Business
Corpreneurship Challenge: Unity Bank disburses over N270m to young Nigerian entrepreneurs
Over N270 million in grants have been awarded to young Nigerian entrepreneurs by Unity Bank, under its Youth Entrepreneurship Development Initiative: Corpreneurship Challenge. The figure bring the total number of beneficiaries since inception in 2019 to 608 corps members nationwide. The initiative, implemented in partnership with the National Youth Service…
Read More »FirstBank crosses N500b regulatory capital requirement
First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This milestone was achieved following the completion of a series of strategic capital initiatives, including a Rights Issue, a Private…
Read More »Financial Misappropriation and Abuse of Authority: CIG Motors fires Executive Director Jubril Arogundade, refers case to EFCC
CIG Motors Co. Ltd has announced the immediate termination of the appointment of its Executive Director, Jubril Arogundade(@JubrilofLagos), following internal investigations that uncovered issues relating to financial misappropriation and abuse of authority. In a statement made available to Nairametrics, the company said the decision followed a period of suspension…
Read More »FirstBank hosts Nigeria Economic Outlook 2026 with theme “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth”
FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth”. Nigeria Economic Outlook is…
Read More »Corporate Institute of Strategic Research to host 2-day research and strategy summit in Abuja
The Corporate Institute of Strategic Research (CISR) is set to host its 2-Day Annual Research & Strategy Summit and Annual General Meeting (AGM) from Thursday, December 11 to Wednesday 12, 2025 at Benysta Hotel, Tai Solarin Street, Off 5th Avenue, Gwarimpa, FCT, Abuja. This year’s summit with the theme: “Evidence-Driven…
Read More »FG suspends physical cash payment for revenue transactions
The Federal Government of Nigeria has announced the immediate suspension of physical cash payments for all revenue transactions, directing Ministries, Departments and Agencies, MDAs, to deploy Point of Sale, POS, terminals and other approved electronic payment systems within 45 days. The directive was contained in four treasury circulars issued…
Read More »First HoldCo announces 100% divestment of FBNQuest Merchant Bank
First HoldCo Plc has announced the successful completion of the full divestment of its 100% stake in FBNQuest Merchant Bank Limited. A statement signed by Abiola Baruwa, Group Company Secretary, says, “The transaction, transferring ownership to EverQuest Acquisition LLP, is now finalised”. The company informed the Nigerian Exchange Limited (NGX) and the…
Read More »Golden Gate Investments Inc. opens new pathways for Nigerian investors in Canada’s real estate market
In a major announcement set to reshape international investment trends, Golden Gate Investments Inc. is opening new pathways for Nigerian investors to access high-growth, secure opportunities in Canada’s real estate market. With over 20 years of experience in real estate and private lending, Golden Gate Investments has built a…
Read More »EEDC debunks allegation of massive power outage by Imo State
The Enugu Electricity Distribution Company (EEDC) has debunked an allegation by the Imo state government of a planned ‘major power outage’ in the state. According to EEDC, the Imo State government through a public announcement signed by Declan Emelumba, the Commissioner of Information, Public Orientation and Strategy had alleged that…
Read More »ACAMB refreshes brand, unveils new identity
The Association of Corporate Affairs Managers of Banks (ACAMB) has rebranded to the Association of Corporate Communication and Marketing Professionals in Banks (while maintaining it’s acronym, ACAMB). The new identity was announced at the association’s 2025 retreat held in Abeokuta, the Ogun State capital, on Thursday, November 6 to Sunday, November…
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