JMG and Mitsubishi Heavy Industries Celebrate 10-Year Partnership Delivering Over 20,000 kVA of Power Solutions in Nigeria
JMG and Mitsubishi Heavy Industries Celebrate 10-Year Partnership Delivering Over 20,000 kVA of Power Solutions in Nigeria JMG, Nigeria’s leading supplier of power solutions, proudly marks a decade of successful collaboration with Mitsubishi Turbocharger and Engine Europe B.V., part of Mitsubishi Heavy Industries Group, in delivering high-performance diesel and gas generators across Nigeria. Over the past 10 years, this partnership has seen the deployment of more than 20,000 kVA of Mitsubishi-branded heavy-duty generator sets, powering key inf…
Fidelity Bank Increases Staff Salaries
Fidelity Bank Increases Staff Salaries Tier-one lender, Fidelity Bank Plc, has recently announced salary increments for its staff following a remarkable full year 2024 financial performance. The salary increase announced in May follows a prior increment from November 2024 and aims to recognize staff contributions in customer service and achieving corporate goals. It will be recalled that the Dr. Nneka Onyeali-Ikpe-led institution recorded the highest growth in year-on-year profitability in the Nigerian banking industry in 2024 with a 210% gro…
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WHEN LEGACY MEETS PREPAREDNESS – OLUSEGUN ALEBIOSU AS CEO, FIRSTBANK GROUP
WHEN LEGACY MEETS PREPAREDNESS – OLUSEGUN ALEBIOSU AS CEO, FIRSTBANK GROUP By Aniekan Ezekiel What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the opposite situation: When legacy meets unpreparedness. The world abounds in examples of this distressing situation. A dynasty that has built wealth from generation to generation, with its illustrious heirs providing generational leadership, finds itself in a strange phase where …
IHS Nigeria Partners with NSCDC to Enhance Security of Telecommunications Infrastructure
IHS Nigeria Partners with NSCDC to Enhance Security of Telecommunications Infrastructure May 22, 2025, Lagos: IHS Nigeria, part of the IHS Holding Limited (NYSE: IHS) (“IHS Towers”) group, one of the largest independent owners, operators, and developers of shared communications infrastructure in the world by tower count, has announced a strategic partnership with the Nigeria Security and Civil Defence Corps (“NSCDC”) to enhance the protection of critical telecommunications infrastructure across Nigeria. IHS Nigeria, which owns and operates ove…
Dangote Refinery Reduces PMS Price Again by N15; now N875/litre
Dangote Refinery Reduces PMS Price Again by N15; now N875/litre Dangote Petroleum Refinery & Petrochemicals has announced another reduction of N15 in the price of its high-quality Premium Motor Spirit (PMS). As a result of this reduction, Nigerians will now purchase the product at the following prices: N875 per litre in Lagos; N885 per litre in the South West; N895 per litre in the North West and North Central, while it will be sold for N905 per litre in the South East, South South, and North East. These prices will apply through all its…
Fidelity emerges fastest growing brand as value more than triples
Fidelity emerges fastest growing brand as value more than triples Fidelity Bank Nigeria has emerged as the fastest-growing Nigerian brand as the lender’s value more than tripled, displacing Stanbic IBTC, a new report by Brand Finance, a London-based brand valuation consultancy revealed. The bank’s emergence highlights the lender’s expanding market influence and strong investor confidence as the financial institution continues to deliver value for its customers amid tough economic conditions. “Fidelity Bank’s brand value growth is underpinned …
Stanbic IBTC Bank Home Loan Summit Returns: Transforming the path to home ownership
Stanbic IBTC Bank Home Loan Summit Returns: Transforming the path to home ownership Stanbic IBTC Bank is set to host the 2025 Home Loan Breakfast Session, themed "Building Tomorrow Today: Transforming the Path to Homeownership." This highly anticipated event will take place in Lagos on Tuesday, 03 June 2025 and later in the year in Abuja, offering both in-person and virtual participation. Building on the success of its inaugural summit, Stanbic IBTC Bank is committed to empowering individuals, families, and business owners with the m…
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