RCIM Share Disposal Records Good Progress as Investor Demand Remains Robust
RCIM Share Disposal Records Good Progress as Investor Demand Remains Robust First HoldCo Plc and RC Investment Management Limited (RCIM) have made significant progress in the ongoing disposal of the substantial block of FirstHoldCo shares held by RCIM in its capacity as independent Bridge Holder. The shareholding originated from a CBN-approved shareholder divestment arrangement under which RCIM acquired approximately 10.43 billion FirstHoldCo shares on the NGX in July 2025 for subsequent disposal to investors. The transaction is structured…
Abbey Bank Retains A3 Short-Term Credit Rating as Capital and Liquidity Position Strengthen.
Abbey Bank Retains A3 Short-Term Credit Rating as Capital and Liquidity Position Strengthen. Abbey Bank Plc has received an affirmation of its short-term credit rating of “Bbb-” and “A3”, by Agusto & Co., reflecting the Bank’s improved capitalization, strong liquidity profile. The affirmation of the A3 rating underscores the Bank’s capacity to meet its short-term financial obligations, supported by its robust liquidity position and strengthened balance sheet. Agusto & Co. also assigned a Stable Outlook to the Bank’s ratings, reflecti…
AMANYANABO DOKUBO-ASARI CONGRATULATES SULTAN OF SOKOTO ON 20TH ANNIVERSARY ON THE THRONE, CALLS FOR PEACE AND NATIONAL UNITY
AMANYANABO DOKUBO-ASARI CONGRATULATES SULTAN OF SOKOTO ON 20TH ANNIVERSARY ON THE THRONE, CALLS FOR PEACE AND NATIONAL UNITY By Al Humphrey Onyanabo Da Amakiri Tubo, Alhaji Mujahid Abubakr Dokubo-Asari, Amanyanabo of the Chiefdom and Principalities of the Source, Elem Kalabari, Torusarama Piri, Kingdom of Kalabari, has congratulated His Eminence, Alhaji Muhammad Sa’ad Abubakar CFR, mni, Sultan of Sokoto and President-General of the Nigerian Supreme Council for Islamic Affairs (NSCIA), on the occasion of the 20th anniversary of his ascension to…
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Verdant Zeal’s 14th Innovention Series to Explore African Culture Exportation Through Entertainment
Verdant Zeal’s 14th Innovention Series to Explore African Culture Exportation Through Entertainment Leading Marketing Communications Group, Verdant Zeal Group Limited, is set to host the 14th edition of its annual flagship Public/Private sector focused thought leadership platform with the theme “ Culture as Currency: Exporting African Identity Through Entertainment. Scheduled for Thursday, October 29, 2026, the virtual round table event will bring together leading voices in the field of Entertainment and Lifestyle, and Arts & Culture to ex…
FIDELITY BANK PLC REDEEMS US$400 MILLION EUROBOND AT MATURITY
FIDELITY BANK PLC REDEEMS US$400 MILLION EUROBOND AT MATURITY LAGOS, NIGERIA – Fidelity Bank Plc has successfully redeemed its 5-Year US$400 million Senior Unsecured Notes at maturity, reaffirming its commitment to meeting its obligations to investors and reinforcing its track record in the international debt capital markets. Issued on 28 October 2021, the 5-year Eurobond matured on 28 October 2026 and carried an annual coupon of 7.625 per cent, payable semi-annually. Fidelity Bank met all scheduled coupon payments throughout the life of the…
GTCO Plc Releases 2026 Q3 Unaudited Results
GTCO Plc Releases 2026 Q3 Unaudited Results ... Reports Profit Before Tax of ₦879.9billion Lagos, Nigeria – 27th October 2026 Guaranty Trust Holding Company Plc (“GTCO” or “the Group”) has released its Unaudited Consolidated and Separate Financial Statements as of September 30, 2026, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group posted a Profit Before Tax of ₦879.9 billion, driven by sustained growth across its core earnings lines, with interest income, fees and commission income and trading income growing ye…
SWAN COMMENDS INDUSTRY–REGULATOR COLLABORATION IN STRENGTHENING CONSUMER PROTECTION
SWAN COMMENDS INDUSTRY–REGULATOR COLLABORATION IN STRENGTHENING CONSUMER PROTECTION The Spirits & Wines Association of Nigeria (SWAN) has commended the sustained efforts of regulatory and enforcement agencies to combat illicit trade and protect consumers, noting that increased enforcement actions against counterfeit alcoholic products across the country underscore the importance of collaboration in tackling the challenge. In a statement issued by the Association’s Director General, Mr. Tony Okwoju, SWAN noted that recent seizures and arres…
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Dangote Refinery Makes History as IPO Attracts Investors from 120 Countries, All 54 African Nations
Dangote Refinery Makes History as IPO Attracts Investors from 120 Countries, All 54 African Nations … Landmark offer achieves 100% African participation, reaches all six inhabited continents …Dangote: Africa has shown it can finance, build and own its industrial future …Bird hails global investor confidence; Murat says transaction sets new benchmark for African capital markets Dangote Petroleum Refinery and Petrochemicals has successfully concluded its landmark Initial Public Offering (IPO), attracting investor applications from 120 countries …
Grey Works Media Launches to Help Organisations Find Clarity, Tell Stories That Matter
Grey Works Media Launches to Help Organisations Find Clarity, Tell Stories That Matter Lagos, Nigeria, 21 October 2026 — Grey Works Media, a communications, public relations and advertising company, has officially launched its website, www.greyworksmedia.com, introducing a fresh approach to helping organisations communicate with clarity, purpose and impact. Built on the belief that every organisation has a story worth telling, Grey Works Media was established to help businesses, brands and public institutions find clarity in an increasingly co…
