Sterling Financial Defies Banking-Sector Slide to Finish Among NGX's Top Gainers …Group's shares climb 7% as Banking Index falls 2.04% Lagos, Nigeria: Sterling Financial Holdings Company Plc bucked a sector-wide pullback on Thursday, as its shares rose 6.67% to ₦8.00 to rank among the best performers on the Nigerian Exchange (NGX). In contrast, the NGX Banking Index shed 2.04% and the wider market fell for a second straight session. Financial Holdings Company Plc pushed higher on Thursday even as the financial stocks it sits alongsid…
NO TO TARIFF INCREASE FOR NOW, AS FG RESTATES COMMITMENT TO IMPROVE ELECTRICITY SUPPLY. In its ongoing efforts to overcome The country's power challenges, the Federal Government has affirmed its commitment to improving electricity for Nigerians, having put in place adequate measures to achieve positive results in line with its renewed hope agenda. This was made known by the Honourable Minister of Power, Joseph Olasunhanmi Tegbe, at a stakeholders’ session in Lagos, which also included the media, on Friday, 31st July 2026, where he pointed …
The Future Belongs to Those Who Show Up Confidence rarely arrives before the opportunity. It arrives afterwards, once we have found the courage to begin. By Yetunde B. Oni |Managing Director and Chief Executive Officer, Union Bank of Nigeria There is a conversation I have had, in one form or another, with many talented people over the years. It usually begins with hesitation. Someone capable and clearly gifted explains why they are not quite ready for the role, the platform, or the opportunity in front of them. They are waiting to feel certain…
Fearless Energy Drink Throws Weight Behind ‘Chaos in the Ring’ Celebrity Fight The number-one energy drink, Fearless Energy Drink of Rite Foods Limited, is set to power the much-anticipated celebrity fight, dubbed “Chaos in the Ring,” between the popular singer Portable and the top actor and comedian Charles Okocha, on Friday, 31 st July, 2026. At today's press conference, anticipation for Chaos in the Ring reached new heights as celebrity fighters Habeeb Okikiola (Portable) and Charles Okocha (Mr Algorithm) came face-to-face in an i…
Dangote Refinery Critical to Nigerian’s $1 Trillion Economy Vision, Says FG … Hails Refinery as Symbol of Nigeria’s Industrial Renaissance … Dangote Says Manufacturing Is the Fastest Route to Jobs and Prosperity The Federal Government has described the Dangote Petroleum Refinery and Petrochemicals as a cornerstone of Nigeria’s ambition to build a $1 trillion economy, pledging deeper collaboration with the private sector to accelerate industrialisation, job creation and economic transformation. Minister of State for Industry, Senator John Owan …
JMG Commissions Advanced Hybrid Solar Power System at Its Victoria Island Branch JMG Limited has successfully commissioned an advanced hybrid solar power system at its Victoria Island Branch in Lagos, reinforcing the company's commitment to delivering reliable, sustainable and cost-efficient energy solutions for businesses across Nigeria. The installation combines 66kWp of high-efficiency solar photovoltaic (PV) generation, 80kW of hybrid inverter capacity, and 81.92kWh of lithium battery storage, creating a fully integrated energy platfo…
Sterling Financial Grows H1 2026 Profit 20% … Balance Sheet Nears ₦5 Trillion Lagos, Nigeria: Sterling Financial Holdings Company Plc ("Sterling Financial" or "the Group") today released its unaudited results for the half-year ended 30 June 2026, posting broad-based growth across key performance indices. The Group’s gross earnings rose 31.5% to ₦279.6 billion over the corresponding period in 2025, led by a 33.7% jump in interest income to ₦223.6 billion as the loan book expanded and asset yields improved. Net interest incom…
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