By Ayomide Otitoju As Muslim families across Nigeria mark Eid el-Kabir, JMG Limited has joined in celebrating the season’s message of reflection, sacrifice, and unity with warm greetings and a special promotional campaign. The company, a leader in integrated electromechanical solutions, is commemorating the festival with its Big Sallah Promo, running from May 26 to…
By Ayomide Otitoju Ecobank Nigeria has officially flagged off the fourth edition of its Adire Lagos Exhibition Fair, a colourful and commercially driven celebration of Nigeria’s indigenous fashion heritage. The four-day event, taking place from June 5 to 8 at the Ecobank Pan African Centre on Ozumba Mbadiwe Avenue, Victoria Island, Lagos, aims to promote…
By Ayomide Otitoju Union Bank of Nigeria has announced a strategic partnership with the Pan-African Payment and Settlement System (PAPSS) to provide simplified and instant cross-border money transfers across select African countries. The collaboration aims to enhance financial connectivity in support of the African Continental Free Trade Agreement (AfCFTA). PAPSS is a financial market infrastructure…
By Ayomide Otitoju Wema Bank Plc has been awarded the prestigious title of ‘Commercial Bank of the Year’ at the 2025 Nairametrics Capital Market Choice Awards (NCMC Awards), cementing its position as one of Nigeria’s leading financial institutions. The award was presented during a high-profile gala held on May 23 at the Civic Center, Lagos,…
By Ayomide Otitoju Zenith Bank Plc has once again solidified its position as a dominant force in Nigeria’s banking sector, emerging as the “Best Bank in Nigeria” at the 2025 Global Finance Best Banks Awards. This marks the fifth time in six years the bank is receiving the honour from the prestigious international financial publication….
By Ayomide Otitoju The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, on Tuesday commissioned the first-ever Liquefied to Compressed Natural Gas (LCNG) hub in Nigeria’s North-East, marking a major milestone in the federal government’s Decade of Gas initiative. Speaking at the inauguration ceremony in Yola, Adamawa State, Ekpo described the project, developed by…
By Ayomide Otitoju The Federal Government has unveiled plans to import high-yield dairy cattle from Denmark as part of a broader initiative to cut down on the country’s $1.5 billion annual dairy import bill and double local milk production within five years. Minister of Livestock Development, Idi Maiha, announced the initiative on Monday, stating that…
By Ayomide Otitoju Nigeria’s oil and gas sector revenue soared by 70.49 per cent in February 2025 compared to the same period in 2024, despite a slight dip in crude oil production, according to the Central Bank of Nigeria’s (CBN) latest economic report. The CBN disclosed that the Federal Government earned ₦813.22 billion from petroleum…
By Ayomide Otitoju Abbey Mortgage Bank Plc has reported a 22.6 per cent increase in its profit after tax for the 2024 financial year, reaching ₦1.07 billion, up from ₦871.28 million recorded in 2023. The figures were disclosed at the bank’s 33rd Annual General Meeting, held recently in Lagos. According to the audited financial statements…
