The Federal Government has directed an immediate vulnerability assessment of all correctional facilities. This directive comes in anticipation of the upcoming Sallah festivities and the risks posed by intensified rainfall. The Controller General of Corrections, Sylvester Ndidi Nwakuche, made the announcement during an emergency virtual meeting convened with Zonal Coordinators, […]
Day: June 3, 2025
Tony Elumelu, Chairman of United Bank for Africa Plc (UBA), has expanded his stake in the bank with the acquisition of over 1.26 billion shares valued at ₦43.9 billion. The transaction, disclosed in a regulatory filing with the Nigerian Exchange and signed by UBA’s Group Company Secretary and Legal Counsel, […]
MTN Nigeria has officially kicked off the 2025 edition of its flagship employee volunteerism initiative, 21 Days of Y’ello Care, with a renewed focus on digital inclusion and grassroots empowerment. Now in its 18th year, this year’s campaign is themed “Connecting at the Roots – Connecting Communities through Digital Tools,” […]
Nigerian fintech powerhouse Moniepoint Inc. has taken a significant step toward expanding into East Africa, following the green light from the Competition Authority of Kenya (CAK) to acquire a 78% stake in Sumac Microfinance Bank Limited. The acquisition, however, still awaits final approval from the Central Bank of Kenya (CBK), […]