Kemi Omotosho: Taking Charge at MultiChoice Nigeria After a Defining Era As the first female CEO of MultiChoice Nigeria, Omotosho inherits both a milestone and a demanding brief, writes… Earlier this week, MultiChoice Nigeria announced the retirement of its Chief Executive Officer, John Ugbe, and the appointment of Kemi Omotosho as his successor. It is a baton handover that closes one long chapter and opens another at a time when the operating environment has become more complex. Omotosho steps into the role as the first female CEO of MultiCho…
See Nigerian Banks That Have Secured Their Licences * An international banking licence allows banks to operate beyond Nigeria’s borders Nigeria’s banking sector is in the midst of one of its most transformative periods in decades. In March 2024, the Central Bank of Nigeria (CBN) announced a new minimum capital requirement for banks, prompting them to raise additional capital by 31 March 2026. The goal? Create larger, more resilient banks that can support big projects, strengthen the financial system, and help drive Nigeria toward a $1 trillion…
PHOTO NEWS: Telecoms Competition Study: NCC, PwC, FCCPC Host Forum L-R : Dr Olubunmi Otti, Zonal Coordinator, Federal Competition and Consumer Protection Commission (FCCPC) South-West Zone; Mrs Omotayo Muhammad, Head Competition and Tariff, Nigerian Communications Commission (NCC); Mary Iwelumo, Partner at PricewaterhouseCoopers ( PwC), at the stakeholders' forum on the study of the level of competition in the voice and data segment of the Nigerian telecommunications Industry on Tuesday 13th January, 2026 at Sheraton Hotel Ikeja, Lagos…
Dangote Splashes N15bn in Gifts, Cash to appreciate Cement Distributors at Awards Nite ... Announces expansion of Cement Production capacity to 90 Million Tonnes Dangote Cement Plc has celebrated its top distributors and customers with ₦15 billion worth of rewards for their continued loyalty, resilience, and outstanding performance. The 2026 Distributors’ Awards Night, held at Eko Convention Centre, Victoria Island, Lagos, celebrated the company’s highest-performing partners under the theme “Partner for Growth.” Recipients received an impress…
Pernod Ricard Nigeria’s Jameson Irish Whiskey Reaffirms Commitment to Sustainability, Creativity, Community Engagement Jameson Irish Whiskey, from the stable of Pernod Ricard Nigeria, restates its commitment to sustainability, creativity, and community engagement with an innovative and visually striking installation during the yuletide with the iconic upcycled Christmas Tree at Ikeja City Mall. The activation officially marked the commencement of the much-anticipated 12 Days of Christmas celebration. Crafted entirely from 2,500 recycled James…
Glo Unveils ‘Travel Saga’, Its Most Immersive Gaming Experience to Date Globacom has raised the bar in mobile entertainment with the launch of Travel Saga, a premium, high-octane gaming experience now live and available exclusively to Glo subscribers. Travel Saga is a richly woven, story-driven role-playing adventure crafted to deliver the rush, depth and competitive intensity associated with some of the world’s most celebrated action titles. Meticulously optimized for mobile devices, the game translates a console-grade experience onto data-en…
Dangote Refinery says Fuel scarcity has gone with subsidy, Delivers World-Class Fuels to Nigerians …Assures Nigerians on Price Stability, Listing of Refinery stocks Dangote Refinery has reaffirmed its commitment to supplying Nigerians with premium-quality petrol (PMS) that meets global standards, in line with its vision of ensuring energy security for Nigeria and Africa. DSC 0632 & DSC 0633, L-R: Dangote Petroleum Refinery, Head Admin, Musa Bala; Dangote Petroleum Refinery, Chief HR Officer, Gloria Byamugisha; Dangote Petroleum Refinery, …
Nestlé Nigeria Says Infant Formula Products Not Affected by Global Recall Lagos, Nigeria — Nestlé Nigeria has clarified that none of the infant formula products sold in the country are affected by the voluntary and precautionary recall of specific batches of Nestlé Infant Formula announced in some countries. In a statement issued to address public concerns, the company explained that the recall applies only to selected batches in certain international markets and does not include products manufactured, distributed, or sold by Nestlé Nigeria. A…
NCC, CBN Set to Roll Out Refund Framework for Failed Airtime and Data Transactions 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 to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors. The framework is the outcome of several months of engagements involving the NCC, the CBN, Mobile Network Operators (MNOs), Value Added…
Unity Bank Disburses Over N270 Million to Corpreneurship Winners Lagos.08.01.26. Unity Bank Plc has disbursed over N270 million in grants to young Nigerian entrepreneurs under its Youth Entrepreneurship Development Initiative: Corpreneurship Challenge, bringing the total number of beneficiaries since inception in 2019 to 608 corps members nationwide. The initiative, implemented in partnership with the National Youth Service Corps (NYSC) through its Skill Acquisition and Entrepreneurship Development (SAED) programme, continues to equip fresh gr…
