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| Oct 6, 2025 | UBA promised blind customers braille account opening forms; many are yet to feel them | In June 2023, United Bank for Africa (UBA) made headlines as the first Nigerian bank to introduce a braille account opening form. The initiative was welcomed as a milestone in financial inclusion, with multi-award-winning musician Cobhams A... |
| Sep 30, 2025 | Nigeria: Market Cap Hits N90trn On Demand for MTN, Bua Cement, Others | The market capitalisation of all listed companies on the Nigerian Exchange Limited (NGX) crossed the N90 trillion yesterday amid investors' demand for MTN Nigeria Communication Plc, BUA Cement Plc and 23 others.
As the stock price of MTN Ni... |
| Sep 15, 2025 | Ijeawele Group Launches Mobile Hire Purchase App, Redefining Ownership and Financial Access | With real-time tracking, flexible plans, and steady returns, the new platform modernizes a 60-year-old system while opening doors for investors and businesses.
Lagos, Nigeria
The Ijeawele Group has officially unveiled the Ijeawele Invest Mo... |
| Jun 23, 2025 | Women Drive the Future of Car Buying: The VinFast VF 6 Revolution | In the bustling world of car buying, a shift is underway. Women are no longer just passengers in the decision-making process; they are the drivers. The VinFast VF 6, a compact electric SUV, is designed with this new reality in mind. Launche... |
| Jun 20, 2025 | Mastercard backs Africa’s $1.5 trillion digital future | New report highlights Africa’s strong digital payments outlook; Mastercard deepens commitment to fintech, MSME enablement and cross-border solutions
Africa stands at the threshold of a digital economic revolution. A new Mastercard-commissio... |
| May 24, 2025 | Fidelity Bank's Trillion-Naira Fall: A Wake-Up Call for Investors | Fidelity Bank Plc, a prominent player in Nigeria's banking sector, recently experienced a significant market cap drop, losing its coveted trillion-naira status. This decline serves as a stark reminder of how swiftly legal and regulatory dev... |
| May 20, 2025 | Fidelity Bank loses trillion-naira market cap after Supreme Court fine ruling | Fidelity Bank Plc, a tier-2 Nigerian commercial bank, has dropped out of the elite ₦1 trillion market capitalisation club, following a sharp decline in its share price triggered by a Supreme Court ruling.
As of market close on Tuesday, May ... |
| May 14, 2025 | Fidelity Bank reclaims trillion-naira market cap as stock rises to ₦21 | On Friday, April 4, 2025, Fidelity Bank Plc—a tier-2 Nigerian commercial bank—crossed the ₦1 trillion market capitalisation mark, joining the ranks of tier-1 banks such as Zenith Bank, Guaranty Trust Holding Company (GTCO), Access Holdings,... |
| Apr 28, 2025 | MTN Nigeria’s stock activity surges amid profit recovery hopes | Investor interest in MTN Nigeria’s shares surged in April 2025, fuelled by growing optimism that the country’s largest telecom operator will return to profitability in Q1 2025. The renewed confidence follows recent 50% price hikes, which an... |
| Mar 27, 2025 | Nigeria: Stock Market Return South On Profit-Taking in MTN Nigeria, Others | Bearish sentiments resurfaced in the stock market segment yesterday, halting a three-day winning streak, as investors profit-taking in MTN Nigeria Communication Plc, 16 others dragged the Nigerian Exchange Limited All-Share Index (NGX ASI) ... |
| Jan 14, 2025 | Sterling Bank raises staff salaries by 7%, but staff expectations fall short | Sterling Bank, a tier-2 Nigerian commercial bank with a market capitalization of ₦174.76 billion, has raised salaries for its over 3,000 employees to help them cope with rising living costs and inflation, sources familiar with the matter co... |
| Jan 10, 2025 | Legal Storms and Economic Currents: Navigating Nigeria's Financial Landscape | In the heart of Nigeria's financial landscape, two significant events are stirring the waters: a court's freezing of assets linked to General Hydrocarbons and a forecasted decline in inflation. These developments reflect the complex interpl... |
| Jan 9, 2025 | Court Freezes $225 million in assets linked to General Hydrocarbons and Nduka Obaigbena | A Federal High Court has issued a series of orders, including Mareva injunctions, to freeze assets and accounts linked to General Hydrocarbons Limited, its affiliates, and prominent individuals, including media mogul Nduka Obaigbena.
