…widow has advised married couples to ensure their spouses have access to important banking information, after she spent more than eight months trying to access funds in her late husband's account. Sharing her experience online, the woman said her husband d!£d in January 2025, leaving about ₦395,000 in his bank account.…

…market distortions. The CBN official identified the Payments System Vision 2028 and the banking sector recapitalisation exercise as other reforms intended to strengthen the financial system. She said the apex bank would continue implementing reforms focused on price stability and financial system resilience while suppo…

…had expired. Instead, he received a 15-month federal prison sentence for violating banking laws. US District Judge Thomas Durkin described him during sentencing as a “serial child molester.” Hastert represented his Illinois district in the House from 1987 until 2007. He became Speaker following the turbulent exit of fe…

…Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.The Central Bank of Nigeria (CBN) has disclosed that Nigerians living abroad sent $950 million in diaspora remittances through International Money Transfer Operators (IMTOs) in July 2026, as the apex bank intensif…

…Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Ikeja Electric (IE) has apologised to customers in parts of Lagos after five Band A electricity feeders failed to meet the minimum daily power supply requirement of 20 hours on September 30 and October 1, 2026.The…

…eight in every ten in-person digital payment transactions in Nigeria, with an agency banking network covering all 774 local government areas.Its blue point-of-sale terminals have become familiar tools for traders and businesses, supporting everyday payments and access to financial services.The recognition places Eniolo…

…Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Nigerians are getting some relief from the rising cost of food as prices of several popular staples fell across major markets in September 2026.A fresh survey of 67 food items across Mushin, Daleko, Mile 12 and Oy…

Badiru Aishat Olaitan graduated from Osun State University with a CGPA of 4.66/5.0, earning a First Class Honours degree in EconomicsThe 20-year-old won two awards at graduation, emerging as the best student in both her department and the Faculty of Social SciencesAishat revealed she switched from science to Economics …

…and investments in Nigeria.Beyond travel, drivers now include education, healthcare, banking options and ability to respond quickly to global opportunities.“Globally, we are seeing the same shift. Our clients are increasingly building multi-jurisdictional lives through alternative residence and citizenship, not simply…

…bank added:"We remain committed to providing you with competitive returns and excellent banking services."CBN's monetary policy rate decisionThe rate cuts follow a decision by the CBN's Monetary Policy Committee (MPC), which reset the MPR at 23% during its meeting on September 21 and 22, 2026.In Monetary Policy Communi…

…the NDIC boss emphasised that safeguarding individual savings and ensuring a stable banking climate are fundamental to achieving the Federal Government’s target of a $1tn economy by 2030. Addressing participants and key business stakeholders at the event, Sunday made a direct appeal to the public to avoid high-yield fi…

Liquidity in Nigeria’s banking system climbed sharply to N8.84tn ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, raising expectations of a substantial cash withdrawal from the financial system. The latest liquidity position represents a 37.01 per cent increase from N6.45tn,…

…Bank’s broader corporate approach toward SME development, which moves beyond standard banking services to actively construct sustainable capacity within Nigeria’s commercial ecosystem. By expanding the reach of the Wema Export Trade Academy, the financial institution continues to consolidate its role as a key catalyst…

Twin sisters Sonusi Busolami Taiwo and Sonusi Busayomi Kehinde both graduated from Osun State University with strikingly similar CGPAsThe sisters initially gained admission into the Department of Public Health before switching to the Department of Nursing Science in their 200 levelThe twins revealed they studied togeth…

…Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Recent flight disruptions that left passengers stranded, particularly in Abuja, have been linked to unpaid debts owed by some airlines to aviation fuel marketers.Passengers booked on Air Peace flights last Friday…

…for businesses and investors.” Meanwhile, in his presentation, the Director of Banking Supervision of CBN, Dr. Olubukola Akinwunmi, said that the apex bank has, increased its oversight of the banks. He revealed that CBN has tightened its supervisory role to prevent the banking system from sliding into dire situations t…

…at Osun State University, held an executive position in his department while studying Banking and FinanceMohammed took to his TikTok page to share his academic result, revealing the CGPA he finished with after years of studyThe certificate he displayed on social media showed a specific CGPA figure that caught the atten…

Banking and financial technology applications have reached 88 per cent of smartphone users in Nigeria as consumers increasingly turn to mobile devices for payments, transfers and other financial transactions, a new report has revealed. The Nigeria Smartphone Study 2025, conducted by KPMG Nigeria and Orange Group, found…

…project and not political patronage. He described himself as a businessman who began his banking career with Citibank in the 1980s before building successful businesses, particularly in the energy sector. According to him, his career and business activities had enabled him to develop relationships with people from diff…

…and extended its mortgage loan and home ownership scheme to employees from the Assistant Banking Executive to Deputy Manager cadres, with higher mortgage limits for those who qualify.The bank said these steps form part of a wider plan to improve staff productivity, workplace satisfaction and employee retention.Banks ra…

…Victor Enengedi has over a decade's experience covering energy, MSMEs, technology, banking and the economy.Crude oil supplies to Nigerian domestic refineries increased significantly in August 2026, as local processing facilities received an average of 683,000 barrels per day (b/d), according to the latest industry data…

…smaller. Its focus on housing finance also makes direct comparisons with diversified banking groups less straightforward.Economist seeks stronger business lendingEconomist Dr Aliyu Ilias told The PUNCH that banks were benefiting from economic activity, particularly in stock and foreign exchange markets.He urged lenders…

…aiding Iranian sanctions evasion. Washington said VTB Bank opened offices in Iran, built banking ties with sanctioned Iranian financial institutions, and worked to move billions of dollars in assets. The U.S. government pledged continual targeting of those who provide material, technological, or financial support that…

…on invalid order by a Magistrate Court that lacked the jurisdiction to entertain any banking related case, including issuing orders for the freezing of a bank account. The high court judge ordered the commercial bank and the police to jointly and severally pay the sum of N60 million to the law firm as general damages f…

…experience outside politics. Before becoming governor, Obi had a career in business and banking, including senior roles in the financial sector. That gives his presidential case a combination of private-sector, financial-management and public-sector experience.“He left office with a record that could be examined. That…