The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution. This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus …

In a series of impactful activities spanning a school outreach, an employee empowerment webinar and a community food donation drive, SIFAX Group has marked the 2026 International Women’s Day with a multi-pronged initiative that touched the lives of hundreds of girls, women employees and vulnerable residents in Lagos. One of …

The Nigerian Navy and SIFAX Group have reaffirmed their commitment to deeper operational collaboration aimed at enhancing maritime security and safeguarding critical economic assets in Lagos. The renewed partnership was reached during a courtesy visit by the Flag Officer Commanding, Western Naval Command, Rear Admiral A.A. Mustapha, to the headquarters of SIFAX Group …

The federal high court in Abuja on Tuesday adjourned the alleged terrorism trial of former attorney-general of the federation, Abubakar Malami, and his son, Abdulaziz, until March 10, 2026. The adjournment followed an application by Rotimi Oyedepo, Director of Public Prosecutions of the Federation, who requested additional time to enable …

The Nigerian police has reveal details of how Olukayode Olusanya, founder of Oak Homes Limited, allegedly defrauded a U.S.-based client, Anthony Ugbebor, an engineer. The police are prosecuting Olusanya and his firm before Justice Musa Kakaki of the Federal High Court in Lagos on a four-count charge involving an alleged …

The Economic and Financial Crimes Commission (EFCC) has arraigned two top officials of FSDH Merchant Bank Limited, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, over the alleged theft of $306,667.81 and €50,250 through fraudulent SWIFT transfers. The duo were docked before Justice Ismaila Ijelu of the Lagos State High Court …

Workers of Shell Nigeria Exploration and Production Company Limited (SNEPCo) staged a protest on Tuesday, locking the gate to the firm’s Broad Street office in Lagos. The action was organised by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). Eyewitnesses reported that traffic in the area was …

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has renewed calls for an urgent expansion of Nigeria’s domestic refining capacity, warning that rising global geopolitical tensions could trigger fuel supply disruptions, higher pump prices and renewed pressure on the foreign exchange market. Speaking on Tuesday in Abuja, PETROAN’s …

Zenith Bank Plc will commemorate the 2026 International Women’s Day with a renewed call to purposeful action and leadership. As part of preparations to celebrate this significant occasion, the Bank is set to hold its annual International Women’s Day Seminar on Monday, March 9, 2026, at The Civic Centre, Victoria …

Institutional investors, corporate leaders and economic experts gained practical insights into portfolio positioning at the recently held Stanbic IBTC Economic Summit. Delivered virtually under the theme ‘From policy to pockets: How 2026 economic shifts will shape your financial decisions’, the summit explored how Nigeria’s shift from economic stabilisation to growth consolidation is redefining opportunities and risks for decision-makers. Discussions …