BUSINESS

BY ABU-SATAR HAMED Zenith Bank Plc., one of Africa’s leading financial institutions, has reaffirmed its commitment to employee welfare by promoting over 4,000 staff members and implementing salary increases ranging from 20% to 30% across various employee grades. This bold initiative, led by Managing Director/CEO Dame Adaora Umeoji, aimed to …

CAPE TOWN, SOUTH AFRICA – JANUARY 29, 2025: Access Bank PLC is set to host its first-ever Africa Trade Conference (ATC), a landmark event focused on advancing Africa’s economic transformation under the theme, ‘Empowering Africa Through Trade, Innovation, and Sustainable Growth’. Scheduled for March 12, 2025, in Cape Town, South …

  LAGOS, NIGERIA – Access Bank PLC (‘the Bank’), the flagship subsidiary of Access Holdings PLC (‘the Company’), has been honoured with the prestigious THISDAY Global Bank of the Year award for 2024, recognising its significant impact on the global banking landscape. Also, AigbojeAig-Imoukhuede, Chairman of Access Holdings, received the …

BY ABU-SATAR HAMED LAGOS, NIGERIA – The Dangote Petroleum Refinery is set to receive a shipment of up to 12 million barrels of crude oil from the United States to sustain its operations. This development comes as the refinery faces challenges in securing adequate crude supply locally. Despite the refinery’s …

LAGOS, NIGERIA – JANUARY 06, 2025 – Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of …

BY ABU-SATAR HAMED Air Peace, Nigeria’s leading airline, has reaffirmed its commitment to strengthening connections between Africa and its global diaspora. This pledge was highlighted through a strategic partnership with the Africa Diaspora Investment Network Alliance (ADINA) Summit 2024. As revealed in a release e-signed by Dr. Ejike Ndiulo, Head …

BY DEOLA ADEYEMI ILARO-YEWA, OGUN STATE, NIGERIA – The Yewa People Development Council (YPDC) held its much-anticipated inaugural Annual General Meeting (AGM) at the Private Palace of the Paramount Ruler of Yewaland, Ilaro, on Monday December 30, 2024, bringing together key stakeholders, traditional rulers, and community leaders from across Yewaland. …

BY ABU-SATAR HAMED (reporting from Leeds, UK) ILARO-YEWA, OGUN STATE, NIGERIA – The Olofin Adimula of Ado-Odo, Oba Olusola Lamidi Osolo, has been formally admitted as a member, Board of Trustees (BoT) of the Yewa People Development Council (YPDC). This appointment fills the vacancy left by the transition of the …

ABEOUKUTA, OGUN STATE, NIGERIA – The Governor of Ogun State, Prince Dapo Abiodun, paid a courtesy visit to the Executive Chairman of BUA Group, Abdul Samad Rabiu, at his Banana Island residence in Lagos. The visit was an opportunity for the governor to express gratitude to the renowned industrialist for …

BY LANRE OGUNDIPE For 37 years, Bala Suya was a formidable presence in the suya business in Ibadan, carving out a distinct identity that set him apart from the Hausa community in Sabo, who traditionally dominated the trade. Bala’s journey began at the tender age of 17 when he was …