Business
Manufacturers cry out: Banks’ unfair forex practices threaten industry
Manufacturers Association of Nigeria (MAN) has expressed deep concerns regarding the unwholesome treatment of its members by some commercial banks in Nigeria regarding unmet foreign exchange (Forex) forward obligations. According to the Director General Manufacturers Association of Nigeria, Segun Ajayi-Kadir, as a vital sector of the economy, manufacturers rely heavily…
Read More »Champion Breweries unveils growth strategy at 49th AGM, targets sustained expansion
Tony Okoh, Uyo Champion Breweries Plc has marked a transformative milestone in its 49-year history by announcing its first-ever dividend payment following a year of outstanding financial performance. The announcement was made during the company’s 49th Annual General Meeting (AGM), held virtually with shareholders joining from Uyo and Lagos. The…
Read More »Nigerian Breweries bolsters sales team with Emmanuel Oriakh’s appointment
Nigerian Breweries Plc has appointed Emmanuel Oriakhi as its new Sales Director. The strategic move aimed to bolster the company’s sales team and drive business growth. The appointment was conveyed through a statement issued and signed by the Managing Director, Hans Essaadi recently. Since November 2024, Emmanuel has been leading…
Read More »Fidelity Bank CEO boosts stake, acquires 18m shares
Fidelity Bank CEO Dr. Nneka Onyeali-Ikpe has acquired an additional 18 million shares in the bank, valued at approximately ₦366 million. This purchase, executed at ₦20.35 per share on May 19, 2025, demonstrates her confidence in Fidelity Bank’s resilience and long-term success. According to a regulatory filing posted on the…
Read More »Is Nigeria ready to reclaim its position as a global palm oil leader?
By Caleb Ohaeri Nigeria’s Palm Oil production potential is incredibly enormous and can compete on the world stage. Nigeria has over 10 million hectares of arable land suitable for oil palm cultivation, with the potential to increase output significantly. The country once produced 43% of the world’s…
Read More »CBN quells rumours, affirms banking system’s resilience
Stanley Ihedigbo Central Bank of Nigeria (CBN) has issued a reassuring statement regarding the stability of the Nigerian banking sector. In response to certain publications and social media reports containing misleading information about a regulated financial institution, the CBN has categorically stated that the sector remains resilient, safe, and sound.…
Read More »Uyo hosts largest gathering of PR professionals at NPRW 2025
Nigeria Public Relations Week (NPRW) 2025 is set to hold from May 19 to May 23 in Uyo, Akwa Ibom State, with over 1,000 delegates expected to attend. The event promises to be a convergence of ideas, people, and opportunities for the PR profession, featuring keynote speakers, panel discussions, and…
Read More »FirstBank retains retail dominance by boosting businesses with its temporary overdraft product
By Tosin Ajayi In a dynamic and often unpredictable financial landscape like Nigeria, the ability to access funds at critical moments makes all the difference. For entrepreneurs, financial agility is often the key to unlocking growth and success. With fluctuating prices and unexpected financial policies, many businesses in recent times…
Read More »Africa’s future leaders: How personal branding is creating a new generation of thought leaders
In today’s Africa, a new breed of thought leaders is emerging, driven by the power of personal branding. According to Preciousgift Ajudie-Ogunsanya, a Personal Branding and PR Expert, personal branding is the art and strategy of turning personal credibility into purposeful influence. This shift is transforming the way Africans build…
Read More »Fidelity Bank’s strong Q1 results propel stock to N21, market cap to N1trn
Fidelity Bank Plc has reentered the trillion-naira market capitalisation club, after its share price rose by 5.3%, climbing from ₦19.95 to ₦21.00 on May 13, 2025, according to data from the Nigerian Exchange Limited (NGX). This latest development also brings the total number of Nigerian companies with a trillion-naira market…
Read More »










