LASAA Extends Educational Support to Ikorodu Public Schools in CSR Drive LAGOS – The Lagos State Signage and Advertisement Agency (LASAA) has broadened its corporate social responsibility (CSR) efforts with the second phase of its "Back to School Storm" initiative, reaching four public primary schools in the Ikorodu area of Lagos State. The Agency visited Methodist Primary School, Igbogbo; Anglican Primary School, Igbogbo; Etunrenren Primary School; and Muslim Primary School, Ikorodu distributing essential school supplies to pupils…
Ecobank Nigeria Announces Fourth Edition of “Adire Lagos” Exhibition Ecobank Nigeria has announced the return of its signature cultural showcase, the Adire Lagos Exhibition, now in its fourth edition. The four-day event will take place from June 5 to 8, 2025, at the Ecobank Pan African Centre, 270B1 Ozumba Mbadiwe Avenue, Victoria Island, Lagos . Doors open daily at 10:00 AM. The Adire Lagos Exhibition celebrates Nigeria’s vibrant heritage through the timeless artistry of Adire fabric. This year’s edition will feature over 120 vendor…
JTI Appoints Abdallah Simba as General Manager, Nigeria Japan Tobacco International (JTI) has announced the appointment of Abdallah Simba as the new General Manager for its Nigeria operations, effective May 1, 2025. Abdallah brings nearly two decades of commercial and strategic leadership experience to the role, having held key positions across multiple markets and at JTI’s global headquarters in Geneva. He joined JTI in Tanzania in 2005 in Marketing before taking on an international assignment in Ireland in 2009. He later transitioned into br…
Okobi, Esomeju, Otaigbe Join Global Leaders to Discuss Sustainable Finance, Economic Transition at UNEP FI’s Regional Roundtable Lagos, Nigeria – May 6, 2025: As part of its continued commitment to sustainability, Access Holdings PLC will be amongst the leading participants in the United Nations Environment Programme Finance Initiative (UNEP FI) Regional Roundtable on Sustainable Finance for Africa and Middle East. Taking place from May 6-7, 2025, in Marrakech, Morocco, the event will bring together regulators, policymakers, and key stakeholde…
Cascador and Sterling Bank Launch Breakthrough Funding for Nigerian Entrepreneurs Lagos, Nigeria: Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a bold new debt funding model to unlock growth for Africa’s most promising ventures. Backed by a $2 million Catalytic Fund, the partnership introduces flexible, founder-friendly financing for Cascador alumni; pairing low-interest debt with business mentorship, tailored repayment terms, and dramatically reduced col…
FIRSTBANK AND ESTARS FORGE INNOVATIVE PARTNERSHIP TO ELEVATE ESPORTS EDUCATION FirstBank, the West African premier bank and financial inclusion service provider, is proud to announce a strategic collaboration with EStars Education Africa Limited (EStars), a global leader in educational esports. Empowering the Next Generation of Esports Professionals The partnership provides a platform for FirstBank to support the rollout of EStars’ comprehensive esports qualifications, including entry-level Certificates and BTEC courses in esports. These progr…
Dangote thanks President Tinubu for the revolutionary change in the Oil and Gas sector to save Nigeria President of Dangote Group, Aliko Dangote has praised President Bola Ahmed Tinubu for assembling a capable leadership team at the NNPC, highlighting the appointments of Mr. Bashir Bayo Ojulari as Group Chief Executive Officer and Mr Ahmadu Musa Kida as Non-Executive Chairman. Dangote said he visited the President to commend him for putting together such a formidable and professionally competent team, that is eminently qualified to take NNPCL …
Julius Berger wins Construction Company of the Year Award at World Press Freedom Day 2025 . You remain the best in all you do for Nigeria – NUJ to company . Kaita: This is testimony to the innovative impact we’ve made Frontline engineering construction company, Julius Berger Nigeria PLC weekend clinched the prestigious Construction Company of the Year Award amidst pomp as journalists celebrate the 2025 World Press Freedom Day in Abuja. According to the National President of Nigeria Union of Journalists, NUJ, Comrade Alhassan Yahya who presente…
Unity Bank Launches GenFi, Targets Children, Teens with Gamified Banking Platform Lagos.05.05.25. In a bold move to redefine promotion of financial literacy, Nigeria’s retail lender, Unity Bank Plc, has unveiled GenFi, a new digital banking platform tailored to empower kids and teenagers between the ages of 8 and 18 with essential financial skills. The launch follows a report by the Central Bank of Nigeria, which found that only 38% of Nigerian adults are financially literate. This alarming statistic underlines the urgent need for early financ…
