… fully recapitalises two banking subsidiaries Sterling Financial Holdings Company Plc (“Sterling HoldCo” or “the Group”) has announced the commencement of the allotment process for its 2025 Public Offer of 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share. This follows the earlier receipt of[Read More…]
When the final runner crossed the finish line at the 11th edition of the Access Bank Lagos City Marathon (ABLCM), the applause began to fade. But for hundreds of workers across Lagos, the real work was just beginning. Major highways had been closed to facilitate the event. Tens[Read More…]
Nigeria’s headline inflation rate climbed down slightly to 15.1% in January 2026, from 15.15% the previous month of December 2025. Figures released by the National Bureau of Statistics (NBS) on Monday, February 16, 2026 showed a modest decline of 0.05 percentage points. The seeming reduction in inflation apparently follows[Read More…]
The Dangote Petroleum Refinery has increased the ex-gantry price of its premium motor spirit, also known as petrol, to N799 per litre. The company stated this on Monday in a statement made available to journalists. According to the $20 billion refinery plant, its gantry price for[Read More…]
A new generation bank, six fintechs and microfinance banks have been indicted for allowing fraudsters to launder huge sums of money after defrauding unsuspecting Nigerians in major financial scams. The Economic and Financial Crimes Commission (EFCC) Director of Public Affairs, Mr Wilson Uwujaren, disclosed the complicity of the banks[Read More…]
Nigeria’s retail lender, Unity Bank Plc, has launched an upgraded version of its mobile banking platform, Unifi, as part of ongoing efforts to improve customer experience on the Bank’s digital Banking platform and reinforce its proposition in ebusiness. The latest update, Unifi version 2.3, introduces a suite of[Read More…]
In line with its commitment to environmental preservation and sustainable development, leading financial institution, Fidelity Bank Plc, has partnered with Greenfingers Wildlife Initiative, to plant trees at Elegushi Beach, Lekki, Lagos. The intervention was implemented as part of the bank’s Corporate Social Responsibility (CSR) initiative, Fidelity Helping Hands[Read More…]
The Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN) have jointly approved a framework that guarantees near-instant refunds for failed airtime and data purchases. Under the new arrangement, subscribers who are debited without receiving value will automatically receive refunds within 30 seconds, addressing one of the[Read More…]
In a renewed commitment to strengthen environmental protection across Nigeria, Sterling One Foundation, in collaboration with Sterling Bank, Sunbeth, government agencies, community volunteers, and partner organizations, spearheaded a nationwide Environmental Cleanup and Beach Adoption exercise on Saturday, November 29, 2025. The initiative, which is in line[Read More…]
Tier-one lender, Fidelity Bank Plc, has reaffirmed its commitment to community development and educational empowerment with the donation of essential learning materials to schoolchildren in Makoko Community, Yaba, Lagos under its Fidelity Helping Hands Program (FHHP). The outreach, which was facilitated by the bank’s Legal Services Division,[Read More…]
