Wema Bank Plc has noted with concern recent media publications containing false, misleading, and wholly unsubstantiated allegations regarding the sale of certain Banana Island properties purportedly linked to the... Continue

Jumia has announced strong first-quarter 2026 performance results, with Nigeria emerging as one of the company’s standout growth markets across Africa, reinforcing the country’s position as a critical driver... Continue

FUNSHO AROGUNDADE Nigeria’s business tycoon, Tony O. Elumelu and his beloved wife, Awele Vivien Elumelu have been announced as honourees in the 2026 TIME100 Philanthropy list by TIME Magazine... Continue

BY DAVID AKINFENWA Africa’s creator economy has expanded rapidly over the past decade, driven by a young, digital-driven population and the steady rise of mobile internet. Across sectors such as... Continue

The Nigeria Deposit Insurance Corporation (NDIC), acting as liquidator of the defunct Gulf Bank Plc, has instituted two separate actions at the Federal High Court in Lagos against Wema... Continue

Fidelity Bank strengthened its liquidity position in the 2025 financial year as cash and cash equivalents rose by 87 percent to N1.32 trillion, reflecting improved cash buffers, stronger deposit... Continue