Stanbic IBTC Bank Nigeria PMI®: New orders continue to rise sharply in June Improving demand conditions helped to support further increases in output and new orders in Nigeria's private sector at the midway point of the year. Rising workloads and the prospect of further growth in the months ahead meant that firms took on additional staff and raised both purchasing activity and inventory holdings. Input costs and output prices increased sharply again, albeit to lesser extents than immediately following the outbreak of war in the Middle E…
Fidelity Bank Empowers Plateau Schoolchildren with School Packs Donation In a significant demonstration of its commitment to the development of education and community empowerment, Fidelity Bank Plc has donated back-to-school packs to school pupils in Plateau State. L-R: Mrs. Nanbam Danjuma-Lot, Project Coordinator of the Plateau State Sustainable Development Goals (SDGs); Mr. Shunom Leo, Branch Leader, Fidelity Bank University of Jos Branch; Ms. Caroline Dafur, Plateau State Commissioner for Women Affairs and Social Development; Hon. Sund…
*Sujimoto Expands Into Food Processing Sector* Sujimoto Group, one of Nigeria’s leading luxury real estate and construction companies, has announced its entry into the agro-industrial sector with the launch of Sujimoto Foods, a multi-million-dollar food manufacturing venture aimed at strengthening food security, promoting local production, and supporting economic growth. As part of the initiative, the company has entered into a strategic partnership with Cotco Food Machinery OEM, one of China’s leading food machinery manufacturers, to es…
Julius Berger approves ₦6.8bn dividend payout as profits surge Lubasch: The values that define Julius Berger remain unchanged Julius Berger Nigeria Plc has announced strong financial performance, marked by higher revenue and profitability, while shareholders have unanimously approved a total dividend payout of ₦6.8 billion, equivalent to ₦4.25 per share. The company described the period as one defined by efficient project delivery and sound financial management. Members of the Board of Julius Berger Nigeria PLC in a group photograph at the co…
Tinubu commissions Arterial Road N5, Abuja, commends Julius Berger’s world-class deliver . ... The company never takes assignments lightly – Wike President Bola Ahmed Tinubu has declared that Nigeria’s leading engineering construction company, Julius Berger Nigeria PLC is a world-class firm that does not take its projects lightly. He spoke at the commissioning of the full scope development of Arterial Road N5 (Obafemi Awolowo Way) from Life Camp Junction to Ring Road III, Dape District Section, Abuja. The President who was represented by …
Access Holdings Affirms Long-Term Value Strategy at 4th Annual General Meeting Lagos, Nigeria – June 10, 2026: Access Holdings Plc (“Access Holdings” or “the Group”) today held its 4th Annual General Meeting (AGM), reaffirming its strategic transition towards long-term value creation, balance sheet resilience, and disciplined growth, even as it navigates a dynamic and evolving operating environment. Speaking at the AGM, the Chairman, Aigboje Aig-Imoukhuede, CFR, emphasised that the defining test of a financial institution is not merely it…
Africa’s Largest Bank Backs Dangote Refinery IPO Africa’s largest financial institution, Standard Bank Group, the parent company of Stanbic IBTC Holdings, has reaffirmed its commitment to support the growth of Dangote Industries Limited, pledging backing for the planned listing of the Dangote Petroleum Refinery while expressing readiness to finance future expansion projects across the continent. The commitment came during a strategic visit by Standard Bank Group Chief Executive, Sim Tshabalala, and senior executives to the Dangote Petroleum…
COMMUNIQUÉ ISSUED AT THE END OF THE 109TH BOARD MEETING OF THE NIGERIAN COMMUNICATIONS COMMISSION HELD ON MAY 25, 2026 The Board of the Nigerian Communications Commission held its 109th Meeting on May 25, 2026. At the Meeting, the Board received updates on industry and operational matters as part of the EVC/CEO Report. The Board further considered key regulatory, strategic and collaborative issues impacting the telecommunications industry and the broader digital economy. Following extensive deliberations, the following resolutions and obs…
HabariPay Launches Maiden "HabariPay Impact Report 2025", Showcasing Its Journey, Business Evolution, and Contributions to Digital Payments Lagos, Nigeria – June 10, 2026 HabariPay Limited, the fintech subsidiary of Guaranty Trust Holding Company Plc ("GTCO" or the "Group"), has unveiled its maiden HabariPay Impact Report 2025, providing stakeholders with a comprehensive account of the company's evolution, innovation journey, business performance, and impact on the digital payments landscape. The report c…
Fidelity Bank Reaffirms Support for MSMEs, Drives Growth Agenda at SME Forum Photo caption: L-R: Divisional Head, Small and Medium-scale Enterprises (SMEs), Fidelity Bank Plc, Mrs. Ugochi Osinigwe; Executive Director, South, Fidelity Bank Plc, Mrs. Pamela Shodipo; and Representative of the President of the Port Harcourt Chamber of Commerce, Industry, Mines and Agriculture (PHCCIMA) and Chairman of SMEs and Non-Governmental Organizations (NGOs) Trade Group, Mr. Jack Daboikiabo; at the Fidelity Bank SME Quarterly Business Forum held in Port…
Stanbic IBTC Partners with National Theatre to Spark Creativity in 180 Children at the 2026 Blue Kids Day - The ToonTopia Edition Stanbic IBTC reaffirmed its commitment to nurturing the next generation of innovators and creative thinkers at its annual Blue Kids Day event. Held in partnership with the National Theatre, this year’s ToonTopia-themed edition, spotlighting Nigeria’s second Children’s Animation Festival, delivered a vibrant and immersive experience designed to spark creativity, inspire imagination, and promote learning among you…
NCC Appoints Princess Oforitsenere Emiko as Interim Chairman of the Digital Bridge Institute Governing Board The Board of the Nigerian Communications Commission (NCC) has appointed Princess Oforitsenere Emiko as Interim Chairman of the governing board of the Digital Bridge Institute (DBI), a move that anchors the Commission's plan to reposition the Institute for the next era of Nigeria's communications sector and digital economy. She will be joined on the board by Engr. Abraham Oshadami, Executive Commissioner, Technical Services, …
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