Petrol Production At Dangote Refinery Affecting European Market — OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has reduced the importation of refined products from Europe. In its Monthly Oil Market Report published on January 15, 2025, the global body said with the refining efforts of the Lagos-based refinery, gasoline volumes produced in the international markets would have …

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FirstBank clarifies misleading reports, reassures customers of Gold Standard Banking Services

Our attention has been drawn to recent media reports regarding a commercial transaction between First Bank of Nigeria Limited (FirstBank) and General Hydrocarbons Limited (GHL) that is currently a subject of litigation. As a responsible and law-abiding corporate citizen of Nigeria with utmost respect for the courts, FirstBank will not be able to offer comments on issues which are pending …

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NGX weekly: Investors gain N1.137trn as Wema, FBN, Universal lead

The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.80 per cent each, to close the week at 105,451.06 and N64.303 trillion respectively. These are against 103,586.33 and 63.166 trillion posted last week. Consequently, equity investors gained a total of N1.137 trillion for the week under review. Similarly, all other indices finished higher with the exception of …

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Expanding footprint -Nigeria’s FirstBank sets sights on Ethiopia, Angola, Cameroon

Building on its long-standing presence in sub-Saharan Africa, First Bank of Nigeria Limited is gearing up for its next growth phase as financial systems across the continent open up to new opportunities. More than a decade after an acquisition spree that boosted its footprint in sub-Saharan Africa, First Bank of Nigeria Limited is looking to expand into several other countries, …

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Fidelity Bank Supports Improved Maternal Health in Lagos

Leading Financial Institution, Fidelity Bank Plc, has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre (PHC), Lagos. The donation, organized by the Great Minds Inductees Class, was made possible through the Fidelity Helping Hands Program (FHHP), a Corporate Social Responsibility (CSR) initiative by Fidelity Bank Plc aimed at promoting staff involvement in community development. Through the …

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Alebiosu: In line with our vision, FirstBank is well-positioned to break new grounds in 2025 and beyond

As the foremost Nigerian bank, First Bank of Nigeria Limited no doubt has a history of curating products and services that not only meet the immediate and future needs of its customers. In this interview with THISDAY, the bank’s Managing Director/Chief Executive Officer, Mr. Olusegun Alebiosu described 2025 as the beginning of the bank’s new strategic planning horizon when it …

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‘How tax reform bills will benefit workers,’ Oyedele replies NLC

Mr Taiwo Oyedele, the Chairman, Presidential Committee on Fiscal Policy and Tax Reforms has said contrary to recent assertion by Joe Ajaero, the President of Nigeria Labour Congress, NLC, the tax reform bills presently before the National Assembly are pro-workers. Oyedele said this while reacting to a call by the NLC President that President Tinubu should withdraw the tax bills …

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DECEMBERISSAVYBE: FirstBank sponsors ‘The Cavemen Concert’s, thrills audience By Oladapo Sofowora

December is a particularly vibrant and deeply meaningful month in Nigeria, imbued with a palpable sense of excitement and celebration that permeates the air. As daily life slows down, this festive season offers a welcome opportunity for relaxation and togetherness. Families and friends gather to create cherished memories, participating in a rich tapestry of cultural activities that showcase Nigeria’s diverse …

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Polaris Bank, Partners support 16,000 Students to reduce Out-of-School Children in Nigeria … Distributes school essentials to 1,000 students across 10 public schools in 5 states

Polaris Bank, in partnership with key stakeholders, has reaffirmed its commitment to combating the alarming rate of out-of-school children in Nigeria. Through its targeted interventions, the Bank has ensured continuous education for over 15,000 students, providing them with the opportunity to learn, thrive, and contribute to a better future. While the initiative primarily focuses on empowering the girl child, male …

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