The Federal Government partners with RSE Energy to deploy off-grid power for industrial clusters, starting with Idu. This aims to cut costs, boost productivity, and enhance Nigeria's industrial competitiveness. Read more.
Minister of Power Adebayo Adelabu announces gas pipeline repairs will restore electricity nationwide within 48 hours. Read the full details on the grid collapse and regional impacts.
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
Jubaili Bros, a key player in Nigeria's power sector, is driving the transition to sustainable energy with solar-hybrid systems and strategic partnerships. Discover how they are redefining reliable power.
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
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 MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
House of Representatives committee demands explanation from Azura-Edo IPP for failing to disclose over N18bn received from NBET in 2023. Full investigation into power sector spending continues.
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.
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.
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.
House of Representatives committee summons BPP, Budget Office, AGF for evading oversight on power sector reforms investigation. Agencies given December 8 deadline to appear.
Former Senator Farouk Bunza demands NDIC release title documents for N4.76bn Banana Island property after full payment. Legal action threatened over contract breach.
Industry leaders warn Nigeria's power infrastructure needs immediate upgrade as states decentralize electricity market. Regulatory harmony and investment crucial for energy stability.
The House of Representatives vows to fix Nigeria's electricity crisis, launching a major investigation into 17 years of sector failures and proposing a new bill to combat energy theft.
Nigeria plans to generate N1.49 trillion annually by exporting 600MW of electricity to 15 West African countries following successful grid synchronization tests. Full details on this energy breakthrough.
CBN warns Nigerians against Zuldal Microfinance Bank operating illegally in Lagos, Abuja, Kaduna, and Kano. Verify licensed MFBs before transactions.
Nigerian House of Representatives launches a full-scale investigation into all power sector investments and reforms from 2007 to 2024, vowing to correct 17 years of failure.
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.
JMG Limited commissions solar power system at Ketu Primary Healthcare Centre, ensuring uninterrupted electricity for life-saving medical procedures in Lagos.
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.
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.