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 …
Read More »INSIGHT: Are we better off without vaccines? Here’s what evidence says
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 …
Read More »Recapitalisation Without Transformation is a Risk Nigeria Cannot Afford
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 …
Read More »Wema Bank Launches Hackaholics Accelerator 2026 Cohort With Ten Startups
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 …
Read More »IWD: Fidelity Bank Signs MoU with Partners, Launch ‘Give Her Power’ Initiative to Empower Nigerian Women
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. …
Read More »FirstBank Makes Home Ownership Possible for Nigerians with Single-Digit Interest Rate Loan
For millions of Nigerians, homeownership has long felt like an ambition deferred. Squeezed by rising property prices, persistent double-digit inflation and high commercial lending rates, the dream of owning a home has remained just that – a dream. But that narrative is quietly changing. Thanks to FirstBank. The N1 Trillion …
Read More »Dangote Refinery Assures Steady Fuel Supply in Nigeria Despite Global Oil Shortage and Price Increase
The Managing Director of Dangote Petroleum Refinery, David Bird, has reassured Nigerians that the refinery will continue to meet the nation’s fuel needs despite ongoing disruptions in the global oil and gas market. He noted that while fuel import‑dependent countries are already experiencing panic buying and rationing, Nigeria will not …
Read More »Another Oil Boom: Will Nigeria’s Government Turn Windfall into Growth or Squander it?
BY BLAISE UDUNZE The past recurring conflicts on other continents and the current developments in the Middle East are a clear reminder to the world that energy markets are deeply linked to conflict and uncertainty, as experienced across the globe today. The rise in geopolitical tensions with Iran, Israel, and …
Read More »Tomike, Awosika, FineFunky, Others for UBA’s Business Series
Africa’s Global Bank, United Bank for Africa (UBA) Plc, is bringing together female leaders for a special Women’s Month edition of its quarterly UBA Business Series. The edition, themed “Gen W: The Evolved Woman,” set for Thursday, March 12, 2026, at the UBA Office in Marina, Lagos, will also …
Read More »Court orders final forfeiture of N81.1m linked to N2.5bn Sterling Bank fraud
Justice Yelim Bogoro of the federal high court in Ikoyi, Lagos, has ordered the final forfeiture of N81,108,143.8 to the federal government in favour of Sterling Bank Plc. The order followed a motion filed by the Economic and Financial Crimes Commission (EFCC) through Hannatu KofarNaisa, its counsel.Demographics The court had …
Read More »
DailyrecordNg …Nigeria's hottest news blog