Business

Fostering Greener Future: UBA Foundation Plants Trees in Iconic Lagos Schools for World Environment Day

To mark World Environment Day 2026, the UBA Foundation the corporate social responsibility arm of United Bank for Africa Group launched its 2026...

Tinubu Smashes Optasia’s 12-Year Stranglehold on Nigeria’s N3trn Airtime Credit Market

President Bola Ahmed Tinubu has moved decisively to dismantle South African firm Optasia’s 12-year dominance of Nigeria’s lucrative airtime credit lending and data...

Nigeria’s Capital Inflows Surge 84% to $10.37bn in Q1 2026

By Samuel Akpan Nigeria attracted $10.37 billion in foreign capital in Q1 2026, marking an 83.83 percent increase from $5.64 billion a year...

Tony Elumelu: How an Eight-Year Struggle Built a Two-Million-Customer Insurance Giant

Business mogul and Chairman of Heirs Holdings, Tony Elumelu, has reflected on the remarkable rise of Heirs Insurance Group, describing its journey from...

FirstMobile: How to Install and Register for FirstBank’s Mobile App

Picture this: it is payday, and you need to transfer money to a loved one or pay a utility bill. In the past,...

Beyond Colonialism: Tony Elumelu Pushes for Global Investment in Africa

Nigerian business tycoon Tony Elumelu has urged Africans to warmly welcome investors from every corner of the world and finally move beyond colonial-era...

Transcorp Hits ₦20.3bln Dividend Milestone at 20th AGM, Stakeholders Excited

Transnational Corporation Plc (Transcorp Group), a premier African conglomerate with core interests in energy, power, and hospitality, has announced a total dividend payout...

Cardless Payments Go Nationwide via New UBA, Redtech, and MoMo PSB Deal

By Maryanne Awuya United Bank for Africa (UBA), Redtech, and MoMo Payment Service Bank (MoMo PSB) have launched a payment interoperability partnership aimed...

Jim Ovia Retires from Zenith Bank; Mustafa Bello Steps In

By Maryanne Awuya Zenith Bank has announced the retirement of its founder and Group Chairman, Jim Ovia, following the completion of his tenure...

SEC Crackdown: 13 Nigerian Firms Hit With Asset Freeze for Terror Financing

The Nigerian Securities and Exchange Commission (SEC) has ordered an immediate asset freeze for 13 capital market entities suspected of financing terrorism. This...

From Crisis to Recovery: How the CBN’s “Bold Reset” Reshaped Nigeria’s 2026 Economy

The Central Bank of Nigeria (CBN) is charting a measured path to economic recovery, crediting its sweeping monetary and banking overhaul with driving...

FirstBank Empowers SMEs with AI-Driven Growth Strategies, Hosts SMEConnect Webinar

FirstBank, West Africa’s premier financial institution and financial inclusion services provider, has announced the upcoming edition of the SMEConnect Webinar scheduled to hold...

Tony Elumelu Foundation disburses $100m to 24,000 young African entrepreneurs

The Tony Elumelu Foundation (TEF) has deployed $100 million in seed capital to empower 24,000 young entrepreneurs across all 54 African nations since...

Tinubu Salutes Elumelu as Beacon of African Enterprise on Eve of Birthday

President Bola Tinubu has extended his warmest birthday greetings to Tony Onyemaechi Elumelu, the renowned economist, banker, and philanthropist, ahead of his birthday...

Nigeria’s Headline Inflation Eases Slightly to 15.06% in February 2026 – NBS

Nigeria’s annual inflation rate moderated slightly in February 2026, dipping to 15.06% from the 15.1% recorded in January. According to the National Bureau...

CBN Revises BVN Framework, Introduces New Compliance Measures

The Central Bank of Nigeria (CBN) has introduced new provisions to the revised regulatory framework governing the Bank Verification Number (BVN) operations and...