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The judge Rahman Oshodi delivered the judgement on Wednesday after the banker changed his plea from not guilty to guilty. The Lagos State Special Offences Court in Ikeja has sentenced a banker, Samuel Asiegbu, to one year’s imprisonment without an option of fine for his role in an alleged N8.56 …

The Nigerian Senate has uncovered large-scale financial discrepancies in the oil sector, revealing that about $303 billion was allegedly stolen from local and international crude oil transactions. The revelation came through the Senate Committee on Investigating Incessant and Nefarious Acts of Crude Oil Theft in the Niger Delta, which said …

  …unveils New 100g, 25kg Dangote Sugar Packs   As part of its strategies to boost market share and deepen customers’ loyalty, the Pan-African Conglomerate, Dangote Industries Limited (DIL) and companies under the Group are set to headline the Lagos International Trade Fair with arrays of products and innovations. The …

Nestlé Professional, in collaboration with the World Association of Chefs’ Societies (Worldchefs) and the Association of Professional Chefs Nigeria (APCN), joined chefs around the world to celebrate International Chefs Day 2025 under the inspiring theme “Food Explorers.” The event held on October 21, 2025, at Nestlé’s Sagamu Factory in Ogun …

The Emirates Group today announced a new record half-year financial performance, posting a profit before tax of US$ 3.3 billion for the first six months of 2025-26, making this the fourth consecutive year of record profitability for the half-year reporting period. After accounting for income tax charges, the Group’s profit …

Zest Payments is proud to announce that it has been honoured with two prestigious recognitions at the 2025 MSME Finance and CEO Awards, organized by the Africa Global Economic Forum. Zest emerged as the MSME Fintech Payment Platform of the Year, acknowledging the company’s innovation, reliability, and impact in driving seamless payments for …

Ambrosie Orjiako, co-founder and former chairman of Seplat Energy Plc is in fresh trouble as a court in the British Virgin Islands (BVI) has ruled that he fraudulently concealed assets to evade repayment of a $220.3 million debt owed to Access Bank. The enforcement order, delivered by Justice Abbas Mithani …

Standard Chartered Bank Nigeria Limited has confirmed that it has met the Central Bank of Nigeria’s N200bn minimum capital requirement for national commercial banks, ahead of the deadline in 2026. This was disclosed in a statement made available to The PUNCH on Monday. In March 2024, CBN raised the operating …

A prosecution witness on Tuesday told an Abuja High Court that former governor of Taraba, Darius Ishaku’s name was not mentioned in a “transaction details”. The witness, Ismail Lawal, a former personal assistant to Ishaku, gave the details during cross-examination in the trial of the former governor. “The first defendant’s …

… targets 29% emissions cut, invests ₦12.4B in Community Development in 2024   As part of its bold moves aimed at reducing greenhouse gas emissions and improving energy security, Africa’s leading cement manufacturer, Dangote Cement Plc has disclosed it has so far co-processed over 1.5 million tonnes of alternative fuels in …