Nigeria’s SMEs: Resilient, Essential and in need of the Right Partners

By Aderonke Oluwadare Nigeria’s micro, small and medium sized enterprises remain central to the country’s economic growth, employment and household incomes. According to the NBS and SMEDAN MSME 2021 survey, as cited in PwC Nigeria’s MSME Survey 2024, MSMEs account for 96.9 per cent of businesses, 87.9 per cent of employment, 46.32 per cent of gross domestic product and 6.21 per cent of exports. These figures underline the importance of Nigerian SMEs to job creation, innovation and inclusive economic development. They also explain why the health of the sector should…

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Debit Card vs Credit Card: How to Choose the Right Card for Every Expense

Understanding what happens to your money after a payment is just as important as completing the transaction. Picture a professional preparing for a trip. The flight must be booked, the hotel needs to be paid for and regular household expenses have not stopped simply because travel is approaching. There are two cards in the wallet, a debit card and a credit card. Both cards can be used to make payments, but they affect the cardholder’s finances differently. A debit card draws money directly from the available balance in a linked…

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Polaris Bank Takes Customer Service to “The Extra Mile”

Polaris Bank is set to join organisations around the world in celebrating the 2026 Customer Service Week, holding from October 5 to 9, under the theme, “The Extra Mile.” For Polaris Bank, the theme represents a continuation of its longstanding commitment to putting customers at the heart of its business and continually improving the quality of their banking experience. Over the years, the Bank has used Customer Service Week not only to appreciate its customers, but also to recognise employees who consistently demonstrate exceptional service and reinforce the importance of…

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Appeal Court Clears Fidelity Bank in Fundamental Rights Case

The Court of Appeal in Abuja has cleared Fidelity Bank Plc of liability in a fundamental rights case involving Michael Kundera, overturning an earlier judgment of the Federal Capital Territory High Court. A three-member panel led by Justice Adebukola Banjoko delivered the judgment on 14 September 2026, allowing Fidelity Bank’s appeal and overturning the lower court’s finding of liability against the bank. The case originated from suit number CV/6258/23, filed by Michael Kundera to enforce his fundamental rights following his arrest and detention between 15 and 16 May 2023. He…

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FTAN Delta Endorses 3rd Indigenous Arts Festival, Partners for Asaba 2026

In a major boost to cultural tourism in the region, the Delta State Chapter of the Federation of Tourism Associations of Nigeria (FTAN) has officially announced its endorsement of and partnership for the upcoming 3rd edition of the annual Indigenous Arts Festival. Scheduled to take place from September 25 to 27, 2026, the three-day cultural extravaganza will be hosted at the iconic Indigenous Cultural Centre (ICC), located within the Delta State Film Village in Asaba. This year’s festival, which centers on rich heritage, creative expressions, and environmental sustainability, has drawn…

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Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi Chief Operating Officer

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced the appointment of renowned Public-Private Partnership and infrastructure specialist, Dr. Emmanuel Onwodi, as its Chief Operating Officer (COO), strengthening its executive leadership as it advances the development and management of the critical Benin-Asaba highway corridor. Onwodi, a chartered accountant, infrastructure finance specialist and former senior official of the Infrastructure Concession Regulatory Commission (ICRC), brings more than 25 years of professional experience covering infrastructure development, concession management, project finance, risk management, transport and logistics. In his new role, he will help drive…

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Fidelity Promotes 13% of its Workforce…Reinforces Performance-Driven Culture

Leading financial institution, Fidelity Bank Plc, has announced the promotion of 433 employees through its 2026 Promotion and Notch Award Exercise. Approximately 13 per cent of the Bank’s workforce benefited from the exercise, reflecting a steady increase from the 12 per cent and 11 per cent recorded in 2025 and 2024, when 376 and 337 employees were promoted, respectively. The initiative reflects the Bank’s unwavering commitment to recognizing excellence, rewarding outstanding performance, and fostering a high-performance culture across the organization. Since assuming office as Managing Director and Chief Executive Officer,…

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Police Arraign Two Women Over Alleged Cyberstalking of Access Bank

The Nigeria Police Force has arraigned two women before the Federal High Court in Lagos for allegedly conspiring to circulate a false publication claiming that Access Bank Plc was shutting down its operations. The defendants, Idorenyin Samuel Umoh and Fineness Monday Esu, were arraigned on a three-count charge filed by the police before the Federal High Court, Lagos, in suit number FHC/L/CR/773/2026. Police prosecuting counsel, Stanley Nwafoaku, of the Directorate of Legal Services, Federal Criminal Investigation Department (FCID), Alagbon, Ikoyi, Lagos, told the court that the defendants allegedly acted together…

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Airline Operators Claim They Pay 54 Taxes, NCAA Insists It’s Just 4

Nigerian airline operators and the Nigeria Civil Aviation Authority (NCAA) have disagreed sharply over the number of taxes, levies, fees and charges imposed on airlines operating in the country. While airline operators claim they are burdened with as many as 54 different taxes, fees and charges, the NCAA has rejected the description, insisting that only about four statutory tax or ticket-related charges should properly be regarded as taxes. The disagreement came to the fore at the 30th Annual Conference of the League of Airport and Aviation Correspondents, where stakeholders discussed…

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Fidelity Bank Rallies Support for Northern Businesses at Kano SME Forum

Leading financial institution, Fidelity Bank Plc, has reaffirmed its commitment to supporting the growth and sustainability of Small and Medium-scale Enterprises (SMEs) through the Kano edition of its Quarterly Business Forum, which brought together entrepreneurs, business owners, industry stakeholders and customers to explore practical strategies for business growth and resilience. The forum, themed, “Positioning Northern Businesses for Growth,” provided participants with valuable insights into strengthening business operations, improving access to finance, enhancing financial management and leveraging opportunities that can drive sustainable enterprise development across Northern Nigeria. Speaking at the event,…

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