BUSINESS

Union Bank Rewards Customers with ₦5 Million Each in Save and Win Palli Promo Season 4 Grand Finale

Daily Dispatch July 28, 2025

Union Bank of Nigeria has proudly concluded the fourth edition of its acclaimed Save and Win Palli Promo, awarding three fortunate customers a life-changing ₦5 million each at the grand finale. Since its inception, this transformative campaign has disbursed over ₦330 million in cash and gift

BUSINESS

Tinubu, Dangote discuss energy sector challenges

Daily Dispatch July 23, 2025

President Bola Tinubu, on Tuesday evening, received billionaire businessman Aliko Dangote at the Presidential Villa in Abuja for a private meeting. Though brief and undisclosed, the meeting highlights the federal government’s support for private-sector-led growth in the oil and gas industry. The engagement followed Tinubu’s June visit to the 650,000-barrel-per-day Dangote

BUSINESS

AGF denies FG’s involvement in First HOLDCO share acquisition

Daily Dispatch July 18, 2025

We are compelled to respond to a publication by ThisDay Newspaper of July 17, 2025, and Arise TV suggesting that 25% of First Bank Holdings (First Holdco) shares were transferred to the Federal Government of Nigeria’s (FGN) trustee. The report is inaccurate, misleading, resentful and malicious. Neither the Federal Government of Nigeria nor the Attorney […]

BUSINESS

UBA to Raise N157 Billion Through Rights Issue to Bolster Capital and Growth

Daily Dispatch July 18, 2025

United Bank for Africa Plc (UBA) has unveiled plans to raise N157 billion via a rights issue, as part of its strategy to reinforce its capital base and drive expansion across Africa. The bank disclosed this in a notice submitted to the Nigerian Exchange Limited (NGX) on Thursday. According to the statement, UBA’s stockbrokers, United […]

BUSINESS

Dangote Refinery Halts Discount Scheme After Uncovering Fuel Diversion Scam

Daily Dispatch July 18, 2025

The Dangote Petroleum Refinery and Petrochemicals has suspended its fuel discount initiative following the discovery of a diversion scheme involving some of its affiliate marketers and strategic partners. An internal investigation revealed that marketers who received discounted petroleum products—intended to enhance affordability and ensure consistent supply across retail

BUSINESS

Accion MfB Launches AccionMonie App to Transform Digital Banking in Nigeria

Daily Dispatch July 15, 2025

Nigeria’s leading microfinance institution, Accion Microfinance Bank (MfB) has launched AccionMonie, a transformative digital financial services platform designed to empower individuals, micro, small and medium enterprises (MSMEs) and low-income households. A statement on Tuesday said through AccionMonie, the microfinance bank is expanding digital capabilities for