BUSINESS

BY ABU-SATAR HAMED Dangote Petroleum Refinery & Petrochemicals has announced a reduction in the price of its diesel product to N1,020 per litre, down from N1,075 per litre at the gantry price. This move aimed to enhance affordability and better serve its customers and Nigerians at large. Since commencing diesel …

LAGOS, NIGERIA – HabariPay’s Squad, payment fintech subsidiary of Guaranty Trust Holding Company Plc (“GTCO” or the “Group”), on February 3, 2025 announced dates for its annual social coding competition. Building on the success of the inaugural edition, “Squad Hackathon 2.0” is set to take place from the 13th-15th of …

BY ABU-SATAR HAMED   LAGOS, NIGERIA – Dangote Petroleum Refinery has marked a major achievement by successfully exporting two cargoes of jet fuel to Saudi Aramco. This milestone underscores the refinery’s growing influence in the global oil market. Saudi Aramco, the recipient of the jet fuel cargoes, is the world’s …

LAGOS, NIGERIA – Nigerian singer Seun Kuti has sparked a wave of controversy after revealing that his sister lost over ₦50 million in cryptocurrency investments. The explosive revelation was shared in a passionate video that quickly went viral on X (formerly Twitter), recently. In the video, Kuti expressed his deep …

LAGOS, NIGERIA – JANUARY 31, 2025: Access Holdings Plc has officially appointed Mr. Uche Orji as an Independent Non-Executive Director of its flagship subsidiary, Access Bank Plc. This appointment, which takes effect from January 7, 2025, has been approved by the Central Bank of Nigeria (CBN). According to a statement …

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 …