Industry Efforts to Address Quality of Service Challenges are on Course
Industry Efforts to Address Quality of Service Challenges are on Course The Nigerian Communications Commission (NCC) has noted recent public concerns regarding the quality of telecommunications services in parts of the country. The Commission recognises the frustration experienced by consumers when calls drop, internet speeds slow down, data services become unstable, or service disruptions affect daily activities. Telecommunications services are now central to how Nigerians work, learn, do business, access essential services, and stay c…
Julius Berger hosts world-class construction equipment Fair in Lagos
Julius Berger hosts world-class construction equipment Fair in Lagos Leading engineering construction company, Julius Berger Nigeria PLC; recently hosted a one-day, world-class construction equipment exhibition at its facility in Lekki-Ajah, Lagos. The event featured prominent industry players, including the Pan African Equipment Group, which showcased Komatsu machinery and construction equipment, as well as Sany Heavy Industry Co. Limited of China as well as truck crane specialists, XCMG, among others. Speaking to the media, the Head of Plant…
Promasidor Nigeria and Cowbell Earn Triple Industry Recognition
Promasidor Nigeria and Cowbell Earn Triple Industry Recognition Promasidor Nigeria, a leading player in Nigeria’s fast-moving consumer goods (FMCG) industry, has recorded another significant milestone with three major industry recognitions that further reinforce its leadership in the dairy and consumer goods sector. At the Industry Awards, Promasidor Nigeria was named “Outstanding Dairy Company of the Year,” while its flagship brand, Cowbell, won “Dairy Brand of the Year.” The company also received a Corporate Social Responsibility Award …
Polaris Bank Partners Cyclotron Club to Advance LiveWell Initiative and Promote Healthy Living
Polaris Bank Partners Cyclotron Club to Advance LiveWell Initiative and Promote Healthy Living Members of Cyclotron Club in the newly unveiled Polaris Bank co-branded cycling jersey, after a wellness ride held as part of the LiveWell by Polaris initiative in Lagos. Polaris Bank, Nigeria’s leading digital retail and commercial Bank institution, has announced a strategic partnership with Cyclotron Cycling Development Initiatives, otherwise known as Cyclotron Club, to advance LiveWell by Polaris, the Bank’s flagship wellness initiative designed t…
Union Bank Honoured by ASBON at Nigeria National SME Business Awards
Union Bank Honoured by ASBON at Nigeria National SME Business Awards Lagos, Nigeria – Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos. The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a…
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Execution Discipline Will Define Tegbe’s Agenda for Nigeria’s Power Sector
Execution Discipline Will Define Tegbe’s Agenda for Nigeria’s Power Sector When the Minister-Designate for Power, Joseph Olasunkanmi Tegbe, told the Nigerian Senate that there was “no quick fix” to Nigeria’s electricity crisis, the statement stood out for departing from the familiar rhetoric that has long shaped public conversations about the sector. In a country where ambitious declarations on power reform have often generated headlines faster than measurable outcomes, Tegbe’s remarks offered an early signal of a different leadership posture,…
Fidelity Bank’s liquidity position rises above N1trn on stronger cash holdings
Fidelity Bank’s liquidity position rises above N1trn on stronger cash holdings Fidelity Bank strengthened its liquidity position in the 2025 financial year as cash and cash equivalents rose by 87 percent to N1.32 trillion, reflecting improved cash buffers, stronger deposit mobilisation, and growth in interest-earning assets. The lender’s audited financial statement for the year ended December 31, 2025, showed that cash and cash equivalents increased from N707.45 billion in 2024, underscoring the bank’s stronger liquidity profile amid Nigeria’s…
Mirroring Fidelity Bank's Giant Footprints in Aviation Financing in Nigeria
Mirroring Fidelity Bank's Giant Footprints in Aviation Financing in Nigeria Aviation business, not only in Nigeria, is generally known to be a capital intensive one and strictly guided by international regulations as prescribed by the International Civil Aviation Organisation (ICAO). The ICAO recommended standards and Practices are to be referred to when dealing in aviation business, therefore, Nigeria being a signatory to ICAO should uphold international civil aviation standards and fulfill its obligations under the Convention on Internat…
Fidelity Bank's gross earnings rise by 45%, shareholders' funds cross N1trn mark
