Unity Bank Plc has disbursed over N270 million in grants to young Nigerian entrepreneurs under its Youth Entrepreneurship Development Initiative: Corpreneurship Challenge, bringing the total number of beneficiaries since inception in 2019 to 608 corps members nationwide. The initiative, implemented in partnership with the National Youth Service Corps (NYSC) through …

Stanbic IBTC Insurance, a subsidiary of Stanbic IBTC Holdings, is pleased to announce that Agusto & Co. has upgraded its credit ratings for the 2025–2026 financial year. The Company has been assigned a Long-Term Rating of A and a Short-Term Rating of A1, both with a Stable Outlook. This upgrade …

The Lagos State Government has officially welcomed Africa and the global music community as the 9th edition of the All Africa Music Awards (AFRIMA) kicked off in Lagos, Nigeria. The Africa’s global music celebration holds from January 7 to 11, 2026, as the cultural fiesta commenced on Wednesday with a …

  Wema Bank is once again redefining the future of banking with the upgraded version of ALAT scheduled to go live in January, 2026. Tagged ALAT: The Evolution, the upgraded version of ALAT will once again set the standard on the next chapter in the banking industry. With ALAT: The …

SIFAX Group has opened the 2026 business year with a strong declaration of intent, unveiling an innovation-driven growth plan aimed at strengthening operations, deepening technology adoption, and expanding its footprint across West Africa. The Chairman of the Group, Dr. Taiwo Afolabi, made this known in his New Year message to …

-Shareholders commit to future injection of more capital to the Groups’ other subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This milestone was …

… Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday …Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement …

BY BLAISE UDUNZE As the new economic year begins in Nigeria, statements and policies emanating from government officials’ corridors project cautious optimism. One of the official narratives that expresses renewal of hope and confidence is the projection from the Central Bank of Nigeria (CBN) that the economy is expected to …

CIG Motors Co. Ltd has announced the immediate termination of the appointment of its Executive Director, Jubril Arogundade(@JubrilofLagos), following internal investigations that uncovered issues relating to financial misappropriation and abuse of authority. In a statement made available to Nairametrics, the company said the decision followed a period of suspension and …

The Nigerian private sector remained in growth territory at the end of 2025 as improvements in customer demand fed through to higher new orders, output and purchasing activity. Employment also increased, but the rate of job creation remained marginal. Inflationary pressures picked up modestly in December but remained generally close …