Dangote Refinery says ex‑depot price remains unchanged Dangote Petroleum Refinery and Petrochemicals Limited has revealed that the price of Premium Motor Spirit (PMS) remains same, stating that its ex‑depot price remains unchanged. The Refinery by sustaining it’s current prices is reaffirming its commitment to supporting stability in the domestic energy market and cushioning the wider economy against external shocks. By absorbing prevailing cost pressures, the refinery continues to help moderate inflationary risks, promote energy affordability…
ZENITH BANK APPOINTS ENGR. MUSTAFA BELLO AS CHAIRMAN AT ANNUAL GENERAL MEETING Zenith Bank Plc has announced the appointment of Engr. Mustafa Bello as the Chairman of its Board of Directors. The appointment, which takes immediate effect, has been approved by the Central Bank of Nigeria (CBN) and ratified by shareholders at the Annual General Meeting held on May 5, 2026. Engr. Bello’s appointment represents a strategic step to ensure the continuity, stability, and sustained effectiveness of the Board, while reinforcing the high standards of cor…
Over 450 homes disbursed as Stanbic IBTC redefines home ownership in Nigeria Stanbic IBTC is strengthening its position as a trusted leader in home financing in Nigeria through its ongoing partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF). The organisation’s Banking business continues to help professionals, entrepreneurs, and married couples in Nigeria and the diaspora achieve homeownership with greater ease and confidence. In a market where housing supply significantly lags demand and traditional mort…
BANKING BEYOND THE BALANCE SHEET: UNION BANK'S ASBON RECOGNITION AND NIGERIA'S SMALL BUSINESS ECONOMY From left: President, Association of Small Business Owners of Nigeria (ASBON), Dr. Femi Egbesola and Head, SME Segment, Union Bank of Nigeria, Mr. Ayokunnumi Abraham during the presentation of the Best Bank for SME Growth Banking Initiative Award, 2025, to Union Bank of Nigeria at the 6th Nigeria National SME Business Awards (NNSBA), held on April 30, 2026, at the Rotary Centre, Ikeja, Lagos Union Bank of Nigeria has been named winner …
Polaris Bank Supports the Launch of NACCIMA Call Center to Drive Growth for Nigerian Exporters Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris Bank, presents office equipment for takeoff and smooth operation of NACCIMA Export Support Centre in Lagos recently. Polaris Bank, Nigeria’s leading digital retail and commercial bank, has proudly facilitated the launch of the NACCIMA Export Support Call Center, a vital initiative designed to provide comprehensive support to Nigerian exporters, especially those operating in t…
Q1 2026: Dangote Cement Grows Exports by 71.6% as Capacity Hits 55MTA President/CE: L-R: CEO, Norges Bank Investment Management (NBIM), Nicolai Tangen and President/CE, Dangote Industries Limited, Aliko Dangote during a meeting at a fireside chat session in Norway Dangote Cement Plc has recorded a strong performance in the first quarter of 2026, growing its cement and clinker exports from Nigeria by 71.6 per cent, as the Group’s total installed production capacity reached 55 million tonnes per annum (MTA) across Africa. During the period under…
APC Oyo Congratulates Tegbe on Ministerial Nomination, Expresses Confidence in Power Sector Reforms Ibadan, May 4, 2026 — The Oyo State Chapter of the All Progressives Congress (APC) has congratulated Chief Joseph Olasunkanmi Tegbe on his nomination as Nigeria’s Minister of Power, describing the development as well-deserved and timely, given the country’s pressing need for sustained reforms in the energy sector. In a statement jointly signed by the State Chairman, Chief Moses Adeyemo Alake, and the State Secretary, Hon. (Barr.) Fatai Adesina, …
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