By Ayomide Otitoju The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has held talks with the Group Chief Executive of Standard Chartered PLC, Bill Winters, on financing opportunities to support the company’s growth ambitions and commercial transformation. The meeting, which took place at the NNPC Towers in Abuja, focused on strategies…
By Ayomide Otitoju Former Managing Director of Shell Nigeria Exploration and Production Company Limited (SNEPCo), Elohor Aiboni, has been appointed Executive Vice President and Country Chair Nigeria, becoming the first Nigerian to hold the combined leadership position at Shell in the country. Aiboni succeeds Marno de Jong, who is leaving the energy company after a…
By Ayomide Otitoju Lagos State Governor, Babajide Sanwo-Olu, has commended the European Investment Bank (EIB) for its support of the Omi Eko Project, describing it as a transformative initiative that will improve urban mobility, boost economic productivity and enhance the quality of life for residents. Sanwo-Olu gave the commendation on Friday while receiving an EIB…
By Ayomide Otitoju The Lagos Leather Fair (LLF) 2026 has unveiled the second cohort of exhibitors for its “Beyond the Hide” showcase, highlighting a new wave of designers and brands pushing the boundaries of craftsmanship, sustainability, and luxury within Nigeria’s leather industry. The organisers said the latest group of exhibitors brings fresh perspectives to the…
By Ayomide Otitoju As innovation continues to dominate discussions across Africa’s technology ecosystem, Emelia Sunday-Edet, Head of Product at FlashChange, has cautioned that innovation without accountability amounts to experimentation, warning that unchecked technological growth could expose millions of users to significant risks. In an opinion piece, Sunday-Edet observed that innovation has become a widely used…
By Moyinoluwa Ojegbade The rising cost of flour and other baking ingredients is increasing pressure on bakery operators and bread retailers, forcing many businesses to carefully manage production costs and slim profit margins. Speaking on the challenges facing the industry, Mr. Olamide Banjo, a bakery manager in Ogun State, said the cost of flour has…
By Ayomide Otitoju First HoldCo Plc (FirstHoldCo) has successfully completed the ₦45 billion second tranche of its ongoing ₦350 billion private placement programme, further strengthening the capital base of its flagship subsidiary, First Bank of Nigeria Limited (FirstBank). The financial services group disclosed that the transaction was concluded after securing all necessary approvals from the…
By Ayomide Otitoju Fidelity Bank Plc has partnered with the Anambra State Government to empower 1,950 beneficiaries through a wide-ranging intervention programme aimed at promoting economic inclusion, education, and social welfare. The initiative, implemented under the 2026 Fidelity Empowerment Programme in Awka, saw the distribution of 200 sewing and grinding machines to women entrepreneurs, N25…
By Ayomide Otitoju FirstBank has announced that it will host the next edition of its SMEConnect Webinar on June 25, 2025, as part of its ongoing efforts to support small and medium-sized enterprises (SMEs) with access to finance and business growth opportunities. In a statement, the bank said the quarterly virtual event is designed to…
