Fidelity Bank Extends Support to Oluyole Cheshire Home in Ibadan
BY NGOZI ONYEAKUSI In the spirit of the festive season, leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to inclusive community support through a charitable outreach to Oluyole…
Recapitalisation: FirstBank Meets ₦500bn Regulatory Requirement
...Shareholders commit to future injection of more capital to the Groups’ other subsidiaries BY NGOZI ONYEAKUSI Olusegun AlebiosuMD/CEO FirstBank First HoldCo Plc has announced that its commercial banking subsidiary, First…
Leadway Assurance Commences Comprehensive Verification Exercise for African Alliance Annuitants
BY NGOZI ONYEAKUSI Leadway Assurance Company Limited has officially commenced a comprehensive verification exercise for all African Alliance Annuitants following the successful takeover of the African Alliance Insurance Annuity portfolio.…
Why 2026 Must Be the Year Nigeria’s Economy Works for All
BLAISE UDUNZE As the new economic year begins in Nigeria, statements and policies emanating from government officials' corridors project cautious optimism. One of the official narratives that expresses renewal of…
Nigeria’s banks close 229 branches as POS transactions surge
Nigeria’s banking industry is witnessing a major shift from traditional branch banking to electronic platforms, with 229 physical bank branches shutting down in just one year as customers increasingly rely…
Sovereign Trust Insurance Unveils New MD/CEO
BY NGOZI ONYEAKUSI *Durojaiye Sovereign Trust Insurance Plc has announced the appointment of Dr. Lucas A. Durojaiye as the new Managing Director/Chief Executive Officer (MD/CEO) of the Company, following the…
NNPC opens talks to sell stakes in assets – Report
The Nigerian National Petroleum Company Limited has begun moves to sell stakes in some of its oil and gas assets, a new report by Reuters has revealed. This is as…
NNPCL restores Escravos-Lagos pipeline to full operations
Nigerian National Petroleum Corporation Limited, NNPCL, has announced the successful restoration of the Escravos–Lagos Pipeline System (ELPS) in Warri, Delta State. In a statement, the company said: “Following the unexpected…
High airfare: Airlines lie about multiple taxes – NCAA
*Achimugu The Nigeria Civil Aviation Authority (NCAA) has pushed back on domestic airlines’ claims of excessive taxation as reason for the recent imposition of prohibitive fare on air passengers.…
Nigeria’s N58.18trn Budget and Rising Cost of Deficit Governance
BY BLAISE UDUNZE When President Bola Tinubu presented the trillion 2026 Appropriation Bill to the National Assembly, unbeknownst to some, it opened with a contradiction that should unsettle even its…
Access Bank and Rebirth of National Theatre: Revitalising Nigeria’s Cultural Future
BY NGOZI ONYEAKUSI When the National Theatre Lagos first opened ahead of FESTAC ’77, an architectural marvel, a symbol of the cultural soul of a nation ready to introduce its…
FirstBank Introduces Exclusive 500-Seater Bleacher at Carnival Calabar & Festival 2025
Olusegun AlebiosuMD/CEO FirstBank FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has officially announced its sponsorship of the Carnival Calabar & Festival 2025, unveiling a landmark addition…
Fire Incident At Great Nigerian House: Our Operations Not Affected Say GNI
BY NGOZI ONYEAKUSI The management of Great Nigeria Insurance Plc (GNI) has assured the general public that its operations is not affected by the fire incident at GNI House located…
NNPCL’s moves to reinvent self for growth
In an industry often defined by volatility, power struggles and complex stakeholder demands, the Nigerian National Petroleum Corporation (NNPC) Limited seems to have quietly mastered the art of strategic alignment…
N739/litre: Marketers lament low sales as Dangote launches nationwide petrol rollout
Fuel marketers are lamenting low sales following the nationwide rollout of petrol by Dangote Refinery at N739 per litre. Marketers, who spoke to Daily Sun in separate interviews, said the…
Trending Events Amidst Governor Buni’s Yobe Achievements (1)
By Hassan Gimba Many things happened in Nigeria last week that will trend for a time. Among them were two weighty revelations, one of which led to two ‘juicy’ resignations.…
Momoh, Auwal, Abubakar Others Shine at Cycling Kano 2025
L-R: Bamidele Adeleye, Managing Director, BrandEscort Communications; Jacob Ishaku, Silver Medal Winner, Professional Category; Isa Momoh, Gold Metal Winner; Alhaji Sanusi Bello, Barwan Kano, repressing, Mallam Muhammadu Sunusi II, the…
Shareholders Approve Guinea Insurance Plan To Increase Share Capital to N19bn
NGOZI ONYEAKUSI L–R): Mrs. Chioma Okigbo, Non-Executive Director, Mrs. Ogonna Offor-Orabueze, Executive Director, Technical, Mr. Ademola Abidogun, Managing Director and Chief Executive Officer, Mr. Temitope Borishade, Chairman of the…
Agusto & Co. Assigns Universal Insurance “Bbb-” Ratings with Stable Outlook
BY NGOZI ONYEAKUSI Agusto & Co. has assigned a "Bbb-" long-term rating to Universal Insurance Plc, reflecting the company’s long operating history, improved profitability, low loss ratio, moderate liquidity position…
Nigeria: Digital Economy Revenue to Top $18.30bn by 2026
BY NGOZI ONYEAKUSI L-R: Garba Kurfi, Managing Director/CEO, APT Securities and Funds Limited; Prince Cookey, Publisher/Editor-in-Chief, Business Journal Media Group; Olatunde Amolegbe, Managing Director/CEO, Arthur Stevens Asset Management Limited…
