Chappal Energies, through its subsidiary, Chappal Investments Limited, has completed major financing transactions valued at a total of $430m, marking an important step in the company’s financial and strategic expansion …
Finance
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BankingBusinessEconomyEnergyFinanceNigeriaOil & Gas
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The Chief Executive Officer of First Bank of Nigeria Limited, Mr Olusegun Alebiosu, has said the bank’s Digital Xperience Centre initiative is part of a broader effort to redefine how …
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BankingCorporate NewsFinanceFinance & ServicesRegulationTechnology
NDIC, NIBSS Move to Strengthen Faster Depositor Reimbursement Through New Digital Partnership
The Nigeria Deposit Insurance Corporation and the Nigeria Inter-Bank Settlement System Plc are set to formalise a stronger collaboration through the signing of a Memorandum of Understanding aimed at improving …
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BankingBusinessCorporate GovernanceEconomyFinanceHealthWomen Empowerment
Women Bankers Demand 40% Board Representation to Drive Growth in Nigeria’s Financial Sector
The Association of Professional Women Bankers (APWB) has stepped up its advocacy for a more inclusive leadership structure in the Nigerian banking industry, calling for a significant increase in female …
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BankingBusinessConsumer ProtectionEconomyFinanceRegulation
NDIC assures ASO, Union homes depositors of N2m payouts
The financial landscape in Nigeria’s mortgage subsector witnessed a major shake-up on Tuesday as the Nigeria Deposit Insurance Corporation (NDIC) officially moved in to liquidate two prominent institutions: Aso Savings …
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BusinessFinanceGender EqualityHealthcareHospitalityHospitality, Travel & Tourism
Dr. Awele Elumelu Takes Over as Chair of Transcorp Hotels Plc in Major Boardroom Shake-up
The hospitality industry in Nigeria is set for a significant leadership transition as Transcorp Hotels Plc, the hospitality arm of the Transnational Corporation (Transcorp Group) Plc, has announced the appointment …
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BusinessEnergyEnvironmentFinanceLagos NewsTransportationYouth Empowerment
Drivers benefit from UBA’s $100m Lagos vehicle scheme
In a massive boost to the transportation sector and youth empowerment in Lagos State, the United Bank for Africa (UBA) Plc has entered into a landmark $100 million partnership with …
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BusinessFinanceIndustrialisationNigeriaOil & Gas
132 Nigerian firms secured N51.7bn, $359m in local content funds – NCDMB
A total of 132 Nigerian companies have accessed N51.785 billion and $359.653 million from local content intervention funds aimed at promoting indigenous participation in the country’s oil and gas industry, …
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BankingDigital PaymentsFinanceFinancial InclusionFintechGhana EconomyTechnology
MoMo Honours 22 Top Fintech Partners at 2025 Stakeholders’ Dinner & Awards in Accra
MobileMoney Limited (MoMo Ltd) has celebrated 22 high-performing partners across Ghana’s fintech ecosystem at its 2025 FinTech Stakeholders’ Dinner & Awards held in Accra. The event brought together key players, …
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AgricultureDevelopmentEconomyFinanceNewsNigeriaSmall BusinessSocial Protection
World Bank $500m Boost to Strengthen NG-CARES Support for Poor Households, Farmers and Small Businesses
The National Coordinator of the Nigeria Community Action for Resilience and Economic Stimulus, NG-CARES, Dr Abdulkarim Obaje, has said that the additional financing of 500 million dollars approved by the …