The co... |
| Jan 3, 2025 | Court freezes 21 bank accounts linked to money laundering, orders arrest of holders | A Federal High Court in Abuja has ordered the temporary freezing of 21 bank accounts linked to money laundering and other unlawful activities, directing the arrest of their account holders.
Justice Emeka Nwite issued the ruling on Friday fo... |
| Oct 6, 2024 | Fidelity announces N200.8 billion pre-tax profit for period ending June 30, 2024, to pay N0.85 dividend | Fidelity Bank PLC has announced a pre-tax profit of N200.8 billion in its recently published financial statements for the period ending June 30, 2024.
This represents a significant 163% year-over-year (YoY) increase from the same period in ... |
| Oct 5, 2024 | Empowering Nigeria's MSMEs: A Dual Approach to Economic Growth | In the heart of Nigeria, a revolution is brewing. Micro, Small, and Medium Enterprises (MSMEs) are the lifeblood of the economy. They pulse with potential, driving innovation and job creation. Recent events highlight a dual approach to nurt... |
| Oct 3, 2024 | Mastercard, Access Bank, among Top Winners at Nairametrics MSME Awards 2024 | Mastercard, Access Bank, and other key players in Nigeria’s financial and technology sectors emerged as big winners at the Nairametrics MSME Finance Awards 2024, an event that celebrated outstanding contributions to the growth and developme... |
| Sep 19, 2024 | Nigeria: CBN to Now Charge Cybercrime Levy At 0.005 Percent in New Guidelines | Reconstitutes Keystone Bank's board
The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cybercrime levy at 0.005% on all electronic transactions under its new guidelines for the 2024-2025 fiscal... |
| Aug 28, 2024 | The Ripple Effect of Nigeria's Financial Landscape: Opportunities and Human Rights Concerns | Nigeria's financial landscape is a complex tapestry woven with ambition, competition, and human rights dilemmas. The recent surge in bank recapitalization efforts and the troubling case of a detained Binance executive highlight the dual nat... |
| Aug 26, 2024 | Investment bankers, lawyers could make $82million from bank recapitalisation as competition pressures fees | Intense competition amongst investment bankers, lawyers and accountants is driving fees down fees for the bank recapitalisation efforts, and banks are the biggest beneficiaries.
It was always going to happen. When Nigeria’s Central Bank ann... |
| Aug 21, 2024 | Nigerian Banks Navigate Recapitalization: Strategies and Innovations | Nigerian banks are in a race against time. They face a monumental task: raising N1.29 trillion in just three months. This is not just a number; it’s a lifeline. The Central Bank of Nigeria (CBN) has set strict capital adequacy requirements.... |
| Aug 21, 2024 | Nigerian banks are using these strategies to meet their bank recapitalization targets | Several Nigerian banks are deploying a combination of traditional, innovative and unconventional strategies to meet that bank recapitalization targets.
This is according to information from staff and top executives of some of the commercial... |
| Jun 19, 2024 | First Bank confirms appointment of Olusegun Alebiosu as Managing Director, Ini Ebong as DMD | First Bank of Nigeria Limited has appointed Olusegun Alebiosu as its substantive Managing Director/Chief Executive Officer.
He has been serving as the Acting Managing Director of the bank since April 2024, when the former MD, Adesola Adedun... |
| Jun 14, 2024 | Big 4 maintain market dominance as audit firms earn N17.34 billion fees in 2023 | Story highlights
The 50 most capitalized companies in the Nigerian equities market paid a sum of N17.24 billion as audit fees in 2023, a remarkable 46.7% increase from N11.82 billion in 2022.
