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Business
Polaris Bank Plc has restated its commitment to exceptional customer experience as it joins the global celebration of the 2025 Customer Service Week, themed “Mission: Possible.” The annual event, held from October 6 to 10, celebrates customer service professionals and their vital role in driving customer satisfaction and business growth. Speaking at the Lagos headquarters, ...
Business
Polaris Bank has reaffirmed its commitment to delivering exceptional customer experiences as it joins global celebration of the 2025 Customer Service Week, with the theme: “Mission: Possible”. The annual global event, which runs from Oct. 6 to Oct. 10 is dedicated to recognising the vital role of customer service professionals and the value they bring ...
Business Direct
FCMB Group Plc has reported a robust financial performance for the half year (H1) ended June 30, 2025, with profit before tax (PBT) rising to N79.3 billion. This represents a 23 per cent year-on-year increase from the N64.5 billion recorded in the corresponding period of 2024. The Group sustained its earnings momentum despite facing inflationary ...
News
FCMB Group Plc has reported a robust financial performance for the half year (H1) ended June 30, 2025, with profit before tax (PBT) rising to N79.3 billion. This represents a 23 per cent year-on-year increase from the N64.5 billion recorded in the corresponding period of 2024. The Group sustained its earnings momentum despite facing inflationary ...
Money market
...calls for policy to curb industrial actions in energy, transport, other sectors The Centre for the Promotion of Private Enterprise (CPPE) has called on the Federal Government to urgently create legal frameworks to protect investors and employers. This comes on the heel of the recent face-off between Dangote Refinery and PENGASSAN. In its latest policy brief titled “Protecting ...
Money market
Investors in the Nigerian equities market gained a total of N1.1 trillion in the trading week that just ended, driven by a bullish sentiment that prevailed through all four trading sessions leading up to the Independence Day holiday. Data from the Nigerian Exchange Limited (NGX) showed that the market capitalisation increased to N91.1 trillion, up ...
Capital Market
The Securities and Exchange Commission (SEC) has proposed a minimum capital requirement of N10 billion for Credit Enhancement Service Providers (CESPs) in Nigeria, under draft rules aimed at strengthening market stability, protecting investors, and unlocking funds for infrastructure financing. According to the rules, providers that fall short of the threshold will be barred from issuing ...
Capital Market
The Nigerian stock market gained N170 billion on Thursday, lifted by strong rallies in PZ Plc, Eterna Plc, and Champion Breweries, which topped the gainers’ chart. The benchmark All-Share Index (ASI) rose to 142,979.46 points from 142,710.48 points the previous day, while market capitalization advanced to N90.7 trillion, up from N90.5 trillion on Tuesday. Market ...
Business Direct
The Secretary-General of the International Maritime Organization (IMO), Mr. Arsenio Domínguez, has praised Nigeria’s achievements in maritime security and the development of its blue economy, describing the country’s Deep Blue Project as a model for regional cooperation in the Gulf of Guinea. Domínguez, who arrived in Nigeria on Thursday, made the remarks during a courtesy ...
Transport
The Abuja–Kaduna Train Service (AKTS) officially resumed operations on Wednesday, October 1, 2025, following weeks of intensive inspections, safety checks, and staff training carried out by the Nigerian Railway Corporation (NRC). The first train departed from Idu Station in Abuja, stopped at Kubwa to pick up passengers, and successfully arrived at Rigasa Station in Kaduna. ...
Economy
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has instituted a new lecture series to be held in collaboration with leading tertiary institutions across the country over the next three years. A statement from the CBN on Tuesday said, “This initiative is designed to be a platform for thought-leadership discourse on national economic development.” ...
Economy
As Nigeria marks 65 years of independence, the Lagos Chamber of Commerce and Industry (LCCI) has warned that high inflation and ongoing tax reforms could pose challenges to businesses, even amid signs of economic recovery. In a statement on Tuesday, LCCI President Gabriel Idahosa noted positive trends, including accelerating growth, recovery in the oil and ...
Business Direct
Zenith Bank Plc has announced that its Board of Directors will meet on Thursday, October 30, 2025, to review and approve the Group’s unaudited financial statements for the third quarter ending September 30, 2025. The bank disclosed the development in a statement signed by Company Secretary Michael Otu on the Nigerian Stock Exchange (NGX) website. ...
Business
Access Bank Plc has launched the 2025 edition of its flagship Womenpreneur Pitch a Ton, offering over N17.5 million in grants to female entrepreneurs across Africa, alongside mentorship, business training, and networking opportunities. Applications for this year’s programme opened on September 19, 2025, and will close on October 3, 2025. The initiative, which started in ...
Transport
The Nigerian Railway Corporation (NRC) has announced that online ticket sales for the Abuja–Kaduna Train Service (AKTS) are now open, ahead of the resumption of passenger operations on Wednesday, October 1, 2025. In a statement on Monday, the Chief Public Relations Officer of NRC, Callistus Unyimadu, said passengers can purchase tickets via https://nrc.tps.ng or at designated stations. ...
Maritime and Blue Economy
The Lagos State Government, through the Lagos State Waterways Authority (LASWA), has announced the partial closure of all private and commercial jetties and terminals along the Five Cowries Creek from Friday, October 3, to Sunday, October 5, 2025. In a statement issued by its Public Relations Unit, LASWA explained that the temporary restriction is to ...
Maritime and Blue Economy
The Nigerian Exchange Limited (NGX) has reaffirmed its commitment to providing sustainable financing solutions critical for driving the growth of Nigeria’s burgeoning marine and blue economy, which is estimated to be worth over $296 billion. Speaking at the 3rd Quarter Citizens’ and Stakeholders’ Engagement of the Ministry of Marine and Blue Economy in Lagos, NGX ...
Maritime
The Managing Director of Truck Transit Park Limited (TTP), Jamal Onwubuariri, has raised a serious alarm regarding the insufficient deployment of infrastructure and technology at Nigeria's ports and border posts, stating they are simply not sufficient for the high volume of cargo entering the West African region. Speaking at the 2025 Transport Summit organized by ...
Capital Market
Investors in the Nigerian equities market saw significant gains on Tuesday, recording a market capitalization increase of N465 billion, driven by notable price surges in select stocks. The benchmark All-Share Index (ASI) climbed by 0.23% to close at 142,710.48 points, up from 142,377.56 points the previous day. Consequently, the total equity market capitalization rose from ...
News
When the first aircraft touched down at the newly commissioned Gateway International Airport in Ogun State, it represented more than the completion of an ambitious infrastructure project. It was the fulfilment of a long-standing pledge and the start of a new chapter in the state’s drive for economic transformation. All preparations are now in place ...
