Govt Urged to Invest in Culture for Economic Growth
Stakeholders at the Ijakadi festival in Offa call for deliberate government investment in cultural heritage as a viable source of foreign earnings and economic development for Nigeria.
Category : Search result: Union Bank Nigeria
Israel's Somaliland Recognition Sparks African Outrage
Israel becomes the first nation to recognise Somaliland's independence, drawing fierce condemnation from Somalia, the African Union, and regional allies. Read the full diplomatic fallout.
Kwara Teachers Protest Exclusion From 30% Salary Hike
Kwara state teachers protest being left out of a 30% salary allowance. They accuse the NUT leadership of inaction and reveal many are surviving on loans. Read the full story.
Providus Bank Worker Shares 6 Christmas Bonus Items
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
US Bans 5 Europeans Over 'Censorship' of American Viewpoints
The Trump administration has banned five Europeans, including a former EU commissioner, from entering the US. They are accused of coercing tech firms to censor American viewpoints. Read the full details.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
Kwara Governor Approves 27.5% Teachers Allowance
Kwara State Governor AbdulRahman AbdulRazaq has approved a new Teachers Specific Allowance, ranging from 21% to 27.5%, effective January 2026. This follows pressure from the Nigeria Union of Teachers. Read the full details.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
Ann Godwin Wins NMMA Female Reporter of the Year Award
The Guardian's Ann Godwin wins NMMA Female Reporter and DMOMA Media Personality awards. WSCIJ and NUJ Rivers celebrate her data-driven journalism and impact on Niger Delta communities. Read more.
EU-Mercosur Trade Deal Postponed to January 12
The historic EU-Mercosur trade pact, creating the world's largest free trade zone, faces delay due to farmer protests. A new signing date is now targeted for January 12 in Paraguay. Get the full details.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
Ilorin Land Crisis: Afonja Descendants Seek Governor, Emir's Help
The Afonja Descendants Union in Ilorin calls on Governor AbdulRahman AbdulRazaq and the Emir to intervene in an alleged illegal land acquisition crisis at Modi and Ogundele. They urge a peaceful resolution.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
NLC in 3 States Protest Against Rising Insecurity
Workers in Enugu, Rivers, and Ebonyi joined a nationwide NLC protest against insecurity, accusing the Federal Government of not protecting lives and property. Read their demands.
EU-Mercosur Trade Deal Faces Crucial Vote
A landmark EU-Mercosur trade deal, 20 years in the making, faces a crunch vote. While promising a massive free-trade zone, it sparks fierce protests from European farmers fearing cheap imports. Read the full details.
EU-Mercosur Trade Deal Hits French, Italian Roadblock
A landmark EU-Mercosur trade deal faces a major setback as Italy and France demand more safeguards for farmers, casting doubt on a signing ceremony planned for this weekend in Brazil.
Okada Riders Kick Against Daily Insurance Fee in Ogun
Okada riders in Abeokuta protest a new ₦200 daily insurance premium, calling it an extra burden. Council chairmen defend the scheme as vital health coverage. Read the full story.
NDIC Details N2m Payout for Failed Mortgage Banks
The NDIC has initiated a payout of up to N2 million per depositor for customers of Aso Savings and Union Homes. Learn about the verification process and what happens to balances above the insured limit.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
CBN Revokes Bank Licences, NDIC Begins Depositor Payouts
The CBN has revoked the operating licences of Aso Savings and Union Homes. NDIC has commenced verification and payment of insured deposits up to N2 million. Learn how depositors can claim their funds.
CBN Revokes Aso Savings, Union Homes Licences
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
NDIC Begins Liquidation of Aso Savings, Union Homes
NDIC starts liquidation of Aso Savings & Union Homes after CBN licence revocation. Depositors to get up to N2m via BVN. Learn the process for claims and payments.
NDIC Pays Aso Savings, Union Homes Depositors After CBN Revocation
The NDIC has started reimbursing depositors of Aso Savings and Union Homes after the CBN revoked their licenses. Learn how to claim your insured funds up to ₦2m before the deadline.
Zamfara Gov Launches €5.1m EU Peace Project
Governor Dauda Lawal has launched a European Union-funded project to build peace and resilience in conflict-hit areas of Zamfara and Katsina, targeting over 95,000 people. Read more.
Ex-Nigeria Ambassador to China, Uthman AbdulAzeez, Dies
Nigeria's former ambassador to China, Uthman AbdulAzeez, has passed away at 71 after a brief illness. Read tributes from Kwara governor and his legacy in intelligence and diplomacy.
FG Opens New Funding for Imo Small Business Owners
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
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