How Primate Ayodele Warned Kenya Against Aircraft Crash In June (PROOF) Seven people, including five Americans, were killed when a safari helicopter crashed Wednesday morning in a remote part of northern Kenya, according to local police and the State Department. The helicopter crashed at 9:13 a.m. while flying from the Loisaba Conservancy to the Ewaso Nyiro area in Samburu County, according to the Kenya Civil Aviation Authority, which said in a statement that an investigation was underway. It said there were seven people on board -- six pass…
ZENITH BANK TO HOST 10TH INTERNATIONAL TRADE SEMINAR, TARGETS GROWTH IN NIGERIA'S NON-OIL EXPORTS Zenith Bank Plc will host the 10th Edition of its International Trade Seminar on Non-Oil Export on Tuesday, 25 August 2026, bringing together leading policymakers, regulators, exporters, manufacturers, investors and other key stakeholders to explore practical strategies for unlocking value and accelerating growth in Nigeria's non-oil export sector. Themed “Unlocking Value and Harnessing Growth in Non-Oil Export”, the virtual seminar wi…
FG Commissions Upgraded Ijora, Apapa Substations, Adds 208MW to Grid in Lagos In line with the resolve of President Bola Ahmed Tinubu to solve structural problems that have long constrained the power sector, the Federal Government on Monday commissioned two upgraded transmission substations in Lagos, providing an additional 208 megawatts of bulk transmission capacity to one of the country’s most economically active corridors. At Ijora, two new 100MVA transformers lifted the substation’s capacity from 90MVA to 230MVA, an additional 112MW. A…
Union Bank of Nigeria Attains PCI DSS v4.0.1 Certification Lagos, Nigeria – Union Bank of Nigeria has attained certification under the Payment Card Industry Data Security Standard (PCI DSS) version 4.0.1, the foremost global standard governing the protection of payment card account data. The certification took effect on 11 August 2026. PCI DSS sets a baseline of technical and operational requirements designed to safeguard environments in which payment card account data is stored, processed or transmitted. Certification confirms that a bank…
Fidelity Bank Extends Lifeline to 1,000 IDPs in Plateau with Food Bank Initiative L-R: Hajiya Hauwa Abbas, CEO/Founder, ABBASID Charity Foundation; Mr. Shunom Leo, Branch Manager, Fidelity Bank Plc, University of Jos Branch; Mrs. Nanbam Danjuma-Lot, Project Coordinator of the Plateau State Sustainable Development Goals (SDGs); and Mrs. Victoria Abuka, Team Lead, Corporate Social Responsibility, Fidelity Bank Plc; at the Fidelity Food Bank Initiative outreach in Mangu Local Government Area, Plateau State, recently. In a significant demonstr…
ZENITH BANK RECOGNISED AS AFRICA’S BEST BANK & NIGERIA’S BEST BANK AT THE EUROMONEY AWARDS FOR EXCELLENCE 2026 Zenith Bank Plc has been named “Africa’s Best Bank” and “Nigeria’s Best Bank”, the latter for the second consecutive year, at the prestigious Euromoney Awards for Excellence 2026, clinching the biggest and most coveted national and continental awards in banking. The awards were presented to the Bank on Thursday, 16 July 2026, at The Peninsula London Hotel, London. This dual recognition is a testament to the Bank’s sustained exce…
GTBANK NAMED BEST OVERALL PERFORMING BANK IN NIGERIA IN THE BANKER'S TOP 1000 WORLD BANKS RANKINGS 2026 Lagos, Nigeria — July 14, 2026 Guaranty Trust Bank Ltd ("GTBank" or the “Bank"), the flagship banking subsidiary of Guaranty Trust Holding Company Plc ("GTCO" or the “Group"), has been named the Best Overall Performing Bank in Nigeria in The Banker magazine's Top 1000 World Banks Rankings 2026. The recognition reaffirms GTBank's position as one of Nigeria's leading financial institutions and r…
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…
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