Islamic Banks in Nigeria Increase to Five with New Entry
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
Summit Bank Limited begins operations as Nigeria's fifth Islamic bank, expanding Sharia-compliant financial services accessible to all Nigerians regardless of religion.
UN human rights chief Volker Turk expresses grave concern over tech giants' immense power and unregulated AI threatening global democracy. Learn why regulation is urgently needed.
Standard Chartered Bank Nigeria announces branch closures starting January 2026 as part of digital transformation strategy. Bank confirms meeting CBN's N200bn capital requirement early.
Discover the inspiring journey of Nigerian artist Aguero Banks as he overcomes challenges to establish his unique sound in Africa's competitive music industry.
A leading Nigerian digital bank has unveiled a groundbreaking device verification system that promises to revolutionize customer security and protect against unauthorized account access in the growing fintech landscape.
First Bank of Nigeria Holdings Plc announces staggering N450.9 billion profit as it strategically positions itself for Central Bank of Nigeria's banking sector recapitalisation requirements.
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
Nigerian energy infrastructure receives groundbreaking protection system against transformer failures and explosions. Sentry Global's innovative solution addresses aging power infrastructure crisis.
Discover how a Nigerian energy company is revolutionizing access to clean power solutions across the nation, tackling energy poverty with innovative solar technology and affordable payment plans.
Leading energy companies are accelerating Nigeria's transition to clean power with ambitious renewable energy projects that promise to transform the nation's electricity landscape.
Standard Chartered Bank Nigeria has successfully met the Central Bank's new ₦200 billion minimum capital requirement, positioning itself as a leader in Nigeria's banking sector transformation.
Australia don launch groundbreaking solar initiative wey go provide millions of residents with three hours of free electricity every single day. This revolutionary policy na part of dem commitment to renewable energy.
Discover which Nigerian banks offer the most competitive starting packages for fresh graduates. Our comprehensive analysis reveals salary structures and career prospects.
Lagos witnessed cycling history as itel mobile hosted Nigeria's premier road cycling championship, attracting hundreds of riders across skill levels in a spectacular 60km race across the city.
New data reveals Nigeria's top 10 banks by customer deposits, with Ecobank leading the pack. Discover which financial institutions Nigerians trust most with their money and the staggering amounts involved.
New data reveals alarming fraud cases across Nigerian banks with millions disappearing through digital channels. Discover the banks most vulnerable to financial crimes and what this means for customers.
Transcorp President Owen Omogiafo calls for urgent expansion of Africa's energy supply at FII9 Summit, highlighting the critical link between reliable power and continental development.
The Federal Government imposes strict financial requirements on Eko Electricity Distribution Company for Ibadan Disco licence renewal, demanding improved performance and financial stability.
Nigerian energy startup Rana Energy raises $3 million in funding to expand its AI-driven clean energy solutions across Africa, tackling electricity challenges with innovative technology.
Guaranty Trust Holding Company Plc (GTCO) announces exceptional financial performance with Profit Before Tax hitting ₦900.8 billion in Q3 2024, showcasing remarkable growth and market leadership.
Kano Electricity Distribution Company kicks off transformative mass metering program backed by World Bank funding, promising relief from estimated billing for millions of customers across Northwest Nigeria.
The Federal Government announces strategic electricity subsidy initiative to protect low-income households and vulnerable Nigerians from recent tariff increases while maintaining sector sustainability.
Federal Government collaborates with Nasarawa State to launch groundbreaking rural electrification initiative, bringing reliable power to underserved communities through innovative mini-grid technology.
Spanish banking giant Santander reports historic €11.1 billion profit for 2023, driven by strong European and American markets. See how this impacts global banking.
Four communities in Cross River State celebrate reliable electricity as REA's interconnected mini-grid project delivers 440kWp of clean power, transforming lives and boosting local economy.
Germany's banking giant Deutsche Bank reports historic €5.7 billion profit driven by strong trading and investment banking performance in 2023.
Swiss banking powerhouse UBS delivers stunning Q1 results, exceeding expectations with $1.8 billion profit and recovering massive provisions. Nigerian investors watch closely as global banking shows strong recovery signs.
Nigeria faces a massive electricity metering gap with only 100,000 meters installed against a 7 million target. Minister Adebayo Adelabu's ambitious plan aims to transform the power sector amid growing consumer frustration.
Nigeria's premier banking institution, FirstBank, has successfully redeemed its $350 million Eurobond, demonstrating robust financial health and reinforcing investor confidence in the Nigerian banking sector.
Edo State plunges into political crisis as Governor Godwin Obaseki faces unprecedented challenge with two deputy governors claiming legitimacy in dramatic power struggle.