Business

Temu, the fast-growing global e-commerce powerhouse, has entered into a delivery partnership with Lagos-based logistics startup Dellyman, marking a significant step in Temu’s expansion into the Nigerian market. The partnership follows a successful pilot phase in which Dellyman completed more than 1,300 deliveries with a 95% success rate, demonstrating its …

Stanbic IBTC Holdings has marked a significant milestone in youth empowerment and digital skills development with the formal certificate presentation ceremony for participants of the Digital Skills Empowerment Programme (DiSEP) 4.0, alongside the induction of DiSEP 5.0 cohort. The ceremony, which was held at Stanbic IBTC’s Head Office in Lagos, …

… seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by the …

Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has been named Nigeria’s ‘Asset Management Company of the Year 2025’ by the Global Banking & Finance Awards. This honour recognises the company’s continued innovation and excellence in providing investment solutions that help Nigerians build and preserve wealth. As a …

The introduction of new products helped to boost customer demand in November, leading to further expansions of new orders and business activity in the Nigerian private sector. Meanwhile, the recent trend of easing inflationary pressures continued. Input costs increased at the slowest pace in almost five years, while output prices …

…commends Minister Gboyega Oyetola SIFAX Group has congratulated the Honourable Minister of Marine and Blue Economy, Gboyega Oyetola, on Nigeria’s successful election into the Council of the International Maritime Organisation after 14 years of absence.   In an official congratulatory letter, the Chairman of SIFAX Group, Dr Taiwo Afolabi, described …

Stanbic IBTC Bank continues to enhance the financial well-being of its customers through its Reward4Saving Promo. At the seventh monthly draw held on Wednesday, 19 November 2025, 70 savers won a total of ₦7 million, reaffirming the bank’s commitment to transforming everyday savings into meaningful rewards while fostering a strong …

… Writes NMDPRA, Engages Marketers to Stabilise Fuel Market …Invites NMDPRA to Refinery for daily monitoring of production output Dangote Petroleum Refinery has announced plans to supply one billion five hundred million litres of Premium Motor Spirit (PMS) monthly to the Nigerian market in December 2025 and January 2026, a …

Stanbic IBTC Bank, a member of Standard Bank Group, has launched its Digital Lending Suite, an integrated platform that consolidates all the Bank’s retail loan offerings into one digital access point. The platform has products such as EZ Cash, Unsecured Personal Loan (UPL) and many more consumer loan options reflecting …

The Economic and Financial Crimes Commission (EFCC) on Monday, 1 December 2025, re-arraigned Akindele Akintoye before Justice Ekerete Akpan of the Federal High Court in Abuja on an amended six-count charge relating to alleged dishonesty and the conversion of $35 million under the Nigerian Content Development and Monitoring Board (NCDMB) …