Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21 Leading financial institution, Fidelity Bank Plc, has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This latest development also brings the total number of Nigerian companies with a trillion-naira market capitalisation to 19. According to a report published on Techcabal website, the bank had previously dropped below the t…
Rite Foods CEO Charges NUTM Students on Boundless Opportunities in Nigeria As part of efforts at human capital building and value orientation among young Nigerians, the Managing Director and Chief Executive Officer of Rite Foods Limited, Seleem Adegunwa, charged students of the Nigerian University of Technology and Management (NUTM) to take advantage of the immense opportunities in the Nigerian ecosystem. The Rite Foods' boss, who was accompanied by his top management team to the institution at Apapa, Lagos, on the 7th of May, 2025, urged …
Chief Femi Branch and Olive Emodi Spark ‘Wedding Conversations’ As They Host Wema Bank’s 80th Anniversary Gala Under the golden lights of the Eko Convention Centre, amid the glitz and glamour of Nigeria’s elite and the rhythm of live performances, Wema Bank celebrated eight solid decades of innovation, from pioneering digital banking to empowering millions. The Wema @ 80 Gala was not just a celebration of a financial institution’s longevity and innovation, it was a showcase of heritage and Nigeria’s ever evolving corporate culture. Thank you f…
MTN Nigeria Drops 2% as Cross Deals Stir Sell Pressure MTN Nigeria’s equities took a notable dip on the Nigerian Exchange (NGX) after hitting a fresh 52-week high, as large-volume cross deals spurred a wave of sell-side activity that knocked over 2% off its market value. The telecom giant, trading under the ticker MTNN, closed at ₦279 per share, following the exchange of 16.096 million units of its stock—a volume spike that coincided with heavy off-market transactions, according to market data. AIICO Capital Limited confirmed that a 10 million…
Dangote Growing SMEs In Nigeria- Fatima Wali-Abdurrahman From Right: General Manager, Community Relations, Nasarawa Sugar Company Limited(NSCL), Rilwan Abdullahi; Regional Manager, Middlebelt, Dangote Fertiliser Limited, Wilson Kolawole; Permanent Secretary Ministry of Trade, Industry and Investment, Nasarawa State, Khadija Oshafu Nuhu; Dangote Group’s National Assembly Lead, Dr Shuaibu Abdullah;i and State Liaison Officer, Abdulrazak Sambajo, at the ongoing 2025 Nasarawa Trade Fair Exhibition in lafia at the weekend. Dangote Industries…
‘Julius Berger is delivering lasting solutions to Lagos Traffic congestion‘ Lagos-Opebi-Mende Roads and Flyover nearing completio Last week, the Project Manager of the ongoing Lagos-Opebi-Mende roads project, Julius Berger’s Dymitry Denysenko declared that, with the near-completion of the ongoing Lagos-Opebi-Mainland Roads and Bridges project, there is no gain-saying the fact that Julius Berger looks set to deliver lasting solutions to the notorious Lagos Traffic congestion. Managing Director, Julius Berger Nigeria PLC; Engr. Dr. Peer …
Tinubu, Soludo's Partnership, Rooted in Progressivism, Commitment to Nigeria's Prosperity—Christian Aburime The partnership between President Bola Ahmed Tinubu and Governor Charles Soludo has been seen as an instructive pointer to the power of shared vision, ideological alignment, and mutual respect. According to Governor Soludo's Chief Press Secretary, Christian Aburime, the collaboration is rooted in progressivism, federalism, and a commitment to Nigeria's prosperity. President Tinubu and Governor Soludo who were together at …
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