Fidelity Bank's gross earnings rise by 45%, shareholders' funds cross N1trn mark Fidelity Bank Plc has reported a 45 percent increase in gross earnings for the 2025 financial year, as the lender’s shareholders’ funds crossed the N1 trillion mark following sustained balance sheet expansion and fresh capital injection. Analysis from the audited financial statements for the year ended December 31, 2025, reveals that the bank delivered robust results across key financial metrics, including Gross Earnings, which stood at N1.5 trillion, up f…
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The Alternative Bank Addresses Nigeria's Medicine Security Crisis with Financing for Local Pharma
The Alternative Bank Addresses Nigeria's Medicine Security Crisis with Financing for Local Pharma Africa bears roughly a quarter of the global disease burden yet imports nearly 97 percent of its pharmaceutical commodities, a vulnerability starkly exposed during the COVID-19 pandemic. This severe import dependence leaves Nigeria's medicine security inherently weak. To address this, The Alternative Bank (AltBank) is stepping in as the financing answer, deploying asset-backed, risk-sharing capital to fund local pharmaceutical production, …
We’ll continue to award projects to Julius Berger – Gov Oborevwori
We’ll continue to award projects to Julius Berger – Gov Oborevwori Delta State governor, Rt. Hon. Sheriff Oborevwori addressing workers at Julius Berger’s Osubi site, Okpe Local Government Area of Delta State Monday Delta State Governor, Rt. Hon. Sheriff Oborevwori, has reaffirmed his administration’s commitment to awarding more construction projects to leading engineering firm, Julius Berger Nigeria Plc, as part of ongoing efforts to drive job creation and accelerate infrastructure development across the state. The Governor also reiterated hi…
AMVCA 12 Celebrates African Storytelling, Talent, and Cinematic Excellence
AMVCA 12 Celebrates African Storytelling, Talent, and Cinematic Excellence The 12th edition of the Africa Magic Viewers’ Choice Awards was held on May 9, 2026, at the Eko Hotel and Suites Convention Centre, under the evolving partnership between Canal+ and MultiChoice, bringing together the biggest names in African film, television, and entertainment for a night of celebrating cinematic excellence and storytelling across the continent. Hosted by Nomzamo Mbatha and Bovi, the ceremony opened with the Best Costume Design category, where Valerie O…
Polaris Bank earns youth employment recognition from Jobberman
Polaris Bank earns youth employment recognition from Jobberman L-R: Cynthia Sanyaolu, Head, Talent Management, Polaris Bank; Mathew Oji, Product Strategy, Polaris Bank; and Olanrewaju Oyekunle, Head, HR Operations, Polaris Bank, at the 2026 Jobberman Partners’ Convening in Lagos, where Polaris Bank was honoured with the Private Sector Champion Award in recognition of its outstanding contributions to youth employment, talent development, and workforce empowerment across Nigeria. Lagos, Nigeria – May 7, 2026 – Polaris Bank, Nigeria’s leading di…
Rite Foods Celebrates Mother’s Day, Honouring the Strength, Resilience, and Everyday Impact of Women
Rite Foods Celebrates Mother’s Day, Honouring the Strength, Resilience, and Everyday Impact of Women Rite Foods Limited, Nigeria’s leading food and beverage company, is celebrating this year’s Mother’s Day by recognizing the extraordinary strength, resilience, sacrifice, and nurturing spirit of women and mothers whose everyday contributions continue to shape homes, workplaces, communities, and the nation at large. The Company also celebrates the remarkable women within its workforce who seamlessly balance professional excellence with the respo…
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments
Norwegian Sovereign Wealth Fund Eyes Partnership with Dangote Group on Africa Investments President/CE, Dangote Group, Aliko Dangote with CEO, Norges Bank Investment Management, Nicolai Tangen The President/Chief Executive of Dangote Group, Aliko Dangote has held a high-level meeting with Nicolai Tangen, the Chief Executive Officer of Norges Bank Investment Management, the world’s largest sovereign wealth fund manager, overseeing assets valued at approximately $1.9 trillion. At the meeting, the Norwegian investment institution expressed strong…
Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage
Fidelity Bank Provides Critical Funding Support to Abuja Special Needs Orphanage L-R: Deputy President, Valorem Inductees Class, Fidelity Bank Plc, Olamide Wilson; Team Lead, Corporate Social Responsibility (CSR), Fidelity Bank Plc, Victoria Abuka; Director, JKS Special Needs Academy, Abuja, Nifemi Ajileye; Team Lead, Human Resources Business Partner, Abuja and North, Fidelity Bank Plc, Aishatu Sambo; and President, Valorem Inductees Class, Fidelity Bank Plc, Ekeh Adaora; at the Fidelity Helping Hands Programme (FHHP) CSR Outreach in Abuja rec…
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