Alpha Morgan Bank has achieved a remarkable milestone in Nigeria’s banking industry, reporting a Profit Before Tax (PBT) of ₦1.9 billion within its first 10 months of operation. The outstanding performance positions the Bank among the most successful new-generation financial institutions in the country and underscores the strength of its […]
BUSINESS
By Uwadiae Osadiaye, Head of Alternative Investments, FirstCap Limited In a move that has sent ripples through global energy markets, the United Arab Emirates (UAE) announced on April 28, 2026, that it will formally withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and the broader OPEC+ alliance effective […]
FirstCap Limited, a leading investment banking firm and subsidiary of FirstHoldCo Plc., has successfully closed the ₦4.46 billion Series 1 Bond Issuance by LAPO MFB SPV Plc, reinforcing its strong leadership in Nigeria’s debt capital markets and deepening access to long‑term funding for high‑impact sectors. Acting as Lead Issuing House, […]
Zenith Bank Plc has announced its unaudited results for the first quarter ended 31st March 2026, with a 6% growth in Gross Earnings, from N950 billion reported in Q1 2025 to N1.01 trillion in Q1 2026. This is despite the challenging operating environment and tightening monetary policy stance. From the unaudited statement of […]
Quest Merchant Bank Limited has announced the appointment of Mr. Andrew Olufunmilayo Lewis (Ayo Lewis) as Executive Director, Risk Management and Executive Compliance Officer (ECO), following regulatory approval by the Central Bank of Nigeria. This strategic appointment underscores the Bank’s unwavering commitment to strengthening corporate governance, enhancing risk discipline, and […]
Welcome to the April edition of 15-Minute Scoop, where we spotlight moments that define impact, innovation, and intentional engagement across the Y’elloverse. This year has been clearly defined as the year of the youth not as a passing theme, but as a deliberate commitment. That commitment came alive at The […]
The company disclosed that its capital expenditure surged by 92.89 per cent, rising sharply from ₦202.4 billion recorded in Q1 2025 to ₦390.3 billion in Q1 2026. This substantial increase underscores its strategic commitment to strengthening network infrastructure and enhancing customer experience across its operations. According to the company, the […]
The Group of 24 (G-24) has sounded a stark warning over rising political turmoil and conflicts worldwide, highlighting the intensifying Middle East war as a major threat to global economic stability. The Group of 24 noted during the World Bank/IMF Spring Meetings in Washington, D.C., that the ongoing Middle East […]
Providus Bank has unveiled the Training to Transaction (T2T) Programme, a forward-thinking initiative set to move African SMEs from export ambition to real global trade activity. It was launched in collaboration with international partners focusing on a persistent challenge: the gap between training and actual business execution. Rather than […]
The West Africa Telecommunications Regulators Assembly (WATRA) has reaffirmed its commitment to fostering a secure, inclusive, and resilient digital ecosystem across the region following the successful conclusion of its 4th Working Groups Meeting in Ouagadougou, Burkina Faso. Hosted by Autorité de Régulation des Communications Électroniques et des Postes du Burkina […]