FirstBank, Subsidiary of FirstHoldCo, Meets ₦500bn Regulatory Capital Requirement
First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central...
Heirs Energies Executes $750m Afreximbank Financing to Drive Long-Term Growth
Heirs Energies Limited, Nigeria’s leading indigenous integrated energy company, has executed a USD 750 million financing with the African Export–Import Bank (Afreximbank).
The transaction was...
NNPCL Slashes Fuel Price by N80
The Nigerian National Petroleum Company Limited (NNPCL) has effected another reduction in the pump price of petrol, marking the third cut this December.
A survey...
2025: UBA Group Dominates, Wins Banker Awards, Emerges Africa’s Bank of the Year, Third Time in Five Years
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has once again, reaffirmed its leadership as one of the continent’s most innovative and resilient...
ConOil, TotalEnergies Sign Massive Production Contract to Boost Nigeria’s Oil and Gas Output
By Eric Elezuo
In a bid to boost Nigeria's oil and gas output, Conoil Producing Limited has partnered Total Energies Limited to sign a massive...
