Written by 
FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth” Nigeria Economic Outlook is an annual customer-facing session which … Continue reading “FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth”
FirstHoldCo Plc has sustained its growth momentum across core business segments, reporting a 17.1 percent year-on-year increase in gross earnings to ₦2.64 trillion for the nine months ended September 30, 2025, compared to ₦2.25 trillion in the corresponding period of 2024. According to the unaudited results released by the Group, interest income rose sharply … Continue reading “FirstHoldCo sustains growth momentum as gross earnings rise 17% to N2.6trn”
How a state oil company’s scramble for refinancing in Riyadh – and Petrobras’s tentative re-entry – expose the paradox at the heart of Nigeria’s energy policy: great potential, shaky finances, and political risk concentrated in a single office. The moment: a national oil company in a global lobby In late 2025, the Nigerian National … Continue reading “Spotlight: Nigeria’s Energy Gamble – Tinubu, NNPCL and the High-Stakes Search for Cash”
In a sweeping move set to reshape Nigeria’s downstream fuel sector, President Bola Ahmed Tinubu has formally approved a 15 % ad valorem import duty on refined petrol (premium motor spirit) and diesel imported into the country. Issued via a presidential memo dated October 21 2025, the directive tasks the Federal Inland Revenue Service (FIRS) … Continue reading “Nigerians brace for price shock as Tinubu approves 15% import-tariff on refined petrol and diesel “
Lagos, 26 October 2025 – FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is proud to announce the commencement of its 2025 Corporate Responsibility and Sustainability (CR&S) Week, scheduled to hold from 27 October – 1 November 2025. Now in its ninth year, the annual event is a reflection … Continue reading “FirstBank Sparks Global Kindness with 2025 Corporate Responsibility and Sustainability Week”
President of Dangote Industries Limited, Aliko Dangote, has assured Nigerians of adequate Premium Motor Spirit (PMS) supply during the festive season. The industrialist gave the assurance on Sunday while announcing the expansion of the Dangote Petroleum Refinery from 650,000 barrels per day (bpd) to 1.4 million bpd. According to him, prices of petrol will … Continue reading “There Will Be No Petrol Scarcity During Ember Months, Dangote Assures Nigerians”
FirstBank, the premier bank in West Africa and a leading financial inclusion service provider, is thrilled to announce the successful integration of the Pan-African Payment and Settlement System (PAPSS) into its flagship digital banking platform, the LIT app, enabling customers to make instant, secure, and local currency-based cross-border payments across Africa. PAPSS, developed by … Continue reading “FirstBank Integrates PAPSS into LIT App for Seamless Cross-Border Payments Across Africa”
…Strengthens Nigeria–Norway Clean Energy Collaboration In a significant stride toward deepening economic ties between Nigeria and Norway, Africa’s Global Bank, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting … Continue reading “UBA, Renewvia Commission Solar Systems Across 25 Branches”
Elumelu at the 2025 Abuja Investment Summit states “When Investors Succeed, Nations Succeed” The Group Chairman, United Bank for Africa (UBA) Plc, and Heirs Holdings Limited, Tony Elumelu, CFR has challenged African policymakers to create environments that reward enterprise and unlock the continent’s vast potential. He said this much while delivering a keynote address … Continue reading “Elumelu Underscores Critical Role Of Private Sector As Engine Of Transformation”
• OVER $8 BILLION IN MAJOR UPSTREAM OIL AND GAS FINAL INVESTMENT DECISIONS UNDER PRESIDENT TINUBU SIGNALS RENEWED GLOBAL INVESTOR CONFIDENCE President Bola Ahmed Tinubu welcomes the news of Shell’s $2 billion Final Investment Decision (FID) on a new gas project in the shallow offshore HI Field, in OML 144. The new Non-Associated … Continue reading “Nigeria Secures Second Major Gas Investment In 18months With Shell`s’ $2bn Offshore Gas Project”