Business Archives

Fidelity Bank Advances Sustainable Firefighting Practices with Donation of Hoses and Water Pumps

Dec 22, 2025 topnews

Fidelity Bank Plc has reinforced its commitment to community safety and sustainable ecological practices through the donation of essential firefighting and preventive equipment including hoses and gasoline water pumps to the Ikoyi Fire Service Station in Lagos. The donation was made under the Fidelity Helping Hands Program (FHHP) by the True Serve team, reaffirming the Bank’s commitment to the environment and community safety. Through the FHHP, members of staff identify areas of critical community needs, raise funds, and then receive matching monetary support from the bank to execute the projects.…

Driving Inclusive Growth: WIRA Demo Day Empowers Women Entrepreneurs

Dec 22, 2025 topnews

The future of women-led enterprises in Nigeria took center stage on November 21, 2025, as the Development Bank of Nigeria (DBN), with support from Agence Française de Développement (AFD), and Sterling One Foundation convened investors, ecosystem leaders, and high-potential women entrepreneurs for the Women Investment Readiness Accelerator (WIRA) Demo Day in Ilupeju, Lagos. The event underscored DBN’s central role in strengthening Nigeria’s MSME ecosystem, particularly for women founders who remain critical drivers of economic growth. The Demo Day marked the culmination of an intensive accelerator cycle funded and championed by…

Sterling Bank, Water.org, Sterling One Foundation Empower WASH Entrepreneurs to Boost Clean Water Supply

Dec 21, 2025 topnews

For millions of Nigerians, access to clean water and safe sanitation is still a daily struggle, with far-reaching consequences for health, livelihoods, and overallnl well-being. To address this urgent challenge and strengthen the systems delivering WASH solutions, Sterling Bank, in partnership with nonprofit Water.org and Sterling One Foundation,.has launched the Sterling WASH Business Loan, a catalytic financing solution that empowers WASH businesses and service providers to scale sustainable access to safe water and sanitation across Nigeria. The launch, which took place on Monday, 24th November 2025, at The Wheatbaker Hotel,…

NAFDAC Issues Recall Alert on Indomie Vegetable Noodles Over Undeclared Milk, Egg Allergens

Dec 21, 2025 topnews

The National Agency for Food and Drugs Administration and Control (NAFDAC) has issued a public recall alert, warning consumers to avoid Indomie Vegetable Flavour Noodles following the discovery of undeclared milk and egg allergens that could pose serious health risks. In a statement released under Public Alert No. 041/2025, dated December 18, 2025, NAFDAC said the recall was initiated after a notification from Rappel Conso of France, the country’s food safety authority, which confirmed through laboratory analysis that the product contains allergens not listed on its label. According to NAFDAC,…

Fidelity Bank Boosts Maternal and Child Healthcare Delivery at ESUTH

Dec 18, 2025 topnews

Fidelity Bank Plc has brought relief to indigent patients at the Enugu State University Teaching Hospital (ESUTH) Parklane, by offsetting medical bills and providing financial support to children battling chronic health conditions alongside donations of ante-natal kits to pregnant women. The intervention, which was carried out under the bank’s Corporate Social Responsibility (CSR) initiative known as Fidelity Helping Hands Programme (FHHP), was funded and executed by newly inducted employees of the bank, the Optimizers Inductees Class, as their community impact project, with matching financial support from the bank. Commenting on…

Dangote Alleges Graft Against NMDPRA Boss, Claims Millions of Dollars Paid as Children’s School Fees

Dec 16, 2025 topnews

Africa’s richest man and Chairman of the Dangote Group, Aliko Dangote, has accused the Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, of alleged corruption and abuse of office. Dangote, in a formal petition submitted to the Independent Corrupt Practices and Other Related Offences Commission (ICPC), claimed that the NMDPRA boss paid millions of dollars in advance school fees for his children to attend schools abroad, expenditures he described as incompatible with the legitimate earnings of a public official. According to the petition,…

Sterling Bank Champions Collective Action……to Accelerate Nigeria’s Renewable Energy Transition

Dec 15, 2025 topnews

Sterling Bank Limited has brought together stakeholders in the renewable energy industry to explore ways to accelerate action in the sector. The premier colloquium, held in Lagos on Monday, aimed to identify priority areas for action to increase energy access and drive economic growth in the quest to attain a one trillion-dollar economy. Managing Director and CEO of Sterling Bank Limited, Mr. Abubakar Suleiman, gave the charge in his address at the colloquium organized with the theme: Beyond The Grid; Unlocking New Frontiers in Renewable Energy. The CEO, who was…

Polaris Bank, Evolve Charity Trust empower 1,000 students with school essentials

Dec 15, 2025 topnews

Polaris Bank, in partnership with Evolve Charity Trust, has successfully concluded its 2025 nationwide distribution of school essentials to 1,000 students across ten public secondary schools in five states, including the Federal Capital Territory (FCT). The initiative is part of the Bank’s sustained Corporate Social Responsibility (CSR) efforts to keep more children, especially the girl child, in school. This year’s exercise adds to a growing intervention that has supported more than 24,000 students in public schools across 49 locations since 2021. This year’s beneficiaries received a complete learning kit consisting…

Supreme Court Ends 20-Year Sagecom Case, Rules in Favour of Fidelity Bank

Dec 15, 2025Dec 15, 2025 topnews

The Supreme Court on Friday delivered judgment in favour of Fidelity Bank Plc in its long-running legal battle with Sagecom Concepts Limited, bringing final closure to a dispute that has spanned more than two decades. A five-member panel of the apex court, led by Justice Lawal Garba, upheld Fidelity Bank’s appeal, marking a significant victory for the lender in a case that has drawn sustained attention within Nigeria’s financial and legal circles. In a motion dated October 8, 2025, Fidelity Bank had approached the Supreme Court seeking clarification and consequential…

UNION BANK HONOURED AS BEST IN WORKPLACE PRACTICE AT PRESTIGIOUS SERAS AWARDS

Dec 15, 2025 topnews

Union Bank of Nigeria has secured another prestigious accolade, being named Best Company in Workplace Practice at the Sustainability, Enterprise and Responsibility Awards. The ceremony took place on Saturday 29 November 2025 at the Grand Ballroom, Oriental Hotel, Victoria Island, Lagos. This significant achievement follows a comprehensive assessment by SERAS multinational independent judges who rigorously evaluated applicants’ Corporate Social Responsibility and sustainability initiatives. Union Bank received nominations across four categories: SERAS Education Intervention of the Year, Best Company in Workplace Practice, Best in Gender Equity and Women Empowerment, and Best…