By Ayomide Otitoju Lagos State recorded a revenue boost of over $71.6 million during the 2024 festive season, popularly referred to as “Detty December,” underscoring its position as Africa’s leading tourism and entertainment destination. The Special Adviser to Governor Babajide Sanwo-Olu on Tourism, Arts, and Culture, Mr. Idris Aregbe, shared these figures during a review…
By Ayomide Otitoju The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦965 to ₦990 per litre in Abuja, with similar adjustments implemented across the country. In Lagos, the price rose from ₦925 to ₦960 per litre, according to checks conducted at…
By Ayomide Otitoju FirstBank of Nigeria Limited has solidified its position as a leader in Africa’s financial sector, capping 2024 with an impressive haul of 47 awards spanning various categories. This remarkable achievement underscores the bank’s enduring legacy, commitment to innovation, and unwavering dedication to its stakeholders. With a reputation for being people-centric, FirstBank’s tagline,…
By Ayomide Otitoju The Board of Directors of Eterna Plc has announced the appointment of Olumide Adeosun as the company’s new Managing Director/Chief Executive Officer. The appointment, effective February 3, 2025, was disclosed in a statement issued on Thursday by the Company Secretary/Legal Adviser, David Edet. The statement also acknowledged the resignation of the outgoing…
By Ayomide Otitoju Ecobank Nigeria has entered into a partnership with the Nigerian Consumer Credit Corporation (CrediCorp) to offer affordable and flexible loans to customers. The loans can be used for various purposes, including school fees, rent, maintenance, medical bills, car purchases and repairs, asset acquisitions, and more. The initiative is open to civil servants…
By Ayomide Otitoju Fidelity Bank Plc has announced plans to increase its issued share capital from N26.7 billion to N36.7 billion, as disclosed in a regulatory filing by Company Secretary Ezinwa Unuigboje to the Nigeria Exchange Limited on Thursday. Capital Increase and Extraordinary General MeetingThe proposed increase will be tabled at the bank’s Extraordinary General…
Coca-Cola Nigeria has launched its Coke Studio ‘Beat the Drop’ campaign, offering prizes worth N70 million, including all-expenses-paid trips to South Africa. Campaign HighlightsLaunched in December 2024, the initiative has so far rewarded: Four winners with trips to South Africa.Twenty participants with ₦1 million each.Brand CommitmentYusuf Murtala, Senior Director of Frontline Marketing at Coca-Cola Nigeria,…
By Ayomide Otitoju Fidelity Bank Plc, one of Nigeria’s leading financial institutions, has announced key changes to its Board of Directors to enhance its operational efficiency and sustain its growth trajectory. The appointments, effective January 14, 2025, received approval from the Central Bank of Nigeria (CBN), according to a regulatory disclosure filed with NGX Regulation…
By Ayomide Otitoju Globacom held another draw for its ongoing Festival of Joy promotion in Abuja on Friday, January 16, 2025. The event, aimed at rewarding subscribers across Nigeria, took place at Gloworld, Aminu Kano Crescent, Wuse, and was attended by Glo subscribers, media representatives, and officials from the National Lottery Regulatory Commission (NLRC), led…
