Olushola Bello

Lagos

Business Corespondent at Leadership Newspaper

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Articles

SEC Warns Influencers, Bloggers Against Promoting Ponzi Schemes

4 days ago | leadership.ng | Olushola Bello

The Securities and Exchange Commission (SEC) has warned influencers and bloggers against promoting unregistered investment schemes. The Commission emphasised its ongoing collaboration with law enforcement agencies, including the Economic and Financial Crimes Commission (EFCC), the Nigerian Police Force, and other relevant government bodies, to investigate and prosecute violators.
NB Posts N69.99bn Pre-tax Profit In Q1

5 days ago | leadership.ng | Olushola Bello

Nigerian Breweries (NB) Plc has declared profit before tax of N69.99 billion, marking a strong recovery back to profitability in the first quarter ended March 31, 2025. The Company’s unaudited Q1 results on the Nigerian Exchange showed that this is a notable recovery from a pre-tax loss of N65.5 billion in the same quarter of 2024, primarily due strong revenue growth, tamer cost pressures, and a sharp decline in FX losses.
System Maintenance Upgrade: EKEDC Announces a 10-hour Payment Downtime for Prepaid Customers on April 22

1 week ago | businessstandardsng.com | Olushola Bello

Eko Electricity Distribution Company announces a 10-hour payment service downtime between 2pm and 11:59pm (14:00 to 23:59) on Tuesday, April 22, 2025, for prepaid customers. This service downtime is necessitated by system maintenance upgrade in a bid to improve efficiency and overall customer experience. During this 10-hour window, postpaid customers can still pay their bills through the approved payment channels.
NiPeTE Rebrands To Boost Professionalism in oil, Gas Industry

1 week ago | businessstandardsng.com | Olushola Bello

*** Secured approval of the National Technical Board for its certification******* NIPetE bill attain successful second reading at the National Assembly NiPeTE Rebrands To Boost Professionalism in oil, Gas Industry as part of a strategic move to enhance professionalism and drive growth in Nigeria’s oil and gas sector. Engr. Prisca Kanebi, Chairperson of NiPeTE, disclosed this at a media conference held in Lagos to brief the press on the Institute’s renewed focus and future direction.
Trump’s Tariffs Threaten Nigeria’s N323.96bn Non-oil, Non-energy Exports To U.S.

1 week ago | leadership.ng | Olushola Bello

The Lagos Chamber of Commerce and Industry (LCCI) has stated that the ongoing tariff disputes between the United States and other countries pose a significant threat to Nigeria’s N323.96 billion non-oil and non-energy exports to the U.S.President of LCCI, Gabriel Idahosa stated this during a quarterly press conference on the state of the economy held in Lagos.
UN, Sterling One Push Private Sector To Accelerate SDG Delivery

1 week ago | leadership.ng | Olushola Bello

The UN, Sterling One Foundation, and the United Nations Global Compact Network Nigeria (UNGCNN) urged the private sector to accelerate progress on the Sustainable Development Goals (SDGs) through six critical ‘transition pathways.’These pathways target areas like food systems, energy access, digital connectivity, education, jobs, and climate resilience to drive significant development outcomes.
First HoldCo Posts N3.21trn Gross Earnings Growth In 2024

1 week ago | leadership.ng | Olushola Bello

First Holdco Plc has posted gross earnings of N3.213 trillion for the year ended December 31, 2024. The Holding Company is its audited results released on the Nigerian Exchange yesterday showed strong growth across key financial metrics, driven by the impressive performance of its core banking operations. Gross earnings rose by 105.7 per cent from N1.562 trillion in 2023 to N3.213 trillion declared in the full year 2024.
SEC Cautions Against Unregistered Crypto Bridge Exchange

1 week ago | leadership.ng | Olushola Bello

The Securities and Exchange Commission (SEC) has stated that Crypto Bridge Exchange, also known as CBEX, has not received any registration from the Commission to operate as a Digital Assets Exchange. In a circular dated April 17, 2025, the Commission addressed recent media reports regarding the activities of CBEX.
CSCS Reports 37% Revenue Growth, Proposes N8.8bn Dividend

1 week ago | leadership.ng | Olushola Bello

Central Securities Clearing System (CSCS) Plc has achieved a total revenue growth of 37 per cent to N26.1 billion for the year ended December 31, 2024. In line with CSCS’s commitment to delivering long-term value to its shareholders, the board proposed a dividend of N1.76 per share, amounting to a total payout of N8.8 billion.
Stanbic IBTC Bank Launches Campaign To Celebrate Business Owners, Resilience, Achievements

1 week ago | leadership.ng | Olushola Bello

Stanbic IBTC Bank has unveiled a nationwide conversation, which aims to acknowledge the resilience and achievements of Nigerian business owners, even in the face of adversity. The campaign, ‘There is Possible, Then There is More’ is anchored by a compelling open letter addressed to Nigeria’s CEOs, challenging business leaders and innovators to push beyond current limits.