Business
Nigeria’s port revolution: 24-hour operations to boost economy
L-R, Minister of State for Finance, Dr. Doris Uzoka-Anite; Minister of Marine Economy, Mr. Gboyega Oyetola; chairman, Senate Committee on Finance, Senator Sani Musa; Minister of Industry, Trade, and Investment, Dr Jumoke Oduwole; chairman, Federal Inland Revenue Service, Dr Zacch Adedeji; Managing Director, Nigerian Port Authority (NPA), Dr Abubakar Dantsoho;…
Read More »First Bank sets sights on another decade of growth amidst challenges
FBN Holdings Plc, the parent company of First Bank of Nigeria Limited, has announced impressive financial results for the first nine months of last year. The company’s earnings per share (EPS) and profit surged by 125 percent year-on-year, demonstrating significant growth and a strong performance. But there is…
Read More »Property dispute: Court vindicates Obanikoro’s son, orders Access Bank MD’s arrest
Stanley Ihedigbo Access Bank’s version of events in the property dispute with Gbolahan Obanikoro has been called into question following a court ruling that undermines the bank’s narrative. This is as Justice Ibironke Harrison of the Lagos State High Court sitting in Tafa Balewa Square has ordered…
Read More »FirstGem: FirstBank’s commitment to unlocking women’s potential
The story of women’s contribution to Nigeria’s economy is as old as the nation itself. It is no secret that women are the largest untapped source of national wealth worldwide. All over the world, women hold their place of pride in commercial enterprise. The Nigerian businesswoman has for…
Read More »Stakeholder trust pays off, as First Bank wins prestigious awards in 2024
Stanley Ihedigbo FirstBank, a stalwart of Nigeria’s banking heritage, stands as a shining example of excellence, innovation, and reliability, leaving an indelible mark on the African financial skyline. In 2024, First Bank of Nigeria Limited stands not just as a financial institution but as an emblem of…
Read More »Nigeria -China relations get boost as Tegbe holds talks with Chinese banks
Stanley Ihedigbo Director-General of the Nigeria-China Strategic Partnership (NCSP), Joseph Tegbe, has embarked on a crucial mission to strengthen Nigeria’s economic ties with China. Recently, he engaged with the China EXIM Bank and China Development Bank to reassess priorities for projects under the Forum on China-Africa Cooperation…
Read More »Nigerian stocks rise by N53bn as Dangote cement, FBN Holding lead
Stanley Ihedigbo Nigerian equity market experienced a significant rebound on Thursday, reversing its previous session’s losses with a substantial gain of N53 billion. The upward momentum was largely driven by the impressive performance of key stocks, including Dangote Cement and FBN Holdings Investor interest in key stocks such as…
Read More »Nigeria, China to deepen economic ties as Joseph Tegbe meets with Chinese officials
Stanley Ihedigbo Director-General of the Nigeria-China Strategic Partnership (NCSP), Mr. Joseph Tegbe, is currently in China to strengthen bilateral relations and promote economic cooperation between Nigeria and China. The visit aligned with President Bola Ahmed Tinubu’s Renewed Hope agenda, which aimed to explore new development paths and bolster…
Read More »Wema, FBN, Universal drive NGX’s N1.137trn weekly gain
Stanley Ihedigbo Nigerian Exchange Ltd (NGX) wrapped up the week on a high note, with its All-Share Index and Market Capitalisation both surging by 1.80% to close at 105,451.06 and N64.303 trillion, respectively. The significant uptick is a testament to the market’s resilience and investor confidence. Theses are…
Read More »First Bank spreads wings: Sets eyes on Ethiopia, Angola, Cameroon
Stanley Ihedigbo First Bank of Nigeria, one of Nigeria’s premier financial institutions, is poised to expand its footprint across sub-Saharan Africa, leveraging the continent’s emerging financial landscape. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria is…
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