Category: Nigeria news
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Airtel and Itel Launch 4G Smartphone Financing Programme to Boost Digital Inclusion
Airtel Nigeria has launched a Smartphone Financing Programme aimed at bridging the digital divide by helping customers upgrade from 2G and 3G devices to 4G smartphones through flexible payment plans. The programme kicks off with the Itel A50 smartphone, a reliable and high-performing device designed to deliver a superior mobile experience across Nigeria. Through Airtel’s
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Nigeria and Africa’s Instant Payments Hit $2 Trillion, Driving Financial Inclusion
Nigeria and other African countries are witnessing rapid growth in digital payments, signaling a shift toward more inclusive and interoperable financial systems. According to the State of Inclusive Instant Payment Systems (SIIPS) 2025 Report, obtained over the weekend, 36 instant payment systems (IPS) are now live across 31 African countries, with five new systems launched
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Nigeria’s Financial Reporting Council Wins Prestigious UNCTAD-ISAR Honour
The Financial Reporting Council of Nigeria (FRC) has been awarded the International Standards on Accounting and Reporting (ISAR) Honours by the United Nations Conference on Trade and Development (UNCTAD). Nigeria was the only African country recognized for its contributions. The award celebrates the leadership of Dr. Rabiu Olowo and the Council’s transformative efforts in promoting
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Binatone Launches Exciting Black Friday Deals Across Nigeria
Global Appliances Nigeria Ltd, manufacturers of Binatone products, has announced its Black Friday Mega Sales, offering Nigerians a full month of incredible discounts on a wide range of home appliances. The promotion runs from November 1 to November 30, 2025, across major supermarkets, electronics stores, and online platforms nationwide. Managing Director Prasun Banerjee revealed that
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FHT Mega Express Sues Parallex Bank over Unreleased Shipping Documents
FHT Mega Express Limited, a Lagos-based logistics, equipment, and machinery firm, has filed a lawsuit against Parallex Bank Limited at the Lagos State High Court, Tafawa Balewa Square, over the alleged withholding of shipping documents for imported goods worth €7,310,257.99. The company claims it made full payments totaling N7.15 billion since 2023 to establish letters
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Access Bank Launches SME Academy to Combat Business Failures in Nigeria
Access Bank has unveiled the SME Academy, a new initiative aimed at reducing Nigeria’s high rate of small business failures by equipping entrepreneurs with the skills, knowledge, and resources needed for sustainable growth. The programme reinforces the bank’s commitment to strengthening the SME sector, a key driver of the nation’s economy. Speaking at the launch,
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Alert Microfinance Bank Partners with CrediCorp to Expand Consumer Credit in Nigeria
Alert Microfinance Bank (Alert MfB) has joined forces with Nigeria Consumer Credit Corporation (CrediCorp) to broaden access to consumer credit across the country. The partnership combines CrediCorp’s funding capacity and national consumer credit framework with Alert MfB’s operational expertise, including its 10-branch network, disciplined risk management policies, and advanced core banking system. At the center
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PalmPay Executes First Live Transaction on Nigeria’s National Payment Stack (NPS)
In a landmark achievement for Nigeria’s digital economy, PalmPay, in collaboration with Wema Bank, completed the first live transaction on the National Payment Stack (NPS), powered by the Nigeria Inter-bank Settlement System (NIBSS). The NPS is a next-generation payment infrastructure designed for real-time, interoperable, and secure financial transactions across Nigeria. The milestone underscores PalmPay’s role
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Olamide Responds to Backlash Over Wizkid Ranking
Rapper Olamide has addressed the controversy that arose after he ranked Wizkid as the top Afrobeats artist after Fela Kuti during a press briefing in Toronto, Canada. Olamide acknowledged that opinions differ in the music industry, emphasizing that it is large enough for all artists to thrive. He urged fans to support their favorite musicians
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Nigerian Man Arrested in US for Killing Father, Stabbing Two Sisters
A 27-year-old Nigerian man, Chukwuebuka Eweni, has been arrested in New Orleans, United States, after allegedly killing his father and stabbing his two sisters during a domestic incident on Pebble Street. The deceased, Samuel Eweni, was reportedly a computer science professor at Southern University at New Orleans. According to the New Orleans Police Department, the
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