Glitz, Glam and Grandeur at Wema Bank’s 80th Anniversary Gala The media is buzzing with news of the grand 80th anniversary celebration of Wema Bank, Nigeria's oldest indigenous, innovative bank and pioneer of Africa's first fully digital bank, ALAT. Founded on May 2nd 1945, Wema Bank's rise to becoming the Bank for all generations has indeed been an admirable journey, marked by immense impact, remarkable resilience and a repertoire of innovative solutions that continue to redefine banking and financial services for all. The Bank…
Sterling Bank to give Nigerians ₦1Million Extra Every Month Lagos, Nigeria: Leading commercial bank and Africa’s most agile company, Sterling Bank has announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in…
Stanbic IBTC Bank Nigeria PMI: Output growth hits 15-month high in April The start of the second quarter of 2025 saw a further improvement in business conditions among Nigerian companies amid strengthening customer demand and growth of output. In response, firms ramped up their purchasing activity and took on extra staff, but this expansion of capacity was not sufficient to prevent a build-up of backlogs of work. Meanwhile, inflationary pressures ticked up from March but remained muted relative to the picture in 2024. The headline figure deri…
GTCO SUSTAINS PROFITABILITY MOMENTUM WITH GROWTH IN CORE INCOME - DECLARES A PBT OF N300.4BILLION IN Q1 2025 Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Unaudited Consolidated and Separate Financial Statements for the period ended March 31, 2025, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The Group reported profit before tax of ₦300.4billion on the back of strong performance posted on the core earnings lines of interest income which grew …
JMG Limited Restates Commitment To Safety, Employee Well-being On World Day for Safety and Health. Lagos, Nigeria – JMG Limited, a leading provider of electromechanical solutions in Nigeria, joins the global observance of World Day for Safety and Health at Work, focusing on the prevention of occupational accidents and diseases. This year’s theme, “Revolutionising Health and Safety: The Role of AI and Digitalization at Work,” highlights the transformative impact of technology in reducing work-related injuries and fatalities. Through digital …
Rite Foods Goes After Mamuda Beverages After Alleged Circumvention of Consent Judgment, Files Fresh Trademark Infringement Matter Hassan Hammoud, Chairman/CEO of Mamuda Group, the company accused of trademark infringement Rite Foods Limited (“Rite Foods”), the Nigerian manufacturer behind the widely celebrated Fearless Energy Drink, has raised fresh concerns over the conduct of Mamuda Beverages Limited (“Mamuda”), following what appears to be a circumvention of a consent judgment previously agreed between both parties. In January 2025, Rite Fo…
ZENITH BANK FETES SHAREHOLDERS WITH DIVIDEND PAYOUT OF N195.67 BILLION, PROMISES QUANTUM LEAP IN FUTURE DIVIDENDS L-R: Executive Director, Mr. Adamu Lawani; Executive Director, Mr. Akin Ogunranti; Group Managing Director/Chief Executive, Dame (Dr.) Adaora Umeoji, OON ; Founder and Chairman of Zenith Bank Plc, Jim Ovia, CFR ; Executive Director, Mrs. Adobi Nwapa; Executive Director, Mr. Henry Oroh; and Executive Director, Mr. Louis Odom during the 34th Annual General Meeting of Zenith Bank Plc held at The Civic Centre, Victoria Island, Lagos…
Dangote Sugar grows turnover by 51%, to provide 75,000 jobs The chairman of Dangote Sugar Refinery Plc, Aliko Dangote has revealed that the company’s turnover increased by 51 per cent to N665.6 billion for the year ended December 31, 2024, as against the corresponding figure of N441.5 billion recorded for the 2023 financial year. Speaking at the 19th Annual General Meeting (AGM) on Tuesday, Mss Bennedikter Molokwu, who chaired the AGM in an acting capacity, to represent the Aliko Dangote, noted that the company’s performance in 2024 was impact…
GTCO Food and Drink Festival 2025: A Shared Experience of Culture, Cuisine, and Enterprise Lagos, Nigeria—29 April 2025 – The stage is set for Africa’s most anticipated celebration of food, drink, and culture as Guaranty Trust Holding Company Plc (GTCO) announces the 8th edition of the GTCO Food and Drink Festival, scheduled to hold from Friday, May 2nd to Sunday, May 4th, 2025, at GTCentre, Plot 1 Water Corporation Drive, Oniru, Victoria Island, Lagos. This year’s festival is themed “A Shared Experience”, highlighting how every meal tells a s…
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