Business

Tony Elumelu named Seplat chairman in major leadership

  • 9th June 2026

OpenAI files for IPO as AI firms race

  • 9th June 2026

Nigeria’s transmission grid not limiting electricity supply –

  • 9th June 2026

US judge blocks Trump’s $100,000 H-1B visa fee

  • 8th June 2026

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Nigeria’s economy stronger but poverty worsened, IMF warns

Economy

Africa loses billions to corruption, recovers little, Kenyan envoy

Economy

Tony Elumelu named Seplat chairman in major leadership shakeup

Business

Tinubu approves ₦10bn to tackle Ebola threat in Nigeria

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Blog

Sterling Holdings reports 102% 2024 profit, ₦43.68bn earnings
Banking featured

Sterling Bank’s zero transfers saves Nigerians ₦2bn in fees

Sterling Bank is marking one year since it broke from industry norms by introducing its Zero Transfer Fees policy. The initiative has returned over N2 billion directly to customers and has fundamentally reshaped the cost of everyday banking across Nigeria. Launched on April 1, 2025, the policy eliminated transfer charges on the bank’s digital platform, […]

Access Bank nears final stages of National Bank of Kenya acquisition
featured Policy and Regulations

VIDEO: Lagos to seal Access Bank facility over alleged environmental violations

Lagos State Government has moved to seal off a facility belonging to Access Bank Plc in Oniru, Victoria Island, following allegations of environmental violations involving the discharge of untreated wastewater into public drains. The development was disclosed on Wednesday by the Commissioner for Environment and Water Resources, Tokunbo Wahab, who revealed that the action followed […]

Economy

World Bank backs Nigeria’s reforms, pushes state-level project execution

The World Bank has thrown its weight behind what it described as progress in Nigeria’s reforms, just as it has reaffirmed its strong support for the country’s reform agenda, highlighting the country’s steady progress towards economic recovery. Speaking on Wednesday in Abuja during a meeting with the Senate Committee on Capital Market, chaired by Senator […]

Visa opens first African data centre in South Africa
Tech

Visa unveils six AI tools to modernise credit card disputes

Visa is introducing six new AI-powered tools to streamline and modernize credit card dispute processes. The digital payments firm stated that the tools aim to lower costs and ease the frustrations of “outdated” dispute processes for all parties involved, merchants, issuers, and acquirers, according to CNBC. “Some of the challenges are these back-office systems are […]

Economy

PMI hits 53.2 points as Nigeria’s economy expands in March

Nigeria’s economy strengthened in March 2026, as the composite Purchasing Managers’ Index reached 53.2 points, the Central Bank of Nigeria reported. The reading marks the sixteenth consecutive month of expansion in overall economic activity. The data highlights sustained resilience across major sectors despite persistent macroeconomic challenges. Of the 36 subsectors surveyed, 31 showed growth, reflecting […]

CBN fines Moniepoint, OPay ₦1bn in regulatory crackdown
Business

CBN confirms 33 banks meet new capital requirements

The Central Bank of Nigeria has announced that 33 banks have successfully met the new minimum capital thresholds set under its recently completed recapitalisation programme, a significant step toward strengthening Nigeria’s financial system. According to the apex bank, the 24-month exercise mobilised a total of N4.65 trillion, lifting capital adequacy ratios across the industry above […]

Aviation

Nigeria resolves 98% of trapped airline funds – Keyamo

The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced that Nigeria has successfully resolved 98 per cent of previously trapped airline funds, describing the development as a critical step toward rebuilding investor trust and attracting new capital into the aviation industry. He made the disclosure on Wednesday during the inaugural Nigeria Aircraft Acquisition […]

Aviation

United Nigeria airlines suspends staff over alleged passenger maltreatment

United Nigeria Airlines has suspended a staff member following allegations of maltreatment involving a passenger with reduced mobility, Ms. Doris Akonanya, at Nnamdi Azikiwe International Airport, Abuja. In a statement on Wednesday, the airline’s Public Relations Officer, Chibuike Uloka, said the staff member would remain suspended pending the outcome of a full investigation. The airline […]

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