You’re Already Speaking to Siri, Bixby, and Alexa it’s time to speak to SAW AI assistants have become a natural part of everyday life, helping people set reminders, play music, and get quick answers by simply using voice commands. From Siri to Bixby to Alexa and more, millions of people are speaking to technology daily. SAW on ALAT by Wema now joins the growing ecosystem of AI voice assistants, bringing the same ease and familiarity into digital banking through the ALAT 2.0 app. SAW understands everyday language and responds instantly to comma…
Dangote Refinery Dismisses Shutdown Claims, maintains 50 million Litres PMS Daily Output … Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday … Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating report claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. “Dangot…
Nigerian Tax Acts 2025 Benefits Highlighted By The National Tax Policy Implementation Committee, Joseph Tegbe Joseph Tegbe, Chairman of the National Tax Policy Implementation Committee (NTPIC), enumerates the benefits of the Nigerian Tax Reform Acts 2025, stating that it marks a significant turning point in the country's pursuit of a robust and sustainable economy. In an article published in several national publications, Tegbe stated that tax law is a comprehensive overhaul of the country's fiscal architecture, aimed at creating a mod…
Fidelity Bank Extends Support to Oluyole Cheshire Home in Ibadan L-R: Team Lead, Corporate Social Responsibility, Fidelity Bank Plc, Victoria Abuka; Caregivers at Oluyole Chesire Home, Ibadan, Johnson Adetunji and Jimoh Taiwo; and Coordinator, Visionary Class of Inductees, Fidelity Bank Plc, Collins Oyakhilome; during the presentation of food and other essential items by Fidelity Bank Plc to the home recently. In the spirit of the festive season, leading financial institution, Fidelity Bank Plc has reaffirmed its commitment to inclusive commun…
Global Recognition for Nigeria as NCC Digital Awareness Programme Wins WSIS Award Geneva, Switzerland — Nigeria’s drive toward inclusive digital development gained global recognition on Monday as the Nigerian Communications Commission (NCC) won a major prize at the 2025 World Summit on the Information Society (WSIS) Awards held in Geneva. The NCC’s flagship Digital Awareness Programme (DAP) emerged winner in Category C3: Access to Information and Knowledge, clinching the top honour after securing the highest number of votes among competing pro…
Fidelity Bank appoints Onwughalu as Chairman following completion of Chike-Obi’s tenure Tier one lender, Fidelity Bank Plc, has announced the completion of the tenure of Mr. Mustafa Chike-Obi as Chairman of its Board of Directors effective December 31, 2025, and the appointment of Mrs. Amaka Onwughalu as the new Chairman of the Board, effective January 1, 2026. The board transitions are in alignment with the Bank’s policy and have been communicated to the Central Bank of Nigeria, the Nigerian Exchange Group, and other stakeholders. Under Mr. C…
FirstBank Hosts Nigeria Economic Outlook 2026, Leads Conversation on Economic Growth Lagos, 2 January 2026 – FirstBank, West Africa’s premier financial institution and financial inclusion service provider is pleased to announce the Nigeria Economic Outlook 2026 scheduled to hold on Tuesday, 6 January 2025. The theme of the session is “The Great Calibration: Mastering Resilience in an Era of Asynchronous Growth” Nigeria Economic Outlook is an annual customer-facing session which sets the tone on prevailing economic realities, equipping FirstBa…
Nigeria Reaffirms Her Commitment To Nigeria-China Strategic, Bilateral Trade and Economic Partnership Nigeria reflects positively on the progress of Nigeria–China relations over the course of 2025, following the elevation of bilateral ties to a Comprehensive Strategic Partnership, as agreed by His Excellency President Bola Ahmed Tinubu, GCFR, and His Excellency President Xi Jinping during the state visit to China in September 2024. The past year has seen sustained engagement at political, economic, and technical levels, reinforcing a relations…
GTCO RAISES N10 BILLION IN PRIVATE PLACEMENT Lagos, London – December 30, 2025: Guaranty Trust Holding Company Plc ("GTCO" or the "Company") has obtained the approvals of both the Central Bank of Nigeria (“CBN”) and the Securities and Exchange Commission to undertake a private placement of its ordinary shares, subject to the fulfilment of the applicable conditions precedent and regulatory requirements. The Financial Holding Company had earlier on August 29, 2025 announced that its banking subsidiary (Guaranty Trust Bank Li…
Governor Soludo Signs Anambra 2026 Appropriation Budget into Law Alongside Three Additional Bills In a landmark move to set Anambra State on a path of steady growth and development, Governor Chukwuma Charles Soludo has signed the 2026 Appropriation Bill into law, alongside three other significant legislations. The signing ceremony held at the Light House in Awka heralds a new chapter in the state’s fiscal management and governance. The 2026 Appropriation Law, which saw its budget increased from seven hundred and fifty-seven billion naira to se…
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