Category: Business

Renowned broadcaster, diplomat, and corporate leader, Dr. Christopher Kolade, has died at the age of 93. Kolade, who served as Nigeria’s High Commissioner to the United Kingdom, passed away on Tuesday, October 8, 2025, after a distinguished career spanning broadcasting, business, academia, and public service. Born on December 28, 1932, in Erin-Oke, Osun State, Kolade began his career in broadcasting and rose to become Director-General of the Nigerian Broadcasting Corporation (NBC). He later joined Cadbury Nigeria Plc, where he served as Chief Executive and subsequently Chairman of the Board. A…

Union Bank of Nigeria recently hosted an informal and engaging meet-and-greet session with leading media professionals at The Stallion Plaza, its headquarters in Marina, Lagos. The event, held at SpaceNXT, the Bank’s purpose-designed co-creation hub for innovators and creators, was conceived as a relaxed platform to foster personal connections and deepen mutual understanding between the Bank and media partners. Rather than a formal media briefing, the gathering offered a convivial atmosphere for open conversation, reinforcing Union Bank’s recognition of the media’s essential role in shaping public discourse and amplifying the…

In recognition of his unwavering commitment to Africa’s development, Fidelity Bank Plc recently hosted a grand black-tie dinner to celebrate the retirement of Professor Benedict Okechukwu Oramah, outgoing President and Chairman of the African Export-Import Bank (Afreximbank), after ten years of transformative leadership. Held at the Lagos Continental Hotel on Thursday, 2 October 2025, the event was themed “Celebrating a Titan” and drew a distinguished gathering of dignitaries, captains of industry and international guests. They came together to honour a man widely regarded as one of Africa’s most influential financial…

Union Bank of Nigeria held its first-ever Stallion Plaza, a dynamic event that affirmed the Bank’s steadfast commitment to employee well-being and sustainable workplace development. The walk kicked off at the Stallion Plaza, Union Bank’s Head Office in Marina. It concluded at the Bank’s Sports Complex, The Stable, on Bode Thomas Street, Surulere, tracing an energising 7.5km route through Lagos’ vibrant streets. The overwhelming participation and enthusiasm from employees from diverse departments and locations made it a celebration of physical fitness, mental health, and the power of community spirit. Stay…

Sterling Financial Holdings Company Plc. (‘Sterling Holdco’), the parent company of The Alternative Bank, Sterling Bank, SterlingFI, and a number of other novel business solutions, has witnessed a very positive response to its public offer, as investors rally for a stake in the company’s future. The public offer, launched on September 17, 2025, has quickly become one of the most talked-about opportunities in the Nigerian financial market, with analysts predicting that the offer will prove to be amongst the most lucrative in the sector’s investment landscape. The Sterling Public Offer has sparked widespread…

Sterling Bank has once again redefined the boundaries of customerfirst banking in Nigeria by scrapping Account Maintenance Fees (AMF) across all personal accounts. Just months after abolishing transfer fees on local online transactions in April 2025, the bank has dismantled yet another long-standing industry practice, cementing its role as the nation’s leading force for transparent, fair, and customer-focused banking. This decision cuts at the heart of a revenue model that has long cost Nigerian customers dearly. In 2024 alone, tier-1 banks raked in over ₦650 billion from account maintenance and e-banking charges.…

The Lagos State Government has demolished 19 buildings at the International Trade Fair Complex along the Lagos-Badagry Expressway, citing violations of physical planning regulations. Officials of the Lagos State Building Control Agency (LASBCA), backed by security operatives, carried out the demolition on Thursday. The exercise affected both commercial and residential structures said to have been erected without government approval. LASBCA General Manager, Arc. Gbolahan Oki, said the action followed several notices issued to the owners, which were ignored. He explained that the affected structures contravened the state’s urban and regional…