CBN Upgrades Opay, Moniepoint, Palmpay, Others To National Licenses

The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status, allowing them to operate across the country following compliance with regulatory requirements. The upgrade applies to key players such as Moniepoint MFB, Opay, Kuda Bank, Palmpay, and Paga, which have grown…

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SIFAX Marine Targets Asset-Led Growth in 2026

  …Positions for Stronger Participation in the Oil and Gas Market SIFAX Marine Services Limited has announced a far-reaching expansion strategy for 2026 aimed at driving asset-led growth and repositioning the company as a stronger contender in Nigeria’s offshore and oil and gas marine services market. According to Afolabi Olayinka, Executive Director of SIFAX Marine,…

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Emirates and Air Peace activate bilateral interline agreement, enhancing seamless global connectivity

Building on their existing partnership, Emirates, the world’s largest international airline, and Air Peace, West Africa’s largest airline, have activated a bilateral interline agreement, expanding air connectivity between Africa, the UAE, and London. The agreement offers passengers of both airlines frictionless, single-ticket travel and with through-checked baggage, on select routes, resulting in greater travel comfort…

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Lagos announces new tax law empowers state to seize funds from bank accounts

      The Lagos State Internal Revenue Service has disclosed that the new tax law empowers state revenue agencies to recover unpaid taxes by seizing funds from the bank accounts of employers, friends, business partners, tenants, and other third parties connected to a tax defaulter.   LIRS informed Lagos residents and business owners that…

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Adron Homes Sets Strategic Direction for 2026 at National Business Convention

  Adron Homes has officially commenced its 2026 National Business Convention, themed “Breaking New Grounds, Beyond and Above 2.0,” reaffirming its commitment to innovation, growth, and leadership in Nigeria’s real estate sector. The convention opened with a strategic address by the Chairman/Group CEO, Sir Aare Adetola Emmanuelking, who charged executives and managers across the organization…

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EKEDC Announces Leadership Transition: Engr. Olubunmi Peters as Chairman of the new Board, and Wola Joseph-Condotti Appointed Interim CEO

Eko Electricity Distribution Company PLC (EKEDC) today announced a significant leadership transition as Transgrid Enerco takes over the board of EKEDC. The previous board by the previous majority shareholder, West Power and Gas Limited (WPG) led by Chairman (Dr.)Dere Otubu resigned today and gave way to the new board headed by Engr. (Dr.) Olubunmi Peters…

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Glo Unveils ‘Travel Saga’, Its Most Immersive Gaming Experience to Date

Globacom has raised the bar in mobile entertainment with the launch of Travel Saga, a premium, high-octane gaming experience now live and available exclusively to Glo subscribers. Travel Saga is a richly woven, story-driven role-playing adventure crafted to deliver the rush, depth and competitive intensity associated with some of the world’s most celebrated action titles….

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25 underaged girls trafficked into Anambra from Ebonyi rescued from prostitution

No fewer than 25 underage girls working as sex workers have been rescued from a hotel in Aguleri, Anambra East Local Government Area. Millionaire Man Reveals $127/Hour Trick Anyone Can Do Daily Finance | Sponsored Read More The girls, in a video posted online by an indigene of the area, confessed that they were trafficked into…

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Nigerian banks recapitalization 2026 : Where does your bank stand

The countdown to March 31, 2026, has officially entered its final stretch. While you might have seen headlines claiming only 19 banks have met the mark, the reality on the ground is much more dynamic. In fact, as of January 2026, we have seen a surge of compliance, with approximately 22 out of 34 banks…

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Africa’s First Fully Digital Bank, ALAT By Wema Is Getting An Upgrade

  Wema Bank is once again redefining the future of banking with the upgraded version of ALAT scheduled to go live in January, 2026. Tagged ALAT: The Evolution, the upgraded version of ALAT will once again set the standard on the next chapter in the banking industry. With ALAT: The Evolution, Wema Bank is pushing…

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