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Finance

Union Bank completes merger with Titan Trust Bank

Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central…

AyobamiBlog September 1, 2025
Finance

World Bank approves $300 million loan for Internally Displaced Persons in Nigeria 

The World Bank has approved $300 million in financing to help Nigeria strengthen resilience and expand access to essential services for Internally Displaced Persons (IDPs) and their host communities in…

Esther August 11, 2025
Finance

Oando Plc Proposes N500 Billion Capital Raise, $300 Million Debt Conversion, and $1.5 Billion Funding Programme

Oando Plc has unveiled an ambitious suite of capital-raising proposals ahead of its 46th Annual General Meeting on August 11, 2025. Subject to shareholder approval, the energy conglomerate aims to…

Esther July 22, 2025
Finance

SCUML Seals Kaduna Hotel for Breaching Money Laundering Act

The Economic and Financial Crimes Commission (EFCC), through its Special Control Unit Against Money Laundering (SCUML) in Kaduna, has sealed Hampton Hilton Hotel and Apartments for violating the Money Laundering…

Esther July 16, 2025
Finance

FirstBank unveils advanced facial biometric technology for secure mobile banking 

FirstBank of Nigeria has launched a groundbreaking facial biometric feature on its FirstMobile app, enabling customers to register and activate their devices seamlessly without needing a debit card. The advanced…

Esther July 14, 2025
Finance

Kuda processes N14.3 trillion in transactions in Q1 2025 

Nigeria’s leading digital bank, Kuda Technologies, has announced that it processed a staggering N14.3 trillion worth of transactions across over 300 million dealings in the first quarter of 2025. Although…

Esther July 8, 2025