Stanbic IBTC Surges 82% To N551.7bn Profit As Deposits Swell To N4.3 Trillion, Declares N4 Dividend

Stanbic IBTC Holdings Plc has delivered a commanding performance in its 2025 financial results, with pretax profit surging 81.62 percent to N551.7 billion from N303.7 billion in 2024, driven by robust growth across interest and non-interest income lines and strengthened balance sheet expansion. Interest income climbed 38.94 percent year-on-year to N787.05 billion, with loans and advances contributing 60 percent and investment income accounting for 36 percent. Net interest income rose to N585 billion, up 42.53

NCC, CBN Launch Real-Time Fraud Detection Portal To Close Nigeria’s Digital Identity Vulnerability

The Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have signed a Memorandum of Understanding for the creation of a fraud detection portal. The Telecom Identity Risk Management System (TIRMS) Portal was launched on April 20, 2026. It is a centralized system designed to give banks, fintechs, and telecom operators instant visibility into the status of mobile numbers used in financial transactions, flagging high-risk numbers, including those recently swapped, recycled, or blacklisted,

ADVAN Welcomes Otega Ogra’s Election To WFA Executive Committee, Hails It As Milestone For Nigeria’s Advertising Industry

The Advertisers Association of Nigeria (ADVAN) has welcomed the election of its Vice President, Mr. Otega Ogra, to the Executive Committee of the World Federation of Advertisers (WFA), describing it as a significant milestone for Nigeria’s advertising and marketing communications industry. Mr. Ogra, who also serves as Senior Special Assistant to President Bola Ahmed Tinubu on Digital Engagement, Strategy and New Media, was elected during the WFA Global Marketer Week in Stockholm, Sweden, bringing Nigerian

BUA Group Disburses ₦842.64bn Dividend, Receives Accolades On Corporate Governance

BUA Group's two publicly listed companies, BUA Foods Plc and BUA Cement Plc, are distributing ₦842.64 billion in cash dividends to shareholders, a record payout that has sparked widespread shareholder praise for BUA Group's approach to translating corporate success into broader societal benefit. BUA Foods is distributing ₦504 billion with a final dividend of ₦28 per share, a 115.4 percent increase from ₦13 paid in 2024, while BUA Cement is paying ₦338.64 billion, implying ₦10 per share, representing a

FG Commends FMN For Promoting Industrial Growth, Job Creation

Nigeria’s Minister of State for Industry, John Enoh, has commended Flour Mills of Nigeria (FMN Plc) for its support in industrial growth and Job creation. The Minister spoke during a visit to the company’s Sunti complex in Niger State, accompanied by Kamar Bakrin, the Executive Secretary of the National Sugar Development Council. The visit forms part of ongoing inspections of major sugar projects aimed at speeding up Nigeria’s goal of becoming self-sufficient in sugar production, in line with the policy direction

Bridging The Mid-Career Gap: How SilverLiners Is Preparing Young Ladies For Executive Leadership

Sooner or later, every growth-focused woman will get to that point in her career journey where merit alone stops being the primary engine of advancement. At this point, you need more than your core skills to advance into higher leadership roles in the corporate world. This is where strategic visibility, leadership competence, and relationships (yes! Even office politics) become the wheels upon which competence rests, as you navigate your way up the corporate ladder. Transitioning from being the ‘skilled lady

NB Gravitates From Losses To Over ₦2Trillion Market Cap In A Defining Year Of Profit, Purpose, Planet

At its 80th Pre-AGM media briefing in Lagos, Nigeria's oldest and largest brewer unveiled a striking double story of a dramatic financial comeback and an accelerating sustainability agenda that is reshaping what it means to be a responsible corporate giant in Africa. Nigeria's largest brewer has achieved Zero Waste to Landfill across all its operational breweries, planted over 300,000 trees, and is now powering its facilities with some of the largest renewable energy installations among industrial manufacturers

BIC Nigeria Celebrates Growth & Partnership At 2026 Distributor Gala Night & Award Ceremony

BIC, a global leader in stationery, lighters, and shavers, brought together its sales teams, distributor partners, and leadership in Lagos for its 2026 Distributor Gala Night and Award Ceremony: an evening dedicated to recognizing the partnerships driving BIC's growth across Nigeria. The event celebrated the strength of BIC's distributor network, which supports thousands of retail touchpoints nationwide, enabling the company to reach consumers across urban, semi-urban, and underserved communities while supporting

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Beyond Digital: Why Nigerian Banks & Corporates Still Bet Big On Print Media…

P+ Measurement Services, Nigeria’s leading independent media intelligence consultancy, has released
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People

Apple Appoints John Ternus As New Global CEO

Global tech giant, Apple Inc. has appointed John Ternus as its new Chief Executive Officer, effective
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From Detty December To AFRIMA: How Lagos Is Redefining Destination Branding With…

From Afrobeats to festivals, sports to December revelry, Lagos is showing African cities how to turn
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I Want To Be Remembered As Someone Who Served With Unwavering Dedication -Steve…

If there is anything Steve Babaeko loathes with great passion, it is self-glorification. When he was
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