BY BLAISE UDUNZE the Central Bank of Nigeria (CBN) announced a policy that significantly departs from the cash-restriction measures Nigerians have faced lately. The apex bank abolished restrictions on cash deposits. Increased the weekly cash withdrawal limits to N500,000 for individuals and N5 million for corporates while substituting the …
Read More »Fidelity Bank Receives Customs Service Award for Pioneering Role in UCMS Implementation
Fidelity Bank’s leadership in digital innovation and public sector collaboration has once again been spotlighted as the tier-one lender was honoured at the Comptroller General of Customs Award Night 2025. At the ceremony, which took place at the Transcorp Hilton Hotel Grand Ballroom, Abuja, on Friday, 21 …
Read More »Wema Bank Set to Turn Up December with the Fashion Souk 2025 Experience
Wema Bank has announced that it will be giving its customers a turn up December shopping experience at Fashion Souk 2025, scheduled to hold on December 6 and 7, 2025 at Harbour Point, Victoria Island, Lagos. Building on previous successes, this year’s souk powered by Wema Bank promises to be …
Read More »Pastor David Ogbueli Leads Abuja and Nigeria Into a Night of Glory as Healing Crusade holds Friday
BY BLAISE UDUNZE Pastor David Ogbueli, President of Dominion City Church is set to welcome thousands of worshippers to the Abuja Night of Glory, a healing, deliverance and transformation crusade on Friday, 5th December 2025, at the Main Bowl of the Moshood Abiola National Stadium. The all-night programme, starting at …
Read More »Global E-commerce Giant Temu Partners with Lagos-Based Startup Dellyman to Power Deliveries Across Nigeria
Temu, the fast-growing global e-commerce powerhouse, has entered into a delivery partnership with Lagos-based logistics startup Dellyman, marking a significant step in Temu’s expansion into the Nigerian market. The partnership follows a successful pilot phase in which Dellyman completed more than 1,300 deliveries with a 95% success rate, demonstrating its …
Read More »Stanbic IBTC graduates DiSEP 4.0 cohort and inducts DiSEP 5.0 candidates
Stanbic IBTC Holdings has marked a significant milestone in youth empowerment and digital skills development with the formal certificate presentation ceremony for participants of the Digital Skills Empowerment Programme (DiSEP) 4.0, alongside the induction of DiSEP 5.0 cohort. The ceremony, which was held at Stanbic IBTC’s Head Office in Lagos, …
Read More »Nigeria’s “Era of Renewed Stability” and the Truths the CBN Chooses to Overlook
BY BLAISE UDUNZE At the Annual Bankers’ Dinner, when the Governor of the Central Bank of Nigeria, Yemi Cardoso, recently stated that Nigeria had “turned a decisive corner,” his remark aimed to convey assurance that inflation was decelerating with headline inflation eased to 16.05percent and food inflation retreating to 13.12 …
Read More »Nigeria Should Not Be Importing Fuel, We Have the Capacity to Meet Local Demand — Dangote
… seeks legislative backing for Nigeria First Policy President/Chief Executive, Dangote Industries Limited, Aliko Dangote, has criticised the crude supply practices of international oil companies, insisting that Nigeria has no justification for importing crude or refined petroleum products if existing laws are properly enforced. Speaking during a visit by the …
Read More »Stanbic IBTC Asset Management clinches top honour at Global Banking & Finance Awards
Stanbic IBTC Asset Management, a subsidiary of Stanbic IBTC Holdings, has been named Nigeria’s ‘Asset Management Company of the Year 2025’ by the Global Banking & Finance Awards. This honour recognises the company’s continued innovation and excellence in providing investment solutions that help Nigerians build and preserve wealth. As a …
Read More »Stanbic IBTC Bank Nigeria PMI: New orders rise sharply as inflationary pressures wane
The introduction of new products helped to boost customer demand in November, leading to further expansions of new orders and business activity in the Nigerian private sector. Meanwhile, the recent trend of easing inflationary pressures continued. Input costs increased at the slowest pace in almost five years, while output prices …
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