In an era where digital interactions drive everyday banking, the security of financial transactions has become paramount. Stanbic IBTC Bank’s Mobile App 3.0 establishes a new standard for secure digital banking through a meticulously designed, multi-layered security architecture. Each customer interaction is guarded by a suite of advanced security measures, …
Read More »Nigeria’s banking woes: How one South African bank outvalues an entire industry
It is a sobering reality that one South African bank, Standard Bank Group, has a market capitalisation of roughly ZAR 384.34 billion (about $21-22 billion), while the entire Nigerian banking sector combined cannot match it. For a nation of more than 200 million people, with an economy that should be …
Read More »Lawyer asks court to stop Jonathan from contesting 2027 election
A fresh legal action has been instituted before the Federal High Court in Abuja, seeking to stop former President Goodluck Jonathan from contesting the 2027 presidential election. The suit, filed by a lawyer, Johnmary Chukwukasi Jideobi, is praying the court to issue an order of perpetual injunction restraining Jonathan …
Read More »Stanbic IBTC Holdings PLC Reports Remarkable Financial Growth for H1 2025
Overview of Financial Performance As of June 30, 2025, Stanbic IBTC Holdings PLC showcased remarkable financial resilience and growth, despite operating within a highly competitive and regulated Nigerian financial services sector. The company’s interim financial statements highlight a strong upward trajectory across various key metrics, emphasizing the success of …
Read More »FCMB Staff, Ayomide Lamidi Faces Lagos Magistrate Court Over N11.6 million Fraud
29-year-old Ayomide Lamidi, a Loan Officer with First City Monument Bank (FCMB) Microfinance, was arrested on suspicion of stealing N11.6 million from the bank, on Thursday in the Ogudu Magistrates’ Court in Lagos. As part of its Commercial and Retail Banking group, FCMB owns and runs the FCMB Microfinance Bank …
Read More »Engr. Kayode Ojo Felicitates With Teachers, Says, They are Impetus In Nation Building
A governorship Aspirant under All Progressives Congress APC in Ekiti State Engr. Kayode Ojo greets the teachers on World Teachers Day, describing them as great impetus and steam for the development of any society. “Teachers’ roles at modelling both children and youths towards nation building cannot be under estimated”, …
Read More »Seyi Shay hails Wizkid as ‘Greatest of All Time’
Nigerian singer Seyi Shay has expressed her deep admiration for Afrobeats star, Wizkid, naming him as the Greatest of all time.Nigerian Politics Books While speaking with The Honest Bunch, Seyi Shay spoke about her relationship with the singer, while lauding him for his talent and intelligence. The singer praised Wizkid’s …
Read More »PDP convention must be fair, inclusive – Makinde
The Oyo State Governor, Seyi Makinde, has said that the forthcoming national convention of the Peoples Democratic Party must be anchored on fair processes, open debate and inclusivity. Makinde, in a newsletter released on Thursday evening, stressed that this was crucial to repositioning the party and strengthening its chances ahead …
Read More »Customer threatens to sue Polaris Bank over N868m loan facility
A lawyer, Chuckwuma-Machukwu Ume, SAN, has threatened a lawsuit against Polaris Bank for allegedly withholding a loan facility of N868 million belonging to a customer, Kenchez Nigeria Limited. Ume, a former Attorney-General of Imo, in a letter addressed to the managing director of the bank, also demanded another refund of …
Read More »Tinubu to inaugurate $400m Rivers crude export terminal
President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, the first new crude export facility to be built in Nigeria in over 50 years. The facility, developed by Green Energy International Limited, operators of the Otakikpo field in …
Read More »
DailyrecordNg …Nigeria's hottest news blog