By Ayomide Otitoju First City Monument Bank (FCMB) has awarded ₦1 million each to four customers in the latest draw of its Season 10 Millionaire Promo, reaffirming its commitment to promoting financial discipline and customer loyalty. The draw, held in April 2025, also saw 112 customers win cash prizes up to ₦100,000 through a computerized…
By Ayomide Otitoju NASCON Allied Industries Plc has attributed its impressive performance for the year 2024 to strategic initiatives, operational efficiency, and innovation, reaffirming its commitment to driving growth and delivering value to shareholders. This was highlighted during the company’s 2024 Annual General Meeting held in Lagos. At the meeting, shareholders approved a dividend payout…
By Ayomide Otitoju A new report titled “How Moniepoint is Driving Trade in West Africa’s Largest Market” has spotlighted the transformative role of Moniepoint’s digital solutions in Onitsha, Nigeria’s commercial powerhouse. Based on field data and trader testimonials, the report highlights how Moniepoint’s platform has streamlined transactions, boosted small business efficiency, and improved access to…
By Ayomide Otitoju Wema Bank, Nigeria’s oldest indigenous financial institution and pioneer of Africa’s first fully digital bank, ALAT, commemorated its 80th anniversary with a grand gala at the Eko Convention Center, themed ‘A Night of Timeless Elegance.’ The highlight of the celebration was a customer appreciation initiative that saw the bank reward 88 loyal…
By Ayomide Otitoju The city of Uyo in Akwa Ibom State came alive on Monday as it hosted the symbolic grand final flag run of MTN Champs Season 3, setting the stage for Nigeria’s biggest grassroots athletics competition. The event marked the countdown to a four-day track and field showdown slated for May 6–9 at…
By Ayomide Otitoju The much-anticipated grand finale of MTN Champs Season 3 officially commenced on Tuesday with a vibrant opening ceremony at the Godswill Akpabio International Stadium, Uyo. The four-day event has drawn 2,187 athletes from over 5,800 event entries, showcasing the best of Nigeria’s grassroots athletic talent. The ceremony was attended by top government…
By Ayomide Otitoju Shell Plc is reportedly exploring a potential acquisition of rival BP Plc, according to Bloomberg News, as the energy giant evaluates strategic opportunities amid weakening oil and equity markets. Citing people familiar with the matter, the report said Shell has been working closely with advisers in recent weeks to assess the feasibility…
Billionaire investor Warren Buffett has announced he will retire as CEO of Berkshire Hathaway by the end of the year, bringing to a close a storied 54-year leadership of one of the world’s most successful conglomerates. Speaking at Berkshire’s annual shareholders’ meeting in Omaha, the 94-year-old confirmed that Vice Chairman Greg Abel will succeed him…
By Ayomide Otitoju British energy giant Shell reported a 35% decline in first-quarter net profit on Friday, citing weaker oil prices, but moved to reassure investors with strong shareholder returns. In its Q1 2025 earnings statement, Shell posted a net profit of $4.8 billion attributable to shareholders, down from $7.4 billion in the same period…
