slideshow

  With 32 banks meeting new capital requirements and 72 per cent of funds raised domestically, Nigeria’s banking sector emerges from its most significant reform cycle as the primary engine of the country’s capital mobilisation agenda LONDON — When Nigeria’s banking recapitalisation exercise was announced, the debate centred largely on …

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to order an investigation into the alleged spending of ₦5.9 billion on the rebranding of the Nigerian National Petroleum Corporation into the Nigerian National Petroleum Company Limited. In an open letter dated March 14, SERAP urged the …

Dangote Industries Limited (DIL) and GCL Group, China’s leading private energy conglomerate, have formalized a landmark US$4.2 billion, 25‑year natural gas supply agreement to power Dangote Group’s major expansion projects in Ethiopia. The agreement, signed in Lagos, reinforces one of the most significant China–Africa industrial partnerships to date. Under the …

How FirstBank is quietly Rewriting Nigeria’s Homeownership Story The dream by Nigerians of homeownership is taking a bold new turn and those who move early will gain the most. Through a strategic partnership with the Ministry of Finance Incorporated Real Estate Investment Fund (MREIF), First Bank of Nigeria Limited is …

Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, marking another significant milestone in the bank’s international growth and its commitment to strengthening financial connections between Africa and global markets.   The official opening ceremony, scheduled to hold on Tuesday, March 17, 2026, is …

The Governor of Abia State, Alex Otti, has announced that the state government is ready to sign a Memorandum of Understanding (MoU) with Presco Plc for a proposed $200 million investment in palm oil production and processing in the state. Governor Otti disclosed this on Friday, March 14, while receiving …

Some people believe that our forefathers lived long, healthy lives without the aid of vaccines. In Nigeria, these opinions have often led to a debate on the necessity of vaccines in healthcare. They have also contributed to vaccine hesitancy among the citizens. Are vaccines really as important for our health …

BY BLAISE UDUNZE   In barely two weeks, Nigeria’s banking sector will once again be at a historic turning point. As the deadline for the latest recapitalisation exercise approaches on March 31, 2026, with no fewer than 31 banks having met the new capital rule, leaving out two that are reportedly …

  Wema Bank, Nigeria’s most innovative bank and the pioneer of Africa’s first fully digital bank, ALAT, has launched the 2026 Hackaholics Accelerator Program, welcoming ten startups into the cohort. The Hackaholics Accelerator, a selective growth program under Wema Bank’s Hackaholics platform, is designed to help promising Nigerian startups strengthen …

  Fidelity Bank Plc has reaffirmed its commitment to advancing women’s economic empowerment with the signing of strategic Memoranda of Understanding (MoU) with partner organisations at the launch of the bank’s “Give Her Power” initiative, a programme designed to equip Nigerian women with practical skills, tools, mentorship, and financial knowledge. …