Business

Wema Bank Releases unaudited results for H1 2025, Profit Before Tax climbs 231% to N101.2billion.

Written by 31 July, 2025
Wema Bank Plc, Nigeria’s oldest indigenous bank, most resilient and pioneer of Africa’s first fully digital bank, ALAT, has released its unaudited consolidated financial statements for the half-year period ended June 30, 2025, to the Nigerian Exchange Group (NGX).

Reforms at NCC Set to Boost Nigeria's GDP by $25 Billion Through Telecom Sector Contribution

Written by 21 July, 2025
The ongoing reforms at the Nigerian Communications Commission (NCC) are projected to raise the telecommunications sector’s annual contribution to Nigeria’s Gross Domestic Product (GDP) to $25 billion in the coming years, as the industry continues its steady trajectory of growth under the leadership of Aminu Maida.

Keyamo Receives Egyptian Foreign Minister, Signs Strategic MoU, Enhanced BASA To Boost Aviation Ties

Written by 21 July, 2025
The Honourable Minister of Aviation and Aerospace Development, Festus Keyamo, SAN, CON, FCIArb (UK), today received the Egyptian Minister of Foreign Affairs, Dr. Badr Abdellatty, in his office in Abuja for the formal signing of a landmark Memorandum of Understanding (MoU) and an Enhanced Bilateral Air Services Agreement (BASA) between the Federal Republic of Nigeria and the Arab Republic of Egypt.

"ZENITH BANK CROWNED NIGERIA'S TOP BANK AT EUROMONEY AWARDS 2025

Written by 21 July, 2025
Zenith Bank Plc has been named “Nigeria’s Best Bank” at the Euromoney Awards for Excellence 2025, emerging as Nigeria’s standout performer, and clinching the biggest and most coveted country award.

BILLIONS IN 10 DAYS! SunTrust Bank MD, Buba Accused of Swapping $12M for Achimugu in Shocking Deal

Written by 18 July, 2025
The trial of Halima Buba, the Managing Director of SunTrust Bank, and the Executive Director, Innocent Mbagwu, accused of $12 million money laundering, commenced yesterday at the Federal High Court in Abuja.

FirstBank, NLNG, Shell back QEDNG Creative Powerhouse Summit

Written by 14 July, 2025
Nigeria’s leading commercial bank, First Bank of Nigeria, has joined forces with Mighty Media Plus Network Limited for the maiden edition of the QEDNG Creative Powerhouse Summit.

Lagos Speaker, Turkish Airlines, International Stars Grace The Expatriates Business Awards (TEBA) 2025

Written by 12 July, 2025
The Honourable Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, Lokman Balkan, Turkish Airlines's topshot, actresses Lilian Bach, Ronya Man and Ghanaian born broadcaster extraordinaire, Riyah Abdul, among others are part of the high flying guests and award recipients at just concluded The Expatriates Business Awards (TEBA) 2025.

EFCC Secures Final Forfeiture of Assets Tied To Multi-Billion Naira Bank Scam

Written by 11 July, 2025
In a landmark ruling aimed at curbing the proceeds of financial crimes, Justice Daniel Osiagor of the Federal High Court in Lagos on Friday ordered the final forfeiture of a sprawling array of assets, luxury vehicles, and cash —both in naira and dollars—linked to a massive fraud scheme involving the illegal diversion of funds from Union Bank customers.
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