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Bank officials are pushing back hard against viral claims of an industry collapse. The Association of Corporate Communication & Marketing Professionals in Banks, or ACAMB, called a recent video alleging that twelve banks would be shut down by next year completely false and reckless. They stated...

The president has proposed a massive budget for next year, but analysts are sounding alarms about its workability. Experts like Dr. Muda Yusuf of CPPE and others argue the government must boost revenue, slash borrowing, and improve project assessment to make it realistic. The budget projects...

Tech startups across key African markets have pulled in close to twenty billion dollars over the last seven years. Nigeria's scene is particularly active, with major fintech names like Flutterwave, Opay, and Moniepoint leading huge funding rounds. Other sectors like mobility with Moove and...

Nigerian Breweries is partnering with FATE Foundation to back a student entrepreneurship program. The company's Corporate Affairs Director, Uzodinma Odenigbo, said they will support an additional one thousand students through the Orange Corners Student Ambassadors Programme, a Dutch initiative...

Integrated Indigo Limited cleaned up at this year's Lagos public relations awards. The agency grabbed five trophies, taking the top prize for Model Agency of the Year along with wins for crisis management, sustainability communications, and other categories. The company's Managing Director...

Heirs Energy just locked down a seven hundred and fifty million dollar financing deal with Afreximbank. The company's chairman, Tony Elumelu, and its CFO, Samuel Nwanze, outlined plans to boost production from their current operations toward a target of one hundred thousand barrels of oil daily...

Airtel Africa is teaming up with SpaceX to bring Starlink's satellite cell service to its customers. The company's CEO, Sunil Taldar, stated that this Direct-to-Cell tech will fill gaps in their terrestrial network across all fourteen markets they serve, aiming to improve connectivity in...

A new USDA report suggests Nigeria will likely bring in more wheat early next year. This projection hinges on a steadier naira and a big global wheat supply. Analysts say this currency stability could finally let lower global prices reach Nigerian consumers, affecting staple costs for items like...

The head of Elizade JAC Autoland, Mr. Demola Ade-Ojo, says the company wants to shake up Nigeria's car market. He stated their goal for 2026 is to make new vehicles affordable for ordinary people, moving them away from used imports known as tokunbo. He made these comments during a facility tour...

The Fertilizer Producers and Suppliers Association of Nigeria says it's working with the Ministry of Finance to tackle high fertilizer costs. FEPSAN's Executive Secretary, Mr. Gideon Negedu, explained that the main problems are expensive imported components, global supply issues, and unstable...

Global Appliances Nigeria Limited just dropped a new portable power station under its Binatone brand. The company's Managing Director, Mr. Prasun Banerjee, introduced the product in Lagos. He described it as a plug-and-play unit with solar charging, built for backup power at home, for small...

The head of SMEFUNDS, Dr. Femi Oye, says the ag sector needs a hard turn toward making more biofuels. He argues for boosting ethanol production year-round to help farmers and stabilize local economies. This shift would open bigger markets for crops while keeping energy spending in rural areas...

Nova Bank Limited is setting up a major hub in Owerri, Imo State. Governor Hope Uzodinma pledged to provide land for the bank's permanent regional headquarters for the South-East and South-South. He made the announcement during the opening of Nova Bank's flagship office there, calling the bank a...

The company Multi-Trex Integrated Food Plc is branching out from just cocoa. Managing Director Mr. Yusuf Isiaka laid out new plans at their annual meeting in Warewa, Ogun State. They aim to start making bottled water, liquid chocolate drinks, and other agro-commodities. Production is scheduled...

Regent Microfinance Bank has loaned out more than ten billion naira to small businesses nationwide. The bank's Managing Director, Dr. Idris Olugbesan, along with marketing officers Chibuzor Uba and Elijah Oladosu, marked this milestone. They framed it as a key step in bridging Nigeria's credit...

The Securities and Exchange Commission is making everyone renew their licenses in January 2026. SEC Director General Dr. Emomotimi Agama laid out this new rule alongside a wider push for digital processes. The goal is to update their systems and build more trust in Nigeria's markets. A major...

Wema Bank and its digital platform ALAT just named the winners for their Hackaholics 6.0 competition in Lagos. The top prize for the Ideathon, worth twenty-five million naira, went to a project called Chao, which is a tool for food vendors. The Hackathon first-place winner is VOC AI, a software...

The Central Securities Clearing System, or CSCS, is getting a new boss. Mr. Shehu Shantali is taking over as CEO starting in early 2026. He replaces Mr. Haruna Jalo-Waziri, who is leaving after eight years in charge. The company's chairman, Mr. Temi Popoola, said the board picked Shantali for...

The head of the Chartered Institute of Stockbrokers, Oluropo Dada, told students at Yaba College of Technology in Lagos that they need to get ready for a changing finance world. He spoke at a career event with the school, pushing for professional certs and pointing to new chances in digital...

Haldane McCall Plc just bagged a major ISO certification from Nigeria's standards body. The company, led by Group Managing Director Edward Akinlade, got the official nod for its real estate and hospitality operations. This lets them use the certification logo on all their stuff. This basically...