First HoldCo Plc has completed the sale of its entire stake in FBNQuest Merchant Bank Limited, bringing a significant restructuring move within the group to a close. In a notice filed with the Nigerian Exchange Limited (NGX), the company confirmed that it had finalised the divestment of its[Read More…]
Corporate banking in Africa is undergoing a transformation, and the conversation has shifted beyond traditional deposits and loans. Speaking recently during a panel session at Future of Finance Summit, Lanre Bamisebi, Executive Director, IT and Digitisation at Access Holdings, highlighted the urgent need for financial institutions to bridge the widening[Read More…]
Union Bank of Nigeria, one of Nigeria’s most trusted financial institutions, is excited to announce the launch of its new customer reward initiative designed to deepen engagement, drive premium account activity, and promote consistent savings behaviour among its customers. Open to new and existing customers, the Save and[Read More…]
President Bola Tinubu on Sunday announced the rescue of all 38 worshippers abducted earlier in the week from the Christ Apostolic Church (CAC), Eruku, in the Ekiti Local Government Area of Kwara State. In a post on his verified X handle, the President said the breakthrough followed[Read More…]
Comrade Jimoh Oyibo, National President of Food, Beverage, and Tobacco Senior Staff Association (FOBTOB), has appealed to the Senate to invite relevant stakeholders to a public hearing. The president in a press conference on Tuesday at its head office in Lagos said the aim is to[Read More…]
Google has announced the launch of Nano Banana Pro, its most powerful image generation and editing model yet, built on the advanced reasoning of Gemini 3 Pro. In a statement, Google said this new model is designed to help everyone, from casual creators to global enterprises, turn[Read More…]
Access Bank Plc, Nigeria’s largest retail bank, is set to unveil DettyFusion, an innovative all-in-one digital platform designed to help Nigerians at home and in the diaspora seamlessly discover, plan, and enjoy entertainment events during the upcoming Christmas and New Year festive season. Billed as the first-of-its-kind entertainment[Read More…]
The Nigeria Police Force (NPF), FCT Command, on Wednesday sealed off the Peoples Democratic Party (PDP) national secretariat, Wadata Plaza, Abuja, using barbed wire. The police also blocked all the access points to the party secretariat with patrol vehicles. The action followed the Tuesday violent confrontation between two factions[Read More…]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced the suspension of the planned 15 percent ad-valorem import duty on Premium Motor Spirit (PMS) commonly known as petrol and diesel. In a statement posted signed by the Director, Public Affairs Department, NMDPRA, George Ene-Ita on Thursday, the[Read More…]
…Donates Boats and Relief Materials to Orphanage and Schools In a demonstration of its commitment to corporate social responsibility, leading financial institution, Fidelity Bank Plc, has extended support to residents of the Makoko waterfront community in Lagos with the donation of boats, educational materials, food items and[Read More…]
