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Nigeria adds 4.3m new BVNs in 2025
Nigeria recorded a boost in its banking identity system in 2025 as million new Bank Verification Numbers (BVNs) were registered across the country. A BVN is a unique biometric identification…
NNPC’s $1.42bn, N5.57trn Debt Write-Off and Test of Nigeria’s Fiscal Governance
When the Federal Government approved the write-off of about $ billion and trillion in legacy debts owed by the Nigerian National Petroleum Company Limited (NNPC Ltd) to the Federation Account,…
Seven Issues That Will Define Nigeria’s Telecom in 2026
By Elvis Eromosele In 2026, Nigeria’s telecommunications sector can no longer hide behind growth statistics and subscriber numbers. The sector has matured. Expectations are higher. Patience is thinner. And the…
Kidnappers kill Abuja-based Lawyer Princess Nwamaka Chigbo
Nwamaka Chigbo THE family of Princess Nwamaka Mediatrix Chigbo, an Abuja-based lawyer, is saddened to announce her brutal death at the hands of still-to-be-identified kidnappers in the Nigerian Federal Capital…
NCC, CBN Set to Roll Out Refund Framework for Failed Airtime, Data Transactions
BY NGOZI ONYEAKUSI In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework…
Fidelity Bank Extends Support to Oluyole Cheshire Home in Ibadan
BY NGOZI ONYEAKUSI In the spirit of the festive season, leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to inclusive community support through a charitable outreach to Oluyole…
Recapitalisation: FirstBank Meets ₦500bn Regulatory Requirement
...Shareholders commit to future injection of more capital to the Groups’ other subsidiaries BY NGOZI ONYEAKUSI Olusegun AlebiosuMD/CEO FirstBank First HoldCo Plc has announced that its commercial banking subsidiary, First…
Leadway Assurance Commences Comprehensive Verification Exercise for African Alliance Annuitants
BY NGOZI ONYEAKUSI Leadway Assurance Company Limited has officially commenced a comprehensive verification exercise for all African Alliance Annuitants following the successful takeover of the African Alliance Insurance Annuity portfolio.…
Why 2026 Must Be the Year Nigeria’s Economy Works for All
BLAISE UDUNZE As the new economic year begins in Nigeria, statements and policies emanating from government officials' corridors project cautious optimism. One of the official narratives that expresses renewal of…
Nigeria’s banks close 229 branches as POS transactions surge
Nigeria’s banking industry is witnessing a major shift from traditional branch banking to electronic platforms, with 229 physical bank branches shutting down in just one year as customers increasingly rely…
