Category: Business

The Nigeria Police Force National Cybercrime Centre (NPF-NCCC) has arrested a 27-year-old woman, Hafsat Abubakar, over the alleged creation and circulation of a fake document claiming that fintech company OPay Nigeria Limited was shutting down its operations. The arrest was disclosed by the Force Public Relations Officer, Anietie Iniedu, during a press briefing at the NPF National Cybercrime Centre in Abuja. According to the police, the investigation followed a formal petition submitted by OPay Digital Services Limited on August 31, 2026, requesting the authorities to investigate and identify those behind…

For many Nigerian businesses, the next growth opportunity may be located beyond the country. A fashion entrepreneur may source premium fabrics from Ghana. A pharmaceutical distributor may purchase essential products from Kenya. A manufacturer may pay suppliers across several African markets, while a technology company in Lagos may serve customers in Rwanda or Zambia. Across Africa, commercial relationships are expanding and businesses are discovering new suppliers, customers and investment opportunities. The African Continental Free Trade Area is supporting this momentum by creating a framework for deeper economic integration, wider market…

Union Bank of Nigeria has been recognised for its leadership in gender inclusion, emerging as Most Outstanding Bank in Gender Inclusion at the Women in Marketing and Communications Conference and Awards (WIMCA) 2026, held on Saturday, 29 August 2026, at Landmark Event Centre, Victoria Island, Lagos. This award was in affirmation of the Bank’s commitment to advancing gender diversity through an inclusive workplace and financial ecosystem that empowers women, female entrepreneurs, and professionals with tailored products, capacity building, mentorship, networking, and broader economic opportunities. Themed “Grow, Give, Glow: Building Resilience…

A Lagos-based customer of Guaranty Trust Bank (GTBank), Onifade Isaac, has alleged that N4.6 million was transferred from his savings account without his authorisation. Isaac, a warehouse manager, said the money was transferred from his GTBank account on August 22, 2026, to a Pocket App account bearing the name Zahara’u Iliyasu. According to him, he did not initiate or authorise the transaction and did not receive an SMS alert or One-Time Password (OTP) for the transfer. Isaac said he only discovered that the money was missing later that day when…

Union Bank of Nigeria’s dedicated proposition for women, alpher, has partnered with Zuri Circle Network (ZCN) to empower 98 female entrepreneurs through the Fearless Female Founders (FFF) 2.0 Accelerator Programme. The initiative was designed to bridge the gap between women-led businesses and access to capital, business knowledge, mentorship and opportunities for sustainable growth. The programme attracted 2,810 applications from women entrepreneurs across Nigeria, with 98 founders selected after a rigorous screening process involving business verification and compliance checks. As part of its commitment to supporting women entrepreneurs, Union Bank also…

Leading financial institution, Fidelity Bank Plc, is set to host the next edition of its Quarterly Business Forum on Wednesday, September 2, 2026, in Kano, bringing together business owners, entrepreneurs, industry leaders and key stakeholders to explore opportunities for business growth and sustainability across Northern Nigeria. The Kano edition builds on the success of the Bank’s previous Quarterly Business Forum held in Port Harcourt, which provided business owners and entrepreneurs with practical insights, valuable industry connections, and opportunities for sustainable business growth. Themed “Positioning Northern Businesses for Growth,” the forum…