Category: Business

Union Bank of Nigeria held its first-ever Stallion Plaza, a dynamic event that affirmed the Bank’s steadfast commitment to employee well-being and sustainable workplace development. The walk kicked off at the Stallion Plaza, Union Bank’s Head Office in Marina. It concluded at the Bank’s Sports Complex, The Stable, on Bode Thomas Street, Surulere, tracing an energising 7.5km route through Lagos’ vibrant streets. The overwhelming participation and enthusiasm from employees from diverse departments and locations made it a celebration of physical fitness, mental health, and the power of community spirit. Stay…

Read More

Sterling Financial Holdings Company Plc. (‘Sterling Holdco’), the parent company of The Alternative Bank, Sterling Bank, SterlingFI, and a number of other novel business solutions, has witnessed a very positive response to its public offer, as investors rally for a stake in the company’s future. The public offer, launched on September 17, 2025, has quickly become one of the most talked-about opportunities in the Nigerian financial market, with analysts predicting that the offer will prove to be amongst the most lucrative in the sector’s investment landscape. The Sterling Public Offer has sparked widespread…

Read More

Sterling Bank has once again redefined the boundaries of customerfirst banking in Nigeria by scrapping Account Maintenance Fees (AMF) across all personal accounts. Just months after abolishing transfer fees on local online transactions in April 2025, the bank has dismantled yet another long-standing industry practice, cementing its role as the nation’s leading force for transparent, fair, and customer-focused banking. This decision cuts at the heart of a revenue model that has long cost Nigerian customers dearly. In 2024 alone, tier-1 banks raked in over ₦650 billion from account maintenance and e-banking charges.…

Read More

The Lagos State Government has demolished 19 buildings at the International Trade Fair Complex along the Lagos-Badagry Expressway, citing violations of physical planning regulations. Officials of the Lagos State Building Control Agency (LASBCA), backed by security operatives, carried out the demolition on Thursday. The exercise affected both commercial and residential structures said to have been erected without government approval. LASBCA General Manager, Arc. Gbolahan Oki, said the action followed several notices issued to the owners, which were ignored. He explained that the affected structures contravened the state’s urban and regional…

Read More

Polaris Bank, Nigeria’s leading digital retail, and commercial bank, on Tuesday hosted corporate customers in the non-oil sector at its Global Trade Forum. The event was designed to foster stronger stakeholder relationships, address trade-related challenges, and explore innovative solutions to drive business growth. The forum, with the theme: “Trade Export: Partnering for Growth”, brought together key players in Nigeria’s trade and export ecosystem, including business leaders, exporters, regulators, Nigerian Customs and policy influencers. Participants engaged in robust discussions on the challenges and opportunities shaping the global trading landscape. Speaking at…

Read More

FirstBank, the premier West African bank and a leading financial inclusion service provider, is set to introduce tailored financial services for blind, partially sighted, and physically challenged customers across its operations. This initiative is part of FirstBank’s broader continuous commitment to promoting Financial Inclusion and Diversity, which is shown in its policies, partnerships and initiatives such as its employees’ ratio of female to male (about 41%:59%; and 37% women in management roles) as well as the FirstBank Women Network, an initiative that seeks to address the gender gap and increase…

Read More

In line with its commitments of promoting sports and developmental initiatives at all levels, First Bank of Nigeria Limited is partnering the organizers of the first of its kind E1 Lagos GP an all-electric powerboat racing championship, set to hold between the 3rd and 5th of October 2025. Disclosing this at the E1 Lagos GP Stakeholder Immersion session in Lagos recently, Olayinka Ijabiyi, the Acting Group Head, Marketing and Corporate Communication of FirstBank, reaffirmed the Bank’s commitment to supporting initiatives that engender human development across the country while cementing legacies.…

Read More

  Fidelity Bank Plc, a leading financial institution, has announced a three-month extension of its flagship savings campaign, the Get Alert in Millions (GAIM) Season 6 promo, now set to run until 30 November 2025. In a bold move to further excite and reward customers, the bank has also increased the total cash rewards from ₦159 million to a record ₦189 million. The announcement follows overwhelming feedback from customers and prospects who requested more time to participate in the campaign. Originally launched in November 2024 with a nine-month timeline ending…

Read More

Panic gripped Broad Street, Lagos Island, yesterday after a fire outbreak at Afriland Tower forced staff of the United Bank for Africa (UBA) and other occupants to leap from the upper floors of the six-storey building in a desperate bid for safety. The blaze, which started around 1:00 p.m. in the basement of the building, was traced to an inverter battery. It quickly spread to a parked Toyota Sienna and a motorcycle, both of which were completely destroyed before firemen arrived. The Lagos State Fire and Rescue Service (LSFRS) said…

Read More