FCMB named Nigeria’s ‘Best SME-focused Bank’

FCMB named Nigeria’s ‘Best SME-focused Bank’

First City Monument Bank (FCMB) has been named Nigeria’s ‘Best SME focused Bank’ for 2025 by the Chartered Institute of Bankers of Nigeria (CIBN). This recognition comes as FCMB holds a leading 24% share of the banking industry’s ¦ 1.8 trillion total SME disbursement for 2024. The award was presented at the 60th Annual Bankers Dinner […]
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Eterna targets N21.52bn through rights issue to fund expansion, strengthen balance sheet

Eterna targets N21.52bn through rights issue to fund expansion, strengthen balance sheet

Eterna Plc, one of Nigeria’s leading integrated energy companies, has finalized arrangements for a rights issue of 978,108,485 ordinary shares at ₦22.00 per share, expected to raise approximately ₦21.52 billion. The capital raise is designed to strengthen the company’s balance sheet and support strategic expansion across its business segments. The formal signing ceremony for the […]

Media experts warn of mounting threats to journalism, demand legal protection for reporters

Media experts warn of mounting threats to journalism, demand legal protection for reporters

By Gift Chapi Odekina Media professionals have raised fresh concerns over the escalating threats confronting journalism in Nigeria, warning that unchecked misinformation, unregulated online content, and the absence of legal protection for journalists pose growing risks to the nation’s democracy. Speaking at the 2025 Capacity Building Programme for Information Officers in Keffi, former President of […]

Riverine farmers, fishermen give SEEPCO 14-day ultimatum over alleged environmental damage

Riverine farmers, fishermen give SEEPCO 14-day ultimatum over alleged environmental damage

The Delta/Bayelsa Riverine Farmers and Fishermen Association (DEBARIFFA) has issued a 14-day ultimatum to Sterling Exploration and Energy Production Company Limited (SEEPCO), demanding compensation for alleged destruction of fishing nets, canoes, farmlands, and the riverine ecosystem. The group warned that failure to comply would trigger a massive protest across the waterways.

Firm injects $100m into Presco FDI, boosts Edo’s agro-industrial growth

Firm injects $100m into Presco FDI, boosts Edo’s agro-industrial growth

Following plans by Belgian agro-industrial leader, SIAT NV, to invest $100 million in Presco Plc, the Edo State economy is expected to receive a significant boost, as the investment will enable Presco to expand its operations. A statement said the $100 million fund would be strategically utilised to support Presco’s expansion initiatives, including scaling industrial […]