Brand & Business Archives - Metropolix Online

Oil Tycoon Mohammed Indimi Pockets $1m As Jaiz Bank Raises Dividend

— Mohammed Ndimi By St. Johnson Adegboyega Nigerian oil and gas billionaire, Mohammed Indimi is set to receive a dividend of about N1.44 billion ($1.05 million) after shareholders of Jaiz Bank approved a higher cash payout following another year of strong earnings growth being the bank’s largest shareholder with a 29.36% stake. The oil billionaire is entitled to a N1.44 billion ($1.05 million) dividend from… []

Nigerians Can Acquire Vehicles with 10% Deposit Under Access Bank Financing Initiative

By Bunmi Onakan Nigerians will be able to acquire vehicles with as little as a 10 per cent deposit and receive financing approval under a new vehicle financing initiative launched by Access Bank, which offers funding of up to 90 per cent of a vehicle’s value and repayment tenures of more than four years. Speaking at AutoFest, the vehicle financing initiative launched in… []

Zenith Bank Deepens Financial Inclusion With New Branch In Osubi Community

— The Executive Governor of Delta State, His Excellency Rt. Hon. Elder Sheriff Oborevwori cutting the tape for official openin. By Adeola Idris Zenith Bank Plc has expanded its presence in Delta State with the official opening of a new branch in Osubi, Okpe Local Government Area, becoming the first commercial bank to establish a presence in the Osubi community. The move reaffirms the Bank’s… []

Access Bank UK Polo Day 2026: Windsor Hosts One of Season’s Most Anticipated International Gatherings

— Access Bank Logo By Bunmi Onakan On Saturday, July 4, Access Bank will host its annual UK Polo Day in Windsor, an event when judged by past editions, promises to be one of the season’s most captivating social experiences. The guest list is a true global roll call, bringing together investors, entrepreneurs, public sector leaders, and cultural influencers, from around the world. It is… []

Femi Otedola Acquires N29bn Shares In First HoldCo, Now Holds 20% Stake

— Otedola By Adeola Idris Chairman of First HoldCo, Femi Otedola has acquired 680 million shares in the financial institution, raising his controlling stake in the firm to 20.42 percent. Otedola acquired the shares for N29.6 billion via a private placement, after First HoldCo offered a share at N44 — which is below Thursday’s closing share price of N61 — to private investors. Otedola and… []

Launch Your Future with FirstBank 2026 Pan-African Graduate Trainee Programme

By Adeola Idris Are you a young graduate ready to make your mark in the world of banking and finance? FirstBank has opened applications to ambitious minds across Africa with the 2026 Pan-African Graduate Trainee Programme, a strategic initiative designed to nurture the next generation of leaders. What the Programme is About The Pan-African Graduate Trainee Programme is FirstBank’s graduate talent development initiative aimed at… []

Access Holdings Appoints Abiodun Adigun As CEO Of Oxygen X

— Abiodun Adigun By Bunmi Onakan Access Holdings Plc has appointed Abiodun Adigun as the new Managing Director and Chief Executive Officer of its digital lending subsidiary, Oxygen X Finance Company Limited. The appointment was announced in a regulatory filing to the Nigerian Exchange Limited and has received all necessary regulatory approvals. The leadership change is part of a broader effort to strengthen executive capacity… []

Access Holdings Affirms Long-Term Value Strategy at 4th Annual General Meeting

By Adeola Idris Access Holdings Plc (“Access Holdings” or “the Group”) today held its 4th Annual General Meeting (AGM), reaffirming its strategic transition towards long-term value creation, balance sheet resilience, and disciplined growth, even as it navigates a dynamic and evolving operating environment. Speaking at the AGM, the Chairman, Aigboje Aig-Imoukhuede, CFR, emphasised that the defining test of a financial institution is not merely its… []

Seplat Transition: Elumelu Assumes Chairman Position In Landmark Succession Plan

— Tony Elumelu By Muyiwa Akinola Seplat Energy has announced a significant leadership transition that will see prominent investor Tony Elumelu assume the position of Chairman from January 1, 2027, while veteran oil and gas executive Effiong Okon will become Chief Executive Officer effective August 1, 2026. The company disclosed the changes on Tuesday, describing them as part of a structured succession plan aimed at… []

Zenith Bank Reinforces ESG Commitment With World Environmental Day Initiative

— Zenith Bank Headquarters, Lagos By St. Johnson Adegboyega In line with its commitment to environmental sustainability and responsible business practices, Zenith Bank Plc has commemorated the 2026 World Environment Day with a two-phase environmental clean-up initiative in Lagos State, held under the global theme “Inspired by Nature. For Climate. For Our Future.” The first phase was a morning clean-up conducted by staff of the… []

Alpha Morgan Bank Delivers Historic Performance, Posts N1.9 billion PBT in First 10 Months of Operations

