By Ayomide Otitoju Airtel Nigeria has unveiled its new Company-Owned-Company-Operated (COCO) retail store in Sangotedo, Lagos, as part of its commitment to delivering exceptional customer service and seamless retail experiences. The store was officially launched on Friday, January 24, 2025. The facility is designed to provide end-to-end support for customers, including instant SIM activation, bill…
By Ayomide Otitoju Zenith Bank Plc has announced the successful conclusion of its hybrid Rights Issue and Public Offer, raising a total of ₦350.4 billion. The bank disclosed this milestone in a statement released to the Nigerian Exchange (NGX) Group on Sunday, January 26, 2025, following regulatory approvals from the Central Bank of Nigeria (CBN)…
By Ayomide Otitoju In a groundbreaking move to elevate Nigeria’s creative economy, Design Week Lagos is teaming up with Ecobank Nigeria and the Ministry of Arts, Culture, Tourism, and Creative Economy to unveil the 2025 Design and Innovation Exhibition. This inaugural event is set to redefine Nigeria’s industrial and creative landscape, offering a platform to…
By Ayomide Otitoju FirstBank of Nigeria Limited, under its parent company FBNHoldings Plc, has set its sights on another decade of growth and transformation following impressive financial results. The bank reported a 125% year-on-year (Y/Y) growth in earnings per share (EPS) and a 165% increase in interest income to ₦1.63 trillion during the first nine…
By Ayomide Otitoju Zenith Bank, one of Africa’s foremost financial institutions, has reaffirmed its commitment to employee welfare with the promotion of more than 4,000 staff members and salary adjustments ranging from 20% to 30% across various grades. This landmark initiative, effective January 1, 2025, underscores the bank’s recognition of its workforce as its most…
The Managing Director of the Federal Airports Authority of Nigeria (FAAN), Olubunmi Kuku, has hinted at a potential resignation amidst the ongoing controversy surrounding the proposed N580 billion budget for Nigerian airport runways. Kuku made the disclosure during an interview on Television Continental on Thursday evening, where she addressed pressing issues within the aviation sector….
By Ayomide Otitoju Sterling Bank Limited, one of Nigeria’s foremost commercial banks, has petitioned the Inspector General of Police (IGP) to investigate alleged fraudulent activities involving Miden Systems Ltd and its director, Dr. Brendan Innocent Usoro. The petition follows claims of attempts by Dr. Usoro to exploit political connections and law enforcement to undermine compliance…
By Ayomide Otitoju President Bola Ahmed Tinubu is set to perform the groundbreaking ceremony for five mini-Liquefied Natural Gas (LNG) plants in Ajaokuta, Kogi State, on January 30, 2025. The projects, described as a historic milestone, aim to advance Nigeria’s gas-to-power aspirations and drive industrialization. NNPC Limited’s Chief Corporate Communications Officer, Olufemi Soneye, highlighted the…
By Ayomide Otitoju The United Bank for Africa (UBA) Plc is set to hold a special Knowledge Series webinar aimed at educating Small and Medium Enterprises (SMEs) on the 2024 Withholding Tax Regulations recently introduced by the federal government. Themed “2024 Withholding Tax Regulations: Specific Emphasis on How They Affect SMEs,” the webinar will take…
