Category: Business

As part of its ongoing commitment to youth empowerment, financial inclusion, and building a financially responsible generation, Polaris Bank Limited held an impactful Financial Literacy Day session at Community Day Secondary School, Tsaski Yan’albasa, in Charanchi Local Government Area of Katsina State. The event, which took place on June 9, 2026, formed part of the Bank’s activities to commemorate Global Money Week (GMW). The interactive session reached and impacted 90 students and 10 teachers, providing practical insights into savings, budgeting, responsible spending, banking essentials, financial goal-setting, peer influence, and informed…

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Access Holdings Plc has reaffirmed its commitment to long-term value creation, financial resilience and disciplined growth, assuring shareholders that its strategic focus remains firmly on building a stronger and more sustainable institution despite a challenging operating environment. Speaking at the Group’s 4th Annual General Meeting (AGM), Chairman Aigboje Aig-Imoukhuede, said the true measure of a financial institution is not simply its ability to grow but its ability to do so profitably, sustainably and with discipline over time. He said the Group’s 2025 performance reflected a deliberate strategy to strengthen its…

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Union Bank of Nigeria’s Endless Possibilities campaign has won Bronze in the Heritage category at the 2026 Pitcher Awards, one of Africa’s foremost platforms for creative excellence. The campaign was also shortlisted in the Craft category for Film Craft, a recognition of the artistry and technical quality behind the work. These recognitions were awarded following adjudication alongside qualifying entries from across the African continent. The Heritage win carries a particular resonance. It recognises the bank’s ability to honour its rich heritage while maintaining relevance with contemporary audiences. For more than…

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Leading financial institution, Fidelity Bank Plc’s international subsidiary, FidBank UK Limited, has announced a commitment to support Nigerians – both individuals and corporations – in acquiring properties in the United Kingdom. Fidbank UK which provides a comprehensive suite of financial services, including trade finance, personal and business banking, treasury services, commercial lending, and private banking, is set to deliver tailored financial solutions for high-net-worth individuals (HNIs) seeking to invest in the UK real estate market through its FidBank Buy-to-Let product. This announcement was made at an exclusive product showcase hosted…

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There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions are raised, and before the ink is dry on the appeal filing, the narrative has already hardened: the regulator overreached, investor confidence is shattered, and Nigeria’s financial governance is on trial before the world. Much of the commentary currently circulating about Union Bank of Nigeria belongs to that genre. It is not without merit on certain procedural questions. But it is, at its core, incomplete —…

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Nigerian billionaire businessman, and chairman of First HoldCo Plc, Femi Otedola has disclosed plans to invest $100 million in the Dangote Refinery ahead of the facility’s planned Initial Public Offering (IPO). Otedola made the disclosure after leading top executives of First HoldCo on a tour of the Lekki-based refinery complex owned by Africa’s richest man, Aliko Dangote. According to reports, the investment forms part of the refinery’s planned $2 billion private placement designed to attract strategic investors before the public listing. The businessman reportedly said he had appealed to Dangote…

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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…

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…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…

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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…

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