Stanbic IBTC Bank rewards 78 savers with ₦16 million in sixth monthly and second quarterly draws Stanbic IBTC Bank remains committed to putting smiles on the faces of its customers by enhancing their financial well-being. At the bank’s recent Reward4Saving Season 4 Promo combined draw, 78 savers emerged as joint winners of ₦16 million. The milestone event combined the sixth monthly draw with the second quarterly draw for this season. The initiative continues to turn everyday savings into meaningful rewards while inspiring more Nigerians t…
Access Holdings Delivers ₦320.6 Billion Profit Before Tax in H1 2025 Access Holdings Plc (“the Group” or “the Company”) has delivered a profit before tax (PBT) of ₦320.6 billion for the half year ended June 30, 2025, a demonstration of its strategy, diversified growth model, and execution. Profit after tax (PAT) stood at ₦215.9 billion, underscoring the Group’s ability to consistently generate sustainable returns amid a challenging macroeconomic environment. Access Holdings recorded gross earnings of ₦2.5 trillion, a 13.8% increase from ₦…
“It’s Unpatriotic To Make Wealth In Africa And Store It Abroad,” Says Tony Elumelu Tony Elumelu, Chairman of Heirs Holdings and other fortune companies, has called on African investors to retain and reinvest their wealth within the continent, describing the act of moving capital abroad as unpatriotic and detrimental to Africa’s long-term development. Speaking at the 2025 Abuja Business and Investment Summit, Elumelu said the continent’s growth depends on the commitment of its own entrepreneurs and investors to believe in Africa’s potential …
Polaris Bank restates support for SMEs growth in Nigeria with launch of 'EveryDay supermarket' Yenegoa Branch Bayelsa, Nigeria, October 24th : Polaris Bank has reaffirmed its commitment to supporting small and medium-scale enterprises (SMEs) and driving economic growth in Nigeria’s South-South region with the commissioning of the new 'Everyday Supermarket' Yenagoa Store. The grand opening, which took place yesterday at Bay Bridge Junction on the Kpansia-Epie Expressway, Bayelsa State , marks the retail chain’s entry into the …
Access Holdings Reports ₦2.5 Trillion Gross Earnings in H1 2025 Lagos, Nigeria - October 24, 2025: Access Holdings Plc (“the Group” or “the Company”) today announced its half-year audited financial results for the period ended June 30, 2025. The Group’s financial results for the half year ended June 30, 2025, reflect the resilience of our business model, the diversification of our revenue streams, and the steady progress to the execution of our five-year strategic plan. Gross earnings increased by 13.8% year-on-year to ₦2.5 trillion in H1…
Fearless Energy Drink Ignites the Spirit of Bold Self-Expression at Felabration 2025 Olaniyi Aderuku, Brand Manager, Fearless Energy Drink of Rite Foods Limited, and team, presenting a cheque to the winner of the Fearless Rap Battle at the 2025 Felabration themed “Shakara, No Fear,” powered by Fearless Energy Drink. Rite Foods Limited, Nigeria’s leading food and beverage company, through its flagship brand Fearless Energy Drink, electrified this year’s Felabration as the exclusive energy drink sponsor of the iconic week-long festival honoring…
FirstBank Integrates PAPSS into LIT App for Seamless Cross-Border Payments Across Africa Lagos, 22 October 2025 - FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to make instant, secure, and local currency-based cross-border payments across Africa. PAPSS, developed by the African Export-Import Bank (Afreximbank) …
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