CBN to Pursue Legal Action Over Irregular Forex Forward Contracts Following Forensic Audit
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CBN to Pursue Legal Action Over Irregular Forex Forward Contracts Following Forensic Audit

gisthub - Aug 08, 2025

The Central Bank of Nigeria (CBN) has announced its intention to initiate legal proceedings against entities that breached regulations governing foreign exchange forward…

Sterling Bank Awards First 30 Scholarships in N2bn Beyond Education Programme
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Sterling Bank Awards First 30 Scholarships in N2bn Beyond Education Programme

gisthub - Aug 08, 2025

Sterling Bank has announced the first group of recipients for its N2 billion Beyond Education Scholarship, a nationwide initiative aimed at sponsoring university…

RMRDC Urges 60% Cut in Raw Material Imports to Drive Nigeria’s Industrial Growth
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RMRDC Urges 60% Cut in Raw Material Imports to Drive Nigeria’s Industrial Growth

gisthub - Aug 08, 2025

The Raw Materials Research and Development Council (RMRDC) has called for a significant reduction in Nigeria’s reliance on imported raw materials, recommending a…

Abbey Mortgage Bank Appoints John Okonkwo as Executive Director for Finance, Risk, and Operations
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Abbey Mortgage Bank Appoints John Okonkwo as Executive Director for Finance, Risk, and Operations

gisthub - Aug 07, 2025

Abbey Mortgage Bank Plc, a prominent player in Nigeria’s mortgage industry, has announced the appointment of Mr. John Okonkwo as its new Executive…

Federal Government strengthens domestic energy supply chain
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Federal Government strengthens domestic energy supply chain

gisthub - Aug 07, 2025

The Federal Government has reaffirmed its commitment to building a robust local energy supply chain to shield Nigeria from global disruptions that continue…

Policymakers and regulators pledge to uphold Nigeria’s sustainable energy future.
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Policymakers and regulators pledge to uphold Nigeria’s sustainable energy future.

gisthub - Aug 07, 2025

Nigeria’s drive for a sustainable energy future gained momentum as government officials and regulators pledged continued support for sector growth at the 2025…

UAC of Nigeria To Acquire Chivita|Hollandia From Coca-Cola Company
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UAC of Nigeria To Acquire Chivita|Hollandia From Coca-Cola Company

gisthub - Jul 30, 2025

UAC of Nigeria PLC has entered into an agreement to acquire leading food and beverage company Chivita|Hollandia (CHI Limited) from The Coca-Cola Company,…

Stellantis Reports €2.3 Billion Loss Amid U.S. Tariffs and Policy Shifts
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Stellantis Reports €2.3 Billion Loss Amid U.S. Tariffs and Policy Shifts

gisthub - Jul 21, 2025

Stellantis, the parent company of Jeep, Chrysler, Peugeot, and Fiat, reported a net loss of €2.3 billion ($2.7 billion) for the first half…

Melinda French Gates Refuses To Fund Daughter’s Startup
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Melinda French Gates Refuses To Fund Daughter’s Startup

gisthub - Jul 09, 2025

Billionaire philanthropist Melinda French Gates has revealed that she declined to invest in her daughter’s startup, saying she is determined not to raise…

Dangote Refinery To End Crude Importation By December 2025
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Dangote Refinery To End Crude Importation By December 2025

gisthub - Jul 09, 2025

Aliko Dangote, Africa’s richest man and founder of the refinery, has long emphasized the need for Nigeria to refine its own crude rather…