Business

Wema Bank Meets Central Bank of Nigeria’s Recapitalisation; Retains National Banking License

  Wema Bank, Nigeria’s oldest indigenous national bank and pioneer of Africa’s first fully digital bank, ALAT, has successfully met and surpassed the Central Bank of Nigeria’s (CBN) recapitalisation requirements, reaffirming its status as a National bank. This achievement represents a critical milestone in the Bank’s growth journey, reflecting its …

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FirstBank Partners Ekiti State Government on Launch of Innovation Enterprise Support Fund

FirstBank, West Africa’s premier financial institution and the leading financial inclusion service provider, is proud to announce its partnership with the Ekiti State Government in launching the Innovation Enterprise Support Fund, a groundbreaking initiative designed to empower startups, scale tech-enabled businesses, and accelerate innovation-driven economic growth across the state. The …

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Empowering mental health: Stanbic IBTC Pension Managers completes landmark renovation in Enugu

Building on its track record of community-focused projects, including the renovation of Government Day Secondary School in Akamkpa, Cross River State, Stanbic IBTC Pension Managers has completed a significant renovation of the Federal Neuropsychiatric Hospital, Enugu; reinforcing its commitment to impactful interventions across health and education in Nigeria. The renovation …

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Dangote, Pope Leo XIV, Trump, Xi Jinping, others Named in TIME 100 Most Influential People for 2026

  Renowned African industrialist and philanthropist, Aliko Dangote, has been named among TIME Magazine’s 100 Most Influential People in the World for 2026, reaffirming his standing as one of the most successful and iconic business leaders of his generation. Dangote joins global influential figures from multiple sectors, including political leaders …

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Dangote Sugar Shareholders Approve Landmark N500bn Rights Issue for Strategic Expansion

… Applaud Management Performance, Commitment to Backward Integration   Dangote Sugar Refinery Plc has received shareholders’ approval for a N500 billion Rights Issue, thus positioning the company to strengthen its financial standing, expand its capital base, and accelerate strategic initiatives. The Rights Issue, the shareholders reasoned will aid the Company …

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