Wema Bank announces a massive N120 million prize pool for the Hackaholics 6.0 grand finale. Discover the 35 finalist teams from across Nigeria competing for top spots in Ideathon and Hackathon categories.
Wema Bank has set a N120 million prize pool for the Hackaholics 6.0 finale, with 35 teams advancing from regional pitches. Discover the winners and their innovative projects.
The Naira staged a remarkable recovery in 2025, closing stronger than 2024. Discover the 4 key CBN FX policies that drove stability and what experts predict for 2026.
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.
SMEDAN applies to CBN to launch a microfinance bank for direct SME funding. Agency also targets formalising one million businesses and unveiling a new MSME policy in 2026.
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.
The Nigeria Customs Service announces a 3% penalty for banks delaying stamp duty remittances. Defaulters risk public exposure and deactivation from the B'odogwu platform. Read the full details.
World Bank commends Tinubu's NG-CARES programme for economic resilience. NSA warns governors on festive season security. NGF commits to health, safety goals. Read more.
The World Bank has approved additional financing for Nigeria's SPESSE project, citing its 'satisfactory' performance in bridging critical skills gaps in procurement and environmental standards. Over 85,000 Nigerians have been trained.
Dr. Olufemi Bakre, MD/CEO of Parallex Bank, outlines the bank's pivotal role in shaping Africa's digital banking future. Discover his leadership philosophy and the bank's growth trajectory.
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
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.
Jaiz Bank achieves a historic milestone by becoming the first African financial institution onboarded as a primary dealer by the International Islamic Liquidity Management Corporation (IILM).
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 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 Premium Trust Bank Abuja City International Half Marathon earns a prestigious Bronze Label from World Athletics. Discover the juicy prize money for elite and Nigerian athletes ahead of Saturday's race.
President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.
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.
Nneka Onyeali-Ikpe of Fidelity Bank urges the FG to create a special funding window from the CRR to tackle the $25bn aviation finance crisis. Discover the plan to save Nigeria's airlines.
Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.
NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.
Nigeria and the World Bank pledge to deepen social safety nets and economic opportunities for the vulnerable. New NG-CARES phase to launch in January 2026. Read more.
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.
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.