Nneoma Micheal

Standard Chartered Nigeria Raises Bar, Sets N7.5m Minimum Balance for Retail Accounts

Standard Chartered Bank Nigeria has officially shifted its local strategy toward premium and wealth banking. By introducing a N7.5 million minimum account balance (or equivalent assets under management) requirement for customers wishing to maintain retail accounts. Although, The policy, which took effect at the end of February 2026. Which led to the closure of accounts…

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Fake Brewer and Trader Sentenced to 40 Years for Counterfeit Alcohol Production in Lagos

Justice Ambrose Lewis-Allagoa of the Federal High Court in Lagos has sentenced Otuorimuno Aziakpono. Identified as a fake brewer, to 40 years in prison for producing Counterfeit Alcohol Production of wines and spirits. Similarly, trader Ikegwuonu Ikechukwu received the same sentence for selling fake alcoholic beverages. The convictions came after both individuals pleaded guilty to…

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Dangote Unveils Bold Expansion into Steel production, Power and Ports to Drive Africa’s Industrialisation

President of the Dangote Group, Aliko Dangote, has announced ambitious plans. To expand the conglomerate’s footprint into steel production, electricity generation, and port development. Marking a major step in his long-term vision to fast-track industrialisation across Africa. Deepening Industrial Integration The proposed move into steel production is expected to complement the group’s existing investments in…

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Nollywood Actress Foluke Daramola Addresses Fraud Allegations Against Agbala Gabriel

Nollywood star Foluke Daramola has spoken out about the recent fraud allegations surrounding Agbala Gabriel. Two ailing individuals recently accused Gabriel of collecting donations on their behalf but failing to hand over the funds. He’s also been accused of misusing money raised by fans and actors for other sick people in need. Foluke Daramola got…

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Abdulsamad Rabiu Set to Earn N324bn Dividend as BUA Cement Posts Record Profits

Abdulsamad Rabiu Set to Earn N324bn Dividend as BUA Cement Posts Record Profits Nigerian billionaire industrialist Abdulsamad Rabiu is poised to receive nearly N324.38 billion in dividends. Rollowing record-breaking profits declared by BUA Cement, reinforcing his position as one of Africa’s most influential business figures. According to corporate filings, Rabiu will receive N189.75 billion directly…

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