Year: 2025

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Stanbic IBTC Bank Reintroduces Its Private Banking Offerings To Empower Nigerians Build Lasting Wealth

Stanbic IBTC Bank, a subsidiary of Stanbic IBTC Holdings and a leading financial service solutions provider in Nigeria, has reaffirmed its commitment to helping Nigerians secure their financial futures and build lasting legacies through its Private Banking offerings. With a focus on personalised financial solutions, portfolio management, investment strategies, and estate management, Stanbic IBTC Bank…

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EFCC Arrests 28 Suspected Ponzi Scheme Operators in Minna

Operatives of the Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Directorate have arrested 28 suspected ponzi scheme operators in Minna, Niger State. In a statement released on Tuesday, EFCC disclosed that the suspects were apprehended after credible intelligence linked them to fraudulent investment activities with a company, Q-Net Ltd, which operates from a three…

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Juliet Ibrahim Launches HER STEAM Initiative

On International Women’s Day, award-winning actress, author, and humanitarian Juliet Ibrahim proudly launches HER STEAM Initiative—a groundbreaking movement dedicated to empowering young women in Africa to excel in Science, Technology, Engineering, Arts, and Mathematics (STEAM). In a world where innovation drives progress, the gender gap in STEAM fields remains a pressing challenge, particularly in Africa.…

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UBA Accelerates Gender Inclusion with 58% Female Representation in Fresh GMAP Intake

As the world celebrates International Women’s Day 2025, Africa’s Global Bank, United Bank for Africa (UBA) continues to reinforce its unwavering commitment to gender diversity, equality, and empowerment. This year’s IWD global theme, “Accelerate Action”, aligns perfectly with UBA’s drive to champion inclusion and create meaningful opportunities for women in the workplace. On Wednesday, the…

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Dangote Group Pays N402.3b Tax To Govt In 2024

The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country. Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, declared during a meeting with some senior media executives who visited him in his Lagos…

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President Tinubu Appoints Ogunjimi As Accountant General Of The Federation

President Bola Ahmed Tinubu has appointed Shamsedeen Babatunde Ogunjimi as the new Accountant General of the Federation. His appointment, approved today, takes effect from 7th March 2025, the same day the incumbent Oluwatoyin Madehin will retire. Ogunjimi, 57, was first named as Madehin’s successor last December. In a statement issued on Tuesday, the Special Adviser…

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Sale of Alcohol, Sexual Stimulants in Traffic: Lagos State Government Apprehends Six

In consolidation of measures to ensure that Lagosians in transit and motorists alike enjoy safer driving and commuting across the State, the Lagos Environmental Sanitation Corps (LAGESC) popularly known as KAI, has apprehended six suspected vendors for engaging in the illegal sales of sachet alcohol and aphrodisiacs in traffic around the Iyana-Isolo-Ilasamaja axis of the…

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LIRS Urges Taxpayers to Meet March 31 Deadline for Annual Tax Returns Submission

The Lagos State Internal Revenue Service (LIRS) reminds all individual taxpayers, including self-employed individuals, those in the informal sector, and employees under the Pay-As-You-Earn (PAYE) scheme, to submit their Annual Tax Returns on or before March 31, 2025. This directive is in accordance with the Personal Income Tax Act (PITA) 2004 as amended. Mr. Ayodele…

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Oyo Govt Flags-Off Health Insurance Scheme For Primary School Pupils

The Oyo State government has officially flagged off the enrollment of 10,000 basic school pupils into the state’s healthcare insurance scheme. The children, enrolled from 90 schools across 18 LGAs were presented their Insurance scheme ID cards on Thursday at the Ibadan Civic center, Idi-ape, Ibadan, by the Deputy Governor, Barr. Bayo Lawal. The Deputy…

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Stanbic IBTC Bank Nigeria PMI®: Output Growth Accelerates To Fastest In Just Over A Year

February data pointed to improved growth momentum in the Nigerian private sector. Rates of expansion in output, new orders and purchasing activity all quickened as demand picked up and inflationary pressures showed signs of moderating. That said, with costs continuing to rise sharply, some companies were reluctant to hire additional staff and employment increased only…

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