As the Central Bank of Nigeria’s (CBN) recapitalisation exercise came to an end on 31st March, 2026, most banks operating in the country rose to […]
Category: Business
Dangote Powers Historic Shift As Nigeria Emerges Net Petrol Exporter & Earns Fresh Forex
Dangote Petroleum Refinery & Petrochemicals has recorded a major milestone in Nigeria’s energy history, exporting 44,000 barrels per day (b/d) of gasoline in March 2026, […]
Zenith Bank Completes Acquisition Of Kenya’s Paramount Bank
Zenith Bank Plc has announced the completion of its acquisition of the entire issued share capital of Paramount Bank Kenya Limited, following the receipt of […]
CBN Dismisses Polaris Bank Liquidation Claim Amidst Okoya’s Acquisition Rumour
The Central Bank of Nigeria (CBN) has debunked rumours suggesting that Polaris Bank is undergoing liquidation. The apex bank disclosed this in a post […]
Dangote Debunks Fuel Price Hike
Dangote Petroleum Refinery & Petrochemicals has stated that the price of Premium Motor Spirit (PMS) remains unchanged, amid concerns over potential volatility in the downstream […]
Jumia Expands Nationwide Footprint, Deepens Reach Across Underserved Nigerian Cities
Leading e-commerce company, Jumia Nigeria, has announced a significant expansion of its logistics and pickup network across Nigeria, extending its reach into underserved regions and […]
Grey Connects The Africa-Canada Money Corridor With Instant Transfers Via Interac
Sending money to Canada has been harder than it should be. Wire queues, unpredictable fees, days of uncertainty, whether you’re supporting family in Ontario, paying […]
Wema Bank Unveils New Jingle For ALAT: The Evolution
Wema Bank has introduced a new jingle to mark the next phase of its digital banking journey, tagged the ALAT: The Evolution jingle. Designed to […]
Airtel Global Subscribers Hits 650 million, Becomes World’s 2nd Largest Telco
Bharti Airtel has announced a major milestone in its global operations, crossing 650 million mobile subscribers worldwide, a scale that now positions the company as […]
Afreximbank Leads $4bn Financing For Dangote Refinery With $2.5bn Commitment
African Export-Import Bank has underwritten $2.5 billion in a $4 billion senior syndicated term loan for Dangote Petroleum Refinery and Petrochemicals, in a move aimed […]