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PAY WITH A TAP: ZENITH BANK CUSTOMERS CAN NOW USE GOOGLE PAY IN-STORE AND ONLINE
PAY WITH A TAP: ZENITH BANK CUSTOMERS CAN NOW USE GOOGLE PAY IN-STORE AND ONLINE From Nigeria’s first ATM gallery to the phone in your pocket, Zenith Bank continues its technology-led approach to making payments simpler and more secure. Zenith Bank Plc has announced today that its customers can now pay with Google Pay, bringing greater convenience and security to everyday transactions. By adding an eligible Zenith Bank card to Google Wallet, customers can tap to pay at participating contactless payment terminals and check out online or in apps…
Promasidor Launches Eco Alert App to Put Sustainability Action in Employees’ Hands
Promasidor Launches Eco Alert App to Put Sustainability Action in Employees’ Hands …Celebrates Sustainability Day with multimillion Naira Savings and 30% Reduction in Paper Usage Promasidor is taking its sustainability drive a step further with the introduction of the Eco Alert App , a new platform designed to empower employees to report sustainability-related issues and support their timely resolution. Launched during the company’s Sustainability Day 2026 employee engagement event, the app marks an important step in making sustainability a …
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Nestlé Nigeria appoints Toritseju Egbebi as Corporate Communications and Sustainability Manager as Victoria Uwadoka retires
Nestlé Nigeria appoints Toritseju Egbebi as Corporate Communications and Sustainability Manager as Victoria Uwadoka retires Nestlé Nigeria has announced the appointment of Toritseju (Toju) Egbebi as Corporate Communications and Sustainability Manager, effective 1 November 2026, following the retirement of Victoria Uwadoka after ten years with the company. Toritseju Egbebi, currently Corporate Affairs Manager, brings 18 years of experience in public relations and corporate communications across the technology, financial services and consumer go…
JMG Hosts Yaba College of Technology Engineering Students for Industrial Exposure
JMG Hosts Yaba College of Technology Engineering Students for Industrial Exposure Engr. Musa Isiaq, lecturer and examination officer in Mechanical Engineering at Yaba College of Technology, and Oluwatomi Faniran, Head of Marketing at JMG Limited, with members of the Nigerian Institution of Mechanical Engineers (NIMechE), Yaba Tech Chapter, during a factory visit to JMG Limited in Lagos on Friday, October 23, 2026. The visit provided the students with first-hand exposure to industrial production processes and the practical application of engine…
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TEGBE FLAGS OFF NIGERIA ENERGY SUMMIT 2026, OUTLINES GRID STABILITY ROADMAP
TEGBE FLAGS OFF NIGERIA ENERGY SUMMIT 2026, OUTLINES GRID STABILITY ROADMAP The Honourable Minister of Power, Joseph Tegbe, has outlined a roadmap to stabilize Nigeria’s electricity grid, expand transmission capacity and attract fresh investment into the sector. He spoke at the opening of the Nigeria Energy Leadership Summit 2026 at the Landmark Centre, Lagos, themed “Strengthening Power Delivery Through Execution, Coordination and Performance.” In his address, Tegbe said the priority must shift from designing reforms to delivering measurabl…
Stanbic IBTC partners to advance sustainable agriculture at 2026 Lagos Farm Fair
Stanbic IBTC partners to advance sustainable agriculture at 2026 Lagos Farm Fair L-R: Abisola Olusanya, Commissioner of Agriculture, Lagos State; Dr Kadri Obafemi Hamzat, Deputy Governor, Lagos State; Dr. Oluwarotimi Fashola, Special Adviser to the Governor on Agriculture & Food Systems, Lagos State; Buky Olukoga, Board Director, British American Tobacco Nigeria (BATN) Foundation; Hon. Jebe Abdullahi, The Special Adviser to the Governor on Islamic matters, Lagos State; and Yewande Adedayo, Acting Head, Client Coverage, Corporate & …
MultiChoice Introduces Simplified DStv, GOtv Packages for Customers in Nigeria New packages go live 5 November 2026
MultiChoice Introduces Simplified DStv, GOtv Packages for Customers in Nigeria New packages go live 5 November 2026 From left: Tope Oshunkeye, Senior VP, Communications; Caroline Oghuma, Executive Head, Corporate Affairs; Kemi Omotosho, Chief Executive Officer; and Onyinye Ezenwa, Executive Head, Customer Value Management, all of MultiChoice Nigeria, a CANAL+ company, at the press briefing announcing the launch of new DStv and GOtv packages at the MultiChoice HQ in Lagos, on Tuesday. Brand-new Sports package for biggest football titles incl…
FirstBank Partners Google Pay, Expanding Digital Payment Options for Cardholders
FirstBank Partners Google Pay, Expanding Digital Payment Options for Cardholders Lagos, 27 October 2026 – FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, has announced the integration of Google Pay for eligible cardholders, enabling access to the global digital wallet platform. This milestone reinforces the Bank’s commitment to delivering secure, convenient, and innovative payment solutions that meet the evolving needs of today's digitally connected customers. The integration a…
ZENITH BANK EXPANDS TECH FAIR REACH WITH FIRST-EVER VIRTUAL EDITION, FOCUSES ON AI
ZENITH BANK EXPANDS TECH FAIR REACH WITH FIRST-EVER VIRTUAL EDITION, FOCUSES ON AI Zenith Bank Plc is set to host the sixth edition of its flagship technology event, Zenith Bank Tech Fair 2026: Future Forward 6.0, on Thursday, November 5, 2026, under the theme, “AI: Embrace or Extinct.” Renowned for its scale and showcase of technological innovation, the annual Tech Fair has evolved into a platform for connecting ideas, talent and opportunities. Over the years, the event has brought together technology leaders, entrepreneurs, and young innova…
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