DecemberIssaVybe: How FirstBank Made Yuletide the Season of Music, Memories and Magic By Bolaji Israel Every December in Nigeria is a whole mood. The harmattan breeze and the Christmas themed red and white decorations all over the cities and towns; the ...
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Wema Bank Concludes ₦150 Billion Rights Issue with CBN & SEC Approval, Surpasses Regulatory Capital Requirement LAGOS, NIGERIA – 10th September 2025 – Wema Bank PLC (Bloomberg: Wema NL) (“Wema” or “the Bank”) announces completion of N150billion Rights Issuance ...
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The Federal Government has revoked the 5% excise tax previously imposed on telecommunications services in Nigeria, a move expected to ease cost pressures for millions of mobile users The tax, which was intended to apply to both voice ...
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The national grid suffered a collapse on Wednesday. This was confirmed in a public notice dated September 10, 2025, by the Abuja Electricity Distribution Company in a post on its X handle on Wednesday. According to AEDC, the power ...
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The Naira yesterday appreciated to N1,530 per dollar in the parallel market from N1,535 per dollar last week Thursday But, the Naira depreciated to N1,513 per dollar reaching a new level in the Nigerian Foreign Exchange Market (NFEM). ...
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The federal government has dismissed reports of a planned 5 per cent surcharge on fuel, assuring Nigerians that no such measure is under consideration Speaking to journalists on Tuesday in Abuja, the Minister of Finance and Coordinating Minister of ...
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The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has declared that its members will embark on a nationwide strike starting Monday, September 8, 2025, over what it described as anti-union labour practices tied to the use of ...
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American YouTuber and philanthropist MrBeast has extended an offer to purchase a pencil artwork created by Nigerian artist Ifure Usen The artwork gained MrBeast’s attention after the artist skillfully drew an image of MrBeast, his fiancée, and two kids ...
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FIRSTBANK LAUNCHES FIRSTMONIE MERCHANT SOLUTION TO ADVANCE DIGITAL PAYMENTS ACROSS NIGERIA Lagos, 3 September 2025 – FirstBank, the leading financial institution and provider of financial inclusion services in West Africa, has officially launched its FirstMonie Merchant Solution. This innovative ...
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The National Agency for Food and Drug Administration and Control (NAFDAC) on Friday sealed an illegal herbal medicine production facility in Kaduna State The affected facility, known as SHIFA’UNNUR, is located in Mararaba Jos, Igabi Local Government Area of the state. ...
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Nigeria’s diaspora remittances surged by 200 percent to $600 million in the past two months The Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, who revealed this yesterday also said that Nigeria’s foreign exchange profile is witnessing a ...
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FIRSTBANK’S ₦1 TRILLION DIGITAL LOAN DISBURSEMENT MILESTONE AND THE NEW ERA OF INCLUSIVE LENDING IN NIGERIA For decades, Nigeria’s credit system posed significant challenges for small businesses and low-income earners, who often struggled to qualify for loans. Traditional ...
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Nigerian industrialist Aliko Dangote has once again been named the richest Black billionaire in the world, leading Forbes’ 2025 list of 23 Black billionaires with a net worth of $23.9 billion As founder and chairman of Dangote Cement, Africa’s ...
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A Federal High Court in Lagos on Wednesday remanded Ifunanya Phil-Olumba in the Kirikiri Correctional Centre over allegations of falsely declaring and failing to declare foreign currency totaling $14,567, £1,030, and CA$40 at the Murtala Muhammed International Airport. The ...
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FirstBank Agric and Export Conference: Charting a New Course for Non-Oil Exports Lagos, 11 August 2025 – FirstBank, the premier West African financial institution and financial inclusion service provider is proud to announce the 2025 edition of the FirstBank ...
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The Federal Government has indicated plans to revive all moribund steel companies in the country, more than two decades after a failed privatisation drive left once-thriving plants across Nigeria in ruins. It stated that the resuscitation of steel assets, ...
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Liberia says it is set to partner with Jigawa State government on rice farming to boost domestic production, reduce importation, and enhance food security in the West African region. This came to light when the Deputy Minister of Agriculture ...
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Justice Rahman Oshodi of the Lagos State Special Offences and Domestic Violence Court, Ikeja, has struck out a N60bn fraud case against former Managing Director of the Asset Management Corporation of Nigeria, Ahmed Kuru, following the Federal Government’s decision ...
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The Federal Government has commenced the rollout of a national Electronic Fiscal System to modernise Nigeria’s tax administration, curb evasion, and enhance transparency in revenue collection. The Federal Inland Revenue Service said the EFS, which incorporates an electronic invoicing ...
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Refineries in India are buying Nigerian crude while the country’s Dangote Petroleum Refinery is largely running on American oil, The PUNCH reports. In a twist that underscores the complexities of global oil trade, India’s state refiners are snapping up ...
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FirstBank Champions Inclusive Fintech Innovation at Canada-Africa Fintech Summit (CAFS 2025) Lagos, 9 August 2025 – FirstBank proudly sponsored the recently held Canada-Africa Fintech Summit (CAFS 2025), which took place from August 5–8 at the Sheraton Centre in Downtown ...
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The price of gold on the US futures market hit a record high on Friday following a report by the Financial Times that Washington was imposing tariffs on some bullion bars. The FT said gold bars weighing one kilogram ...
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Foremost Economist and Chief Executive Officer of Financial Derivatives Company (FDC), Mr. Bismark Rewane, has said the Federal Government should have sold the government-owned refineries to the Dangote Industries Limited He said Nigeria would have saved billions of dollars ...
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WhatsApp has taken down 6.8 million accounts linked to scammers targeting people around the world in the first half of this year, its parent company Meta says Many were tied to scam centres run by organised criminals in South East ...
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The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (petrol) just 48 hours after it was hiked across its retail outlets As reported by Daily Post, the price has been brought down to ...
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