First Bank of Nigeria Limited, in partnership with Visa, has announced the launch of Visa Signature, a premium card offering designed for Nigeria’s affluent segment. The card unlocks an exclusive portfolio of lifestyle benefits, global travel privileges, and curated merchant offers through Visa’s worldwide acceptance network, giving high-spending Nigerians a product built around how they live. Visa Signature targets Nigeria’s top executives, business owners, and frequent international travelers who expect more from their financial products. Through Visa Global benefits and Visa Destination offers, cardholders gain access to preferential rates, premium…
Read MoreTree Planting Campaign Expands as Lagos and Port Harcourt Lead Re-Greening Efforts
The One Million Tree Initiative (OMTI) has announced the Nigerian Institute of Journalism (NIJ), Ogba, Lagos, and Port-Harcourt as the venue for its next tree planting exercise, scheduled to commemorate this year’s World Environment Day. The environmental advocacy group said the initiative is part of its ongoing campaign to promote climate action, increase urban green cover, and raise awareness about environmental sustainability among young Nigerians. The project is being supported by Nestle Nigeria, CE-Power Solutions Limited, Power Gas Nigeria, GSR 360, SMP Group, all of whom OMTI says share its…
Read MoreGunmen Attack Three Schools, Kill Teacher, Abduct 45 Pupils and Staff in Oyo community
Tension has engulfed Ahoro-Esiele community in Oyo State following a deadly attack by suspected terrorists and armed bandits who stormed three schools in Oriire Local Government Area, killing a teacher and abducting several pupils, students and school workers. The coordinated attack occurred on Friday morning at Baptist Nursery and Primary School, Yawota; Community Grammar School, Ahoro-Esiele; and L.A. Primary School, Ahoro-Esiele, all located within the Oriire axis of the state. Residents said the attackers, who arrived on motorcycles in large numbers, invaded the communities between 8:00 a.m. and 9:00 a.m.,…
Read MoreSterling Financial Holdings Sustains Growth Momentum as Assets Cross ₦4 Trillion Mark in Q1, 2026
…Group Profit rises 89% in FY2025, 53% in Q1 2026 Sterling Financial Holdings Company Plc (“Sterling Financial” or “the Group”) has announced its audited financial results for the year ended December 31, 2025, alongside its unaudited results for the first quarter ended March 31, 2026, delivering strong earnings growth, balance sheet expansion, and improved capital strength across the Group. According to statement by Group CFO, Sterling Financial Holdings Company PLC, Adebimpe Olambiwonnu, Gross Earnings for FY2025 increased by 44.4% to ₦486.8 billion, representing the strongest performance in the Group’s modern…
Read MoreEFCC Arraigns Blessing CEO Over Alleged N36m Fraud, Remands Her in Custody
Social media influencer and relationship therapist, Blessing Okoro, popularly known as Blessing CEO, has been arraigned before the Federal High Court sitting in Ikoyi, Lagos, over an alleged N36 million fraud. The influencer was docked on Friday by the Economic and Financial Crimes Commission on a two-count charge bordering on alleged obtaining by false pretence and theft. According to the anti-graft agency, Blessing CEO allegedly obtained the sum of N36 million from one Mrs. Ifeyinwa Nonye Okoye between July 14 and 17, 2024, under the guise of facilitating the purchase…
Read MoreFidelity Bank Chairman Amaka Onwughalu wins “Women on Bank Boards” at AWBFA 2026
Mrs. Amaka Onwughalu, Chairman of the Board of Directors of Fidelity Bank Plc, has emerged winner in the “Women on Bank Boards” category at the Africa Women in Banking and Finance Conference and Awards (AWBFA 2026). The event, themed “Redefining Women’s Leadership in African Finance”, held at the Lagos Marriott Hotel Ikeja on Friday, 8 May 2026, is a platform established to celebrate women driving leadership and impact across Africa’s financial services ecosystem. It also spotlights professionals whose contributions are often overlooked, while advancing visibility for women shaping banking and…
Read MorePolaris Bank Partners Cyclotron Club to Advance LiveWell Initiative and Promote Healthy Living
Polaris Bank, Nigeria’s leading digital retail and commercial Bank institution, has announced a strategic partnership with Cyclotron Cycling Development Initiatives, otherwise known as Cyclotron Club, to advance LiveWell by Polaris, the Bank’s flagship wellness initiative designed to promote healthy living, preventive healthcare, and overall wellbeing among employees, customers, and communities across Nigeria. The partnership was formally unveiled at a ceremony held at the Bank’s headquarters last Saturday in Lagos, where both organisations launched a co-branded partnership jersey symbolising their shared commitment to fostering healthier lifestyles and supporting cause-driven advocacy through…
Read MoreUnion Bank Honoured by ASBON at Nigeria National SME Business Awards
Union Bank of Nigeria has reaffirmed its reputation as a strong supporter of Nigerian businesses, receiving the Best SME Growth Banking Initiatives Award for 2025 from the Association of Small Business Owners of Nigeria (ASBON) at the Nigeria National SME Business Awards, held recently in Lagos. The award was presented to the Bank in recognition of its strategic leadership in advancing the growth and resilience of small and medium-sized enterprises, through a differentiated suite of solutions designed to enable business expansion and long-term value creation. Receiving the award on behalf…
Read MoreAlexx Ekubo Dies at 40 After Battle With Cancer
Nollywood has been thrown into mourning following the death of popular actor Alexx Ekubo, who reportedly died at the age of 40 after a prolonged battle with cancer. The actor, widely known for his roles in romantic and drama films, passed away on Monday, May 11, 2026, according to family sources cited in earlier reports. His death has sparked widespread grief across Nigeria’s entertainment industry, with colleagues, fans, and public figures paying emotional tributes. Ekubo had been noticeably absent from public appearances and social media in recent times, a development…
Read MoreFidelity Bank Surpasses N1trn in Liquidity Position Driven by Increased Cash Holdings
Fidelity Bank strengthened its liquidity position in the 2025 financial year as cash and cash equivalents rose by 87 percent to N1.32 trillion, reflecting improved cash buffers, stronger deposit mobilisation, and growth in interest-earning assets. The lender’s audited financial statement for the year ended December 31, 2025, showed that cash and cash equivalents increased from N707.45 billion in 2024, underscoring the bank’s stronger liquidity profile amid Nigeria’s tight monetary environment. Restricted balances with the Central Bank of Nigeria (CBN) also increased by 4.1 percent to N1.65 trillion in 2025 from…
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