Discovery Health Rebrands Vitality to Global Health Solutions
Discovery Health rebrands Vitality Health International (Africa) to Discovery Health - Global Health Solutions, expanding healthcare offerings for employers across Nigeria and Africa.
Category : Banking
Festus Asikhia: Leadership Beyond Business Through Learning
Festus Uwakhemen Asikhia's journey reflects leadership beyond business success, emphasizing continuous learning, governance, and societal impact.
CBN Invites Bids for Construction, Consultancy Projects in 2026
The Central Bank of Nigeria calls for Expressions of Interest from contractors and consultants for 2026 projects covering construction, ICT, consultancy, and security upgrades.
VFD Group Heads into 2025 AGM with Strong Investor Momentum
VFD Group Plc gears up for its 2025 AGM in Lagos on May 25, 2026, with shareholders expecting dividends and robust financial results amid Nigeria's challenging economy.
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CBN: Five Banks Yet to Meet Recap Target to Continue Operations
The CBN has assured that five banks yet to meet recapitalisation targets will continue operations normally, as 33 banks successfully comply, boosting investor confidence.
Meta Injects $820m into Nigerian Economy, Boosts 81% Businesses
Meta has injected $820 million into Nigeria's economy, with 81% of businesses gaining customers via its platforms, according to a new report.
BUA Cement Blames Competition for High Cement Prices
BUA Cement attributes rising cement costs to intensified competition from a new player and acquisition, while reporting N1.2 trillion revenue in 2025.
FG proposes Cooperative Bank for housing delivery
The Federal Government plans to establish a Cooperative Bank of Nigeria to finance housing projects, owned by cooperatives, with 65% equity for societies.
FCCPC Licensing Under Court Orders Sparks Credibility Questions
Analysis of FCCPC licensing five airtime credit firms while under court injunction, questioning regulatory process and investor confidence in Nigeria.
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Otedola Commits $100 Million to Dangote Refinery
Billionaire Femi Otedola announces readiness to invest $100 million in Dangote Refinery's private placement ahead of its September 2026 IPO.
S&P Upgrades Seven Nigerian Banks on Reforms
S&P Global Ratings upgraded seven Nigerian banks to 'B' with stable outlooks, citing economic reforms and recapitalisation. Return on equity projected at 20-23% by 2026.
Man Abandons N1k in PiggyVest, Finds Over N4k After 5 Years
A Nigerian man who left N1k in his PiggyVest account in 2020 was shocked to find over N4,205.98 in 2026, highlighting the power of compound interest.
Supacash Launches Group Wallets for Shared Finances
Supacash unveils Group Wallets, a shared wallet system for friends, families, and groups to manage finances collaboratively, targeting Nigeria's growing fintech market.
Skyewise Group Hires Nedu Wazobia as Brand Ambassador
Skyewise Group has announced popular OAP Nedu Wazobia as its brand ambassador to promote its financial services and expand its presence across Nigeria.
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CBN Reviews Bank Alerts, Charges for Customer Relief
The Central Bank of Nigeria is working with commercial banks to review excessive transaction alerts and multiple debit notifications, aiming to improve customer complaint resolution and transparency.
Wema Bank shareholders approve N1.25 dividend for 2025
Wema Bank shareholders approved N1.25 dividend per share after 2025 earnings surged 125%. Gross earnings hit N660.59 billion, up 52.79%.
Sterling assets cross N4tn as profit surges 89%
Sterling Financial Holdings reports record earnings, with profit before tax up 89.2% to N86.8bn in 2025, and total assets crossing N4 trillion in Q1 2026.
CIBN Inaugurates New Governing Council Members in Lagos
Taiwo Joda of Accion Microfinance Bank inaugurated as CIBN governing council member, highlighting microfinance inclusion and systemic risk.
PalmPay Empowers 2,000+ Women in Kano, Kaduna
PalmPay's financial inclusion initiative empowers over 2,000 women in Kano and Kaduna through digital banking, POS terminals, and financial literacy workshops.
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Tatum Bank Board Seeks Lagos Partnership with Sanwo-Olu
Tatum Bank's board and management visited Lagos Governor Babajide Sanwo-Olu to forge a strategic partnership for economic growth and financial inclusion.
Natasha Mourns Kwadeco, Hails Healthcare Legacy
Senator Natasha Akpoti-Uduaghan mourns Salihu Suleiman Okatahi (Kwadeco), praising his contributions to healthcare and community development in Ebiraland.
CBN Retains Interest Rate at 26.5%
The Monetary Policy Committee of the Central Bank of Nigeria kept the benchmark interest rate unchanged at 26.5% during its 305th meeting, maintaining all key monetary parameters.
Naira Falls Against Dollar, Gains on Pound and Euro
The naira weakened slightly against the US dollar in official and parallel markets but gained against the British pound and euro, as CBN data shows marginal shifts.
UN Envoy Orders Nigerian Mission to Open UBA Account
Nigeria's UN envoy Jimoh Ibrahim directs the Nigerian Mission in New York to open a UBA account within seven days, ending a 42-year absence of banking ties.
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FCMB Empowers Nigerian Students with Financial Skills
FCMB, in partnership with CBN, teaches money management to secondary school students across Nigeria through the 'Smart Money Talks' initiative, promoting financial inclusion.
Remita: Essential Payment Infrastructure for Africa's Growth
Remita's payment infrastructure is crucial for Africa's digital transformation, enabling seamless transactions, government efficiency, and financial inclusion across the continent.
Wema Bank Closes Children’s CEO Contest Entries May 20
Wema Bank announces final call for entries in its One-Day MD/CEO competition for children, with submissions closing May 20, 2026. Winner to lead bank on May 25.
Abdulsamad Rabiu Overtakes South African Billionaire
Nigerian billionaire Abdulsamad Rabiu surpasses Johann Rupert to become Africa's second richest man with $16.1 billion, behind Aliko Dangote's $32.3 billion.
Stanley Uzochukwu Completes Oxford, Harvard Executive Programmes
Stanley Uzochukwu, CEO of Stanel Group, completed executive programmes at Oxford and Harvard, strengthening his global leadership profile and expanding Nigeria's business landscape.
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Zenith, UBA, GTCO, First Holdco Generate N570tn in 2025
Four major Nigerian banks processed N570.17 trillion in electronic transactions in 2025, led by Zenith Bank and UBA, amid fintech competition.
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