Prada Finalises €1.25 Billion Takeover of Versace
Italian fashion giant Prada has finalised its acquisition of rival Versace for €1.25 billion. Lorenzo Bertelli is named Executive Chairman. Discover the impact on global luxury.
Category : Search result: Zenith Bank acquisition
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
How to Block Your Access Bank Account & ATM Card Now
Lost your Access Bank card? Act fast! This guide details immediate steps to block your account via USSD *901*911#, mobile app, WhatsApp banking, and more to prevent fraud.
Egbe-Idimu Council Boss Empowers Skills Graduates
Egbe-Idimu LCDA Chairman Idris Balogun empowers 500 skills acquisition graduates with tools and N100,000 cash each, marking 100 days of 'Renewed Hope Agenda'.
CBN sells $36.60m to banks amid naira depreciation
Central Bank of Nigeria intervenes in forex market with $36.60 million sale to authorized dealers including Access, UBA, Zenith banks to stabilize naira. Experts analyze impact on currency stability.
First HoldCo Sells FBNQuest to EverQuest in Banking Deal
First Bank's parent company completes sale of FBNQuest Merchant Bank to EverQuest Acquisition LLP, marking significant restructuring in Nigeria's banking sector. Learn the details.
Major Banks Back MMC 7.0 for Africa's Industrial Growth
Leading commercial banks unite behind MMC 7.0 to mobilize capital for African entrepreneurs. Join the event on Dec 4-5 in Lagos to unlock funding opportunities.
Zenith Bank Awards N140m to African Tech Innovators
Zenith Bank empowers African innovators with N140 million funding at 2025 Tech Fair. Ten startups including Trust Loop and Cubbes Technologies receive grants and mentorship to scale their solutions.
Zenith Bank Future Forward 5.0 Tech Summit Highlights
Zenith Bank demonstrates strong commitment to Nigeria's tech ecosystem through Future Forward 5.0 summit featuring hackathons, startup pitches and innovation showcases in Lagos.
Paystack Fires Co-founder Over Sexual Misconduct
Paystack terminates Co-founder Ezra Olubi amid sexual misconduct allegations. The Nigerian tech giant escalates a controversy shaking Africa's startup ecosystem. Read the full story.
Paystack terminates CTO Ezra Olubi amid misconduct probe
Paystack has terminated co-founder Ezra Olubi's employment following sexual misconduct allegations. Olubi claims termination occurred before investigation concluded. Read full details.
Ex-Senator Sues NDIC Over N4.76bn Property Documents
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
Nile University Fights Unemployment with Innovation
Nile University commits to fighting unemployment through hands-on entrepreneurship programmes and a new French-donated fabrication lab. Discover how they are shaping future leaders.
Fake Microfinance Bank Exposed by CBN in Nigeria
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Lufthansa Bids for TAP Stake, Rivaling Air France-KLM
Germany's Lufthansa has officially entered the race to acquire a stake in TAP Air Portugal, competing with Air France-KLM. Discover how this move impacts European aviation and TAP's strategic routes to Brazil and Africa.
Quick Wema Bank Account Opening: ALAT, USSD, Branch
Learn how to open a Wema Bank account quickly using ALAT app, USSD code *945*1#, or visiting a branch. Essential requirements: valid ID, BVN, passport photo.
Court awards N20.7bn against petroleum marketer
A Federal High Court in Lagos has ordered Kehinde Elliot Ogbor and Danium Energy to pay Union Bank N20.7 billion. The bank can now seize and sell properties to recover the debt. Read the full details.
Delta Govt Seeks ₦1b BOI Loan for Industrialisation
Delta State government plans a ₦1 billion BOI loan to accelerate industrial growth and digital innovation. Learn how this partnership with MAN will reshape manufacturing.
Nigeria aims to cut $18M lapsed loans by 61%
Federal Government plans to reduce outstanding lapsed loans from $18 million to $7 million through new financial reforms and blockchain technology for World Bank projects.
Eurogroup Chief Quits for World Bank Senior Position
Pascal Donohoe resigns as Eurogroup head to become World Bank managing director, dealing a blow to Ireland's governing coalition ahead of crucial by-elections.
Sterling Bank Partners with CCC for Cricket Development
Sterling Bank and Club Cricket Committee announce one-year partnership to elevate cricket in Nigeria through grassroots development, tournaments, and ecosystem strengthening. Join the movement!
Zenith Bank to Acquire Paramount Bank in Kenya
Zenith Bank Plc is set to enter the Kenyan market by acquiring Paramount Bank, marking a strategic step in its pan-African expansion. The deal awaits regulatory approval from Nigerian and Kenyan authorities.
Lagos APC Hails NELFUND's Vocational Training Loans
Lagos APC commends NELFUND for expanding student loans to vocational training, calling it a national game-changer for youth skills development and economic empowerment in Nigeria.
Kano revives 3 institutes, admits 1,000 beneficiaries
Kano State Government has revived three entrepreneurship institutes abandoned for eight years, admitting 1,000 new beneficiaries in poultry, journalism, and fisheries training programs.
Moghalu: Emefiele was political poodle, not banker
Ex-CBN deputy governor Kingsley Moghalu describes Godwin Emefiele's tenure as disastrously incompetent. Read the explosive analysis of Nigeria's economic challenges.
Insurer Backs Climate Action with 200-Tree Planting
Prudential Zenith Life Insurance partners with Clean-Up Badagry Initiative to plant 200 trees in Ibeju-Lekki, boosting climate resilience and community well-being. Join the green movement!
CBN Sells $50m to Banks as Naira Falls Amid Dollar Demand
Central Bank intervenes with $50 million FX sale to Access, Zenith, UBA amid naira volatility. Naira falls to N1,472/$ in parallel market despite reserves growth. Read latest analysis.
Nigerian banks post N14.7tn interest income
Nine major Nigerian banks reported a combined N14.72 trillion in interest income for the first nine months of 2025, a 27.68% increase driven by high interest rates. Discover which banks led the growth.
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