The Big Four audit companies, maintained industr... |
| Jun 11, 2024 | Fidelity Bank leads trading as equities gain N324 billion | Fidelity Bank Plc was the most active stock on Monday, 10 June 2024 at the Nigerian stock market as a strong positive sentiment led Nigerian equities to a net capital gain of N324 billion in the first trading session of the week.
The market... |
| Jun 10, 2024 | Ecobank shuns capital markets to raise $600m through debt instruments | Ecobank Transnational Incorporated, a pan-African financial institution with a national banking licence in Nigeria, will sidestep the Nigerian Exchange and other capital markets in its plan to raise $600 million to meet Nigeria’s recapitali... |
| Apr 23, 2024 | Nigeria: FG Orders Sale of Discos Managed By Banks, Amcon Within 3 Months | The federal government has ordered the resale of electricity Distribution Companies (DisCos) now under the management of banks and the Asset Management Company (AMCON) within three months to reputable power operators.
LeadershipP reports th... |
| Mar 13, 2024 | Online scam: “No Go Fall Maga, Confam Am Again” Bankers Committee Takes a Stand | If anyone is taking the statement “evolve or die” seriously, it is scammers. Every day, they are upgrading their tactics and approaches in an effort to fleece you of your hard-earned Naira. Show them that no matter how fast they are learnin... |
| Mar 8, 2024 | How Huawei became Nigeria’s biggest telecoms vendor and enterprise business | When Huawei launched in Nigeria in 1999, two years before its telecommunications revolution, very few people could have predicted it would become the country’s biggest telecoms vendor and build one of the country’s biggest enterprise busine... |
| Feb 24, 2022 | Zenith, Access, others publish names, BVNs and account numbers of forex defaulters | --> -->
Some Nigerian banks have published the names, Bank Verification Numbers (BVN) and account numbers of customers who have accessed foreign exchange under false pretence and failed to return it.
This development is coming after t... |
| Feb 16, 2022 | Fidelity Bank set to light up Lagos this weekend with The Euphoria | --> -->
Lagos is set to host its first major concert of the year this weekend as leading financial institution, Fidelity Bank Plc, hosts The Euphoria concert featuring leading music acts, Johnny Drille, Chike and Fave.
To be part of T... |
| Jun 18, 2021 | Circle of Corporate Innovators launches to create startup-corporate partnerships | Nairobi-based tech accelerator the Catalyst Fund, managed by BFA Global, announced the launch of its Circle of Corporate Innovators on 15 June 2021.
The Circle of Corporate Innovators is a global network of organisations, including major ba... |
| Jun 18, 2021 | Circle of Corporate Innovators launches to create startup-corporate partnerships | Nairobi-based tech accelerator the Catalyst Fund, managed by BFA Global, announced the launch of its Circle of Corporate Innovators on 15 June 2021.
The Circle of Corporate Innovators is a global network of organisations, including major b... |
| Apr 1, 2021 | FIDELITY BANK PLC
Fidelity Bank : Posts N28.1bn Profit in 2020, Announces Dividend | Fidelity Bank says in its 2020 financial report that it will pay 22 kobo dividend per share.
Fidelity Bank Plc on Wednesday said it made N28.1billion profit in 2020 in what it described as testimony of its resilience and stability.
In the r... |
| Jan 26, 2017 | Top 5 Commercial Banks that Nigerian SMEs can bank on | Share this article:
In developed countries, there has been a significant economic growth with the proliferation of micro, small and medium enterprises (MSMEs). It is such a shame that the Nigerian government and banks are not maximizing the... |
| Fidelity Bank Plc | “Fidelity Bank provides outstanding Online, Personal Banking, SME Banking, Corporate, Investment, Agric and Private Banking Services...” |
