22 results
- 17 Nov 2009
Union Homes Now Runs on Finacle
Union Homes Plc, the biggest primary mortgage institution in Nigeria, has joined the worldwide family of Finacle Universal Banking Software users. Finacle UBS is the award winning core banking…
- 16 Dec 2025
CBN Revokes Licences of Aso, Union Homes Mortgage Banks Over Regulatory Breaches
Central Bank of Nigeria (CBN) has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, citing persistent regulatory breaches that undermined the safety…
- 8 Jul 2020
Buyer Beware: NSE Issues Caveat on 13 Companies
Nigerian Stock Exchange (NSE) has warned investors to be wary when dealing with shares of 13 companies after they failed to meet regulatory deadlines for the submission of their financial statements…
- 16 Dec 2025
CBN Revokes Licenses of Two Mortgage Banks, NDIC Begins Liquidation
Nigeria’s banking regulators have moved to shut down two mortgage lenders after prolonged financial distress, as authorities intensify efforts to enforce capital discipline and restore confidence in…
- 16 Jun 2019
NSE Raises Red Flag on 34 Firms, Issues Caveat
Nigerian Stock Exchange (NSE) has placed cautionary red alerts on 34 companies for their inability to meet listing requirements, implying underlying corporate governance weaknesses that investors…
- 9 Feb 2026
NDIC Says No Customer Loses Deposits in Failed Banks
Nigeria Insurance Deposit Corporation (NDIC) has guaranteed customers of insured commercial banks prompt recovery of their deposits in the event of risk liability or liquidation. In addition, the…
- 12 Feb 2026
NDIC Moves to Boost Customers’ Confidence in Nigerian Banks
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to safeguarding the nation’s financial system, announcing that its recent upward review of the maximum deposit insurance…
- 9 Jun 2023
Tinubu Appoints Shonubi as Acting CBN Governor
President Bola Tinubu has appointed Mr. Folashodun Adebisi Shonubi, deputy governor (Operations Directorate) as acting governor of the Central Bank of Nigeria (CBN) following the suspension of Godwin…
- 19 May 2012
NIBSS Names Folashodun Adebisi Shonubi New CEO
The Board of Directors of Nigeria Inter-Bank Settlement System (NIBSS) Plc has announced the appointment of Folashodun Adebisi Shonubi, as the new Managing Director/CEO of the foremost electronic…
- 1 Jan 2020
NSE Lifts Suspension on Omatek Ventures after 2 Years
Nigerian Stock Exchange (NSE) has lifted suspension on trading in the shares of Omatek Ventures Plc as the troubled computer firm continues efforts to stabilise its operations and governance…
- 15 Jun 2009
Ebony Express MD Calls for Early Passage of Postal Bill
Courier operators are anxious to see that the postal bill is ratified to allow the Postal Service Commission, an independent body that will regulate the postal and courier industry come on stream.…
- 9 Mar 2009
Dahmos Introduces Innovative Solar Energy Products
Dahmos Nigeria Ltd has positioned to put an end to electric power crisis in the country with its range of DahsolTM systems, which leverage on solar energy. The company has stated that its goal is to…
- 30 Oct 2014
Smile Telecom Supports 50 Schools with Internet Bundles
Barely seven months it launched in Lagos, Smile Communications Nigeria Limited has taken bold step towards enhancing education in Nigeria through information communication technology (ICT) by…
- 15 Aug 2014
CBN Gets Platform to Reduce Forex Demand
Central Bank of Nigeria (CBN) has unveiled a new remittance platform that would help reduce the demand for foreign currencies in the country. The platform, known as the Outbound Remittance Service is…
- 14 Feb 2012
Omatek to Build Multi-Billion Naira Factory in Nigeria
To consolidate on its achievements and its extensive presence in Nigeria, Omatek Computers, the leading Nigerian computer manufacturer, is to invest billions of naira on a new factory in the country.…
- 21 Jul 2020
Coronavirus – Safety is Transcorp Hilton Abuja's Priority – Dupe Olusola
Dupe Olusola, MD/CEO of Transcorp Hotels Plc, has said that the key priority of its properties, Transcorp Hilton Abuja and Transcorp Hotels Calabar, is safety amidst the COVID-19 pandemic. Dupe…
- 8 Mar 2010
That Unhealthy Development in Nitels’ Privatization Process
Few weeks ago the process of finding a new investor for Nigerian Telecommunications Limited entered concluding stage with the emergence of New Generation Telecommunications Consortium as the…
- 9 Aug 2019
Ernest Ndukwe Brings New Vibe to MTN, Industry
The emergence of Ernest Ndukwe, telecom technocrat as the chairman of MTN Nigeria Plc, is a good match for his skills and experience; and fresh allure for the telecom giant. Ndukwe, the father…
- 12 Jul 2020
A Dirge to the Nigerian Research and Education Network
By Austin Okere There is no cheer about the recent pronouncements from the hierarchy in the education sector and the long-term impact on our youth. “Nigerian government reverses resumption of…
- 21 Jun 2026
BoI's EIB-Backed Financing Accelerates Fidson's Pharmaceutical Manufacturing Growth
Fidson Healthcare Plc has commended the Bank of Industry (BoI) for its pivotal role in facilitating concessionary financing that is accelerating the growth of Nigeria's pharmaceutical manufacturing…
- 17 Mar 2026
Breaking.......Nigerian Firms Pledge Millions, Create UK Jobs
Hundreds of new jobs are set to be created as Nigerian banks, fintech innovators and creative industry businesses scale up their operations in Britain. UK-Nigeria The move will see millions invested,…
- 31 Aug 2021
Heineken Named Beer of the Decade
Heineken, world’s premium beer brand, has won a Medal of Gold as Outstanding Premium Lager Brand of the Decade. This decoration is courtesy respected Nigerian business magazine Marketing Edge. L-R:…