— Alpha Morgan Bank office By St. Johnson Adegboyega Alpha Morgan Bank has announced a landmark financial performance, recording Profit Before Tax of N1.9 billion in just 10 months of operations, a result that stands as a major milestone in Nigeria’s banking industry and reinforces the Bank’s emergence as one of the country’s most remarkable new-generation financial institutions. With this performance, Alpha Morgan Bank did… []

Meet Oghale Elueni The Newly Appointed CEO of PZ Cussons Nigeria

— Oghale Joseph Elueni By St. Johnson Adegboyega PZ Cussons Nigeria Plc has appointed Oghale Joseph Elueni, a graduate of the University of Ibadan, as its new Managing Director and Chief Executive Officer. The appointment was disclosed in a notification to shareholders, the investing public, and the Nigerian Exchange Limited, signed by the Company Secretary, ALSEC Nominees Limited. Elueni’s appointment follows the resignation of Dimitrios Kostianis, who stepped down as… []

Seasoned Journalist, Johnson Adegboyega Celebrates Airtel Nigeria Executive Director, Femi Adeniran At 50

— Femi Adeniran Publisher of Metropolix Magazine and Online, Johnson Adegboyega has sent an heartwarming congratulatory message to celebrate Prince Femi Adeniran on his 50th birthday. Adegboyega joins family, friends, colleagues and associates in celebrating Prince Adeniran, a respected corporate executive, public policy advocate and investment promotion expert whose career has been marked by professionalism, courage, adaptability and an abiding commitment to Nigeria’s progress…. []

What You Need to Know About the Visa Signature Card by FirstBank Designed for Premium Lifestyles

— Specimen of Visa Signature Card By St. Johnson Adegboyega Recently, FirstBank in partnership with Visa, launched the Visa Signature card in Nigeria, a premium offering tailored for affluent customers seeking global travel privileges, lifestyle benefits, and exclusive merchant deals. This card is positioned as a strategic expansion of FirstBank’s premium portfolio, targeting executives, entrepreneurs, and frequent international travelers. Visa Signature unlocks exclusive privileges for… []

Access Bank Wins Dual Honours at 2026 Global Good Governance (3G) Awards

— Access Bank Logo By St. Johnson Adegboyega Access Bank Plc has been recognised with two prestigious honours at the 2026 Global Good Governance (3G) Awards, reaffirming its leadership in corporate governance and sustainable community impact. The Bank received the 3G Community Empowerment Award 2026 and 3G Best Corporate Governance Framework Award 2026 The awards, conferred by Cambridge IFA under the Global Good Governance Awards… []

FirstBank Partners NTA, others on 2026 Children’s Day Engagements to Inspire Future Leaders

— Segun Alebiosu, MD/CEO First Bank of Nigeria By St. Johnson Adegboyega FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, is set to commemorate Children’s Day 2026 with a series of sponsored nationwide engagements designed to educate, inspire, and empower children across Nigeria. Through its sponsorship of initiatives organised by the Nigerian Television Authority, Nigeria Future Leaders Festival, Lexicon… []

FirstBank, Visa Expand Premium Card Portfolio with Visa Signature Launch

— At the launch of First Bank Naira Visa Debit Card By St. Johnson Adegboyega First Bank of Nigeria Limited has announced the launch of its Naira Visa Debit Card, in partnership with Visa to extend accessible, reliable electronic payment capabilities to a broader segment of the Nigerian population. The card is targeted at everyday consumers who require a dependable payment instrument for routine domestic… []

Tony Elumelu Set To Join Seplat Board After $500m Stake

— Tony Elumelu By Adeola Idris Multi-billionaire founder and chairman of United Bank for Africa (UBA) Plc, Mr. Tony Elumelu, is expected to be formally elected to the board of Seplat Energy Plc on Wednesday, May 20, 2026, as shareholders gather virtually for the company’s 13th Annual General Meeting. This is according to the energy company’s Notice of Annual General Meeting filed with the Nigerian… []

FirstBank Appoints Julius Omodayo-Owotuga as Executive Director

— Dr. Julius B. Omodayo-Owotuga By St. Johnson Adegboyega FirstBank of Nigeria Limited, a subsidiary of First HoldCo Plc, has appointed Dr. Julius B. Omodayo-Owotuga as Executive Director effective May 13, 2026, strengthening leadership in finance, governance, risk, and transformation. The appointment, disclosed through the Nigerian Exchange, also highlighted Omodayo’s 24 years of experience across banking, infrastructure finance, power, oil and gas, auditing, and consulting…. []

Fidelity Bank Grows Gross Earnings by 45.6% for FY 2025

By Adeola Idris Fidelity Bank Plc, a leading Nigerian financial institution, has announced its audited financial results for the year ended 31 December 2025, reporting Gross Earnings growth of 45.6% from N1.04 trillion in 2024 to N1.52 trillion in FY 2025, reflecting stronger topline momentum across core business segments. The Group recorded a Profit Before Tax of N347.7 billion. This performance was underpinned by a… []