abuja, PCNGI…
By Ayomide Otitoju Fidelity Bank Plc has announced the promotion of 376 employees, accounting for approximately 12% of its total workforce, following the conclusion of its 2024 annual performance review. The promotions come amid the bank’s record-breaking financial results and ongoing commitment to staff welfare. In 2024, Fidelity Bank posted a remarkable 210% increase in…
By Ayomide Otitoju Ibom Airlines Limited (Ibom Air) has held its inaugural public Annual General Meeting (AGM), signaling a new era of corporate transparency and performance accountability. The event, held at the Four Points by Sheraton Hotel in Ikot Ekpene, Akwa Ibom State, was convened at the request of the airline’s sole shareholder, Governor Umo…
By Ayomide Otitoju Ecobank Nigeria has been named one of five Nigerian banks selected to participate in the prestigious GET.Invest Enabling Domestic Green Energy (EDGE) Finance Programme, an initiative backed by a coalition of European donors aimed at boosting green energy investments in developing economies. The programme was officially launched at Ecobank’s Lagos headquarters. Lawrence…
By Ayopmide Otitoju A former Director of Air Transport Management in the Federal Ministry of Aviation and Aerospace Development, Hassan Tai Ejibunu, has called on oil companies and other offshore operators reliant on helicopter transport to comply with the newly enforced Helicopter Landing Levy. Speaking in support of the regulatory measure introduced by the Nigerian…
By Ayomide Otitoju Fidelity Bank Plc has strengthened its commitment to youth empowerment by partnering with Ashoka, a global network of social entrepreneurs, to support young innovators across Nigeria. At the 2025 Ashoka Young Changemakers Festival in Lagos, Fidelity Bank’s Divisional Head of Product Development, Osita Ede, highlighted the bank’s support for creative youth as…
By Ayomide Otitoju Dangote Cement Plc has recorded its highest-ever earnings before interest, tax, depreciation, and amortisation (EBITDA), crossing the N1 trillion mark for the first time with a 2025 figure of N1.38 trillion—up 56 percent year-on-year. Chairman Aliko Dangote, presenting the company’s performance at its annual general meeting, also announced a dividend of N30…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has announced the expansion of its Compressed Natural Gas (CNG) network with the launch of new stations in Abuja, Ibadan, and Abeokuta, as part of its broader clean energy initiative. In a statement on Monday via its official X platform, the company said: “We are…
