Business

CBN Affirms Alpha Morgan Bank’s Capitalisation as Bank Positions for Next Phase of Growth

  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 …

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IWD 2026: SIFAX Group Supports Community, Empowers Staff

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 …

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Nigerian Navy, SIFAX Group Strengthen Operational Synergy 

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 …

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EFCC Arraigns Two FSDH Merchant Bank Ltd Officials For Allegedly Stealing ₦527 Million Via SWIFT Transfers

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 …

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Stanbic IBTC Economic Summit delivers strategic framework for navigating Nigeria’s 2026 investment landscape

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 …

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