By Ayomide Otitoju Sports betting company BetKing has concluded its 2025 corporate social responsibility (CSR) initiative with the delivery of healthcare, nutrition, and maternal support services across underserved communities in Lagos, Osun, Abia, and Bayelsa states. According to a statement from the company, the initiative—tagged ‘Month of Good’—ran from May 17 to June 17, and…
By Ayomide Otitoju The Nigerian Exchange (NGX) closed last week on a bullish note, as market capitalisation surged by ₦1.875 trillion, driven by increased investor interest in top-tier banking stocks including Zenith Bank Plc, Access Holdings Plc, and Champion Breweries Plc. Weekly data released by the NGX shows the All-Share Index rose by 2.35 per…
By Ayomide Otitoju Stanbic IBTC Pension Managers has called on Nigerian women to take a proactive approach to retirement planning, emphasizing financial literacy as a critical step towards long-term financial independence. The call was made by the Executive Director of Operations at Stanbic IBTC Pension Managers, Lara Osunsoko, during a media parley to launch the…
By Ayomide Otitoju The Independent Petroleum Marketers Association of Nigeria (IPMAN) has hailed the Dangote Refinery’s newly announced plan to distribute petrol and diesel free of charge to marketers nationwide, describing it as a game-changing intervention in the country’s downstream sector. Speaking on Channels Television’s Sunrise Daily on Friday, IPMAN’s National Publicity Secretary, Chinedu Ukadike,…
By Ayomide Otitoju President of Dangote Group, Aliko Dangote, has revealed that the $20 billion Dangote Petroleum Refinery is increasingly sourcing crude oil from the United States due to persistent domestic supply shortfalls. The disclosure comes as the refinery ramps up imports to meet its production target of 650,000 barrels per day. Speaking during a…
By Ayomide Otitoju As part of its 2025 Y’ello Connect initiative, telecommunications giant MTN Nigeria has trained students of St. Augustine College of Education, Akoka, Yaba, Lagos, on the ethical and responsible use of Artificial Intelligence (AI). The training, which took place on the school premises, was facilitated by MTN staff as part of the…
By Ayomide Otitoju Stanbic IBTC Holdings Plc has successfully concluded its Rights Issue of 2.94 billion ordinary shares, raising a total of ₦181.39 billion following an oversubscription of 121.97 percent. The Rights Issue, priced at ₦50.50 per share and offered on the basis of five new shares for every twenty-two held as of October 29,…
By Ayomide Otitoju Fidelity Bank Plc has assured its shareholders and stakeholders of its financial strength and commitment to regulatory compliance, following the recent circular from the Central Bank of Nigeria (CBN) regarding regulatory forbearance and Single Obligor Limit (SOL) exposures. In a statement signed by Company Secretary Ezinwa Unuigboje, the bank reaffirmed its solid…
By Ayomide Otitoju Shell Petroleum Development Company (SPDC) Nigeria Limited has confirmed its capital investment in the Bonga North deepwater project and related infrastructure, marking its first major project in Nigeria in over a decade and part of a broader $5 billion commitment to the country’s energy sector. The confirmation was made during a courtesy…
