Otedola Acquires N14.8bn First HoldCo Shares, Stake Hits 18%
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
Billionaire Femi Otedola consolidates control of First HoldCo, buying N14.8bn shares to raise his ownership stake above 18%. Discover the details of this strategic move.
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.
Ieuan Crump, 26, sentenced to nine years for s3xually ass@ulting two vulnerable patients during fake medical examinations at Grange Hospital. Read the shocking details.
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.
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
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.
A Nigerian bank employee's Christmas bonus haul, described as 'package choke,' has sparked reactions online. See the full unboxing and what it says about corporate gifting.
A Nigerian lady's TikTok video revealing the Christmas bonus items from her company has ignited a social media conversation. See what the staff received and the public's reaction.
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 35-year-old construction worker, Joshua, is in police custody after allegedly stabbing his supervisor into a coma over a N10,000 payment dispute in Aluu, Rivers State. The victim is hospitalized.
A 35-year-old construction worker, Joshua, is in police custody after allegedly stabbing his supervisor into a coma over a N10,000 payment dispute in Ikwerre LGA. The victim is hospitalized, calling for justice.
Oluwaseun Adekoya, a Nigerian resident in New Jersey, has been sentenced to 20 years in a US federal prison for masterminding a sophisticated $2 million identity theft and bank fraud operation. Read the full details of the multi-state scheme.
An 88-year-old US Army veteran forced to work at a grocery store after his pension vanished receives a life-changing $1.77 million from generous internet donors. Read the heartwarming story.
A Nigerian woman, Akinwade Maj Royal, mistakenly transferred N26,000 to a stranger's Opay account. After a desperate plea, the receiver, Bãbã ÆLī Mãllõwãñ, surprisingly refunded the money. Read the full story of this heartwarming act of honesty.
The Nigerian Exchange closed the first week of December positively, with investor wealth rising by nearly N1 trillion. The All-Share Index gained 1.08% as market sentiment remained strong. Discover the top gainers and most traded stocks.
A pregnant woman, Aisha Najamu, d!ed at Turai Umaru Yar'adua Hospital in Katsina after a health worker allegedly refused a bank transfer for oxygen. The hospital cites a cash-only policy. Read the full investigation.
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.
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
Sterling Bank and Pan-Atlantic University's EDC have signed an MoU to certify graduates of the Non-Oil Export Academy, aiming to build a globally competitive export community and diversify Nigeria's economy. Read how this initiative will empower Nigerian
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.
Oluwaseun Adekoya, a Nigerian national, has been sentenced to 20 years for orchestrating a massive bank fraud and money laundering conspiracy across the United States. Read the full details of the sophisticated scheme.
NCDMB and Bank of Industry launch a $100m equity fund to boost local oil & gas firms. Nigerian content performance rises to 61%. New rules make certificates non-transferable from 2026.
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.
The Federal Government clarifies that Tax Identification Numbers are only required for personal bank accounts used for business transactions. Learn the new rules before the January 2026 deadline.
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
UBA MD Oliver Alawuba cautions Nigerians to treat loans responsibly as bank lending hits N46.7 trillion. CIBN also addresses 'Japa' impact with new fund. Read more.
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.
Access Bank, First Bank, and UBA lead with over 10 million downloads each. Discover the full ranking of Nigeria's most downloaded banking apps and their ratings. #DigitalBanking #Fintech
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.