Sterling Bank is commemorating the one-year milestone of its Zero Transfer Fees initiative, through which customers have collectively saved more than N1.6 billion since its rollout. The policy, launched on April 1, 2025, scrapped transfer charges on the bank’s digital platform, OneBank, positioning Sterling as the first major Nigerian bank […]
BUSINESS
Lafarge Africa Plc, a company specializing in building solutions, has announced the graduation of 100 women from its BuildHer by Lafarge 2025 training program for female tilers and block layers across Nigeria. The initiative forms part of its wider corporate social responsibility efforts to empower women from underserved communities with […]
Moniepoint Inc. , Africa’s leading all-in-one financial ecosystem for individuals, businesses, and their customers, has announced the acquisition of Orda Africa (“Orda”), a fast-growing cloud-based restaurant management platform operating in Nigeria. Following the acquisition, Orda will be fully integrated into Moniebook, Moniepoint’s comprehensive Point-of-Sale (POS) and business management platform. Since […]
Big news — our investment management rating just got an upgrade to ‘AA’ from ‘AA-’ by DataPro and affirmation of A+(IM) by Agusto & Co. This reflects how we are continuously improving to serve our investors better. Our funds levelled up too as Agusto & Co upgraded our First Asset Money […]
The Central Bank of Nigeria (CBN) has affirmed the capitalization of Alpha Morgan Bank, marking an important milestone in the Bank’s growth journey and reinforcing its commitment to building a strong, resilient, and future-ready financial institution. This affirmation reflects the Bank’s adherence to regulatory requirements and its strategic focus on […]
The international e-commerce platform; Temu, said it is dedicated to protecting users’ personal information and will cooperate with authorities to resolve issues regarding its data handling methods in response to an ongoing investigation by Nigeria’s Data Protection agency. This comes after the Nigeria Data Protection Commission (NDPC) announced that it […]
With a deal reached yesterday to purchase IHS Towers, the largest independent towers, operators, and developers of shared communication infrastructure worldwide, at an enterprise value of roughly $6.2 billion, MTN Group has regained its old telecom towers that it first sold to IHS Towers in a dramatic business turnabout. The […]
While the National Agency for Food and Drug Administration and Control renewed its ban on sachets and tiny PET-bottled alcoholic beverages, the Manufacturers Association of Nigeria has called for the Federal Government to step in. MAN cautioned that the numerous, contradictory orders from NAFDAC’s campaign are upsetting companies and causing […]
The World Bank upgraded its prediction for Nigeria’s economic growth to 4.4% for 2026 and 2027, saying on Tuesday, that the country’s economy is expected to develop at its quickest rate in over ten years. This was revealed in the World Bank’s most recent Global Economic Prospects report. The most […]
Following the resignation of the former CEO, John Ugbe, MultiChoice Nigeria has announced in a statement that Kemi Omotosho would take over as CEO. After over 15 years, Ugbe, who led the company through major changes in Nigeria’s media and entertainment sector, managing a swift digital change, shifting consumer behavior, […]