Wema Bank will sponsor concerts featuring musician Davido across five Nigerian cities between October and December 2025. The financial institution arranged stadium performances in Akwa Ibom, Adamawa, Enugu, Ibadan, and Lagos as part of the 5ive Alive Tour planned for year-end celebrations. Bank officials promoted the events under the hashtag Wema5iveAliveTour while promising special benefits…
Nigeria will spend 220 million dollars creating employment for graduates through partnerships with the European Union and the United Nations Development Program. Vice President Kashim Shettima launched the second phase of the Jubilee Fellows Program on Wednesday at the presidential complex in Abuja, connecting qualified young people with companies across the agriculture, technology, and manufacturing…
FirstBank added a Pan-African payment system to its LIT mobile application that lets users transfer money across the continent without converting to foreign currency. The platform connects with infrastructure built by the African Export-Import Bank to process transactions in local currencies between participating nations. Group Executive Chuma Ezirim said the bank wants to expand digital…
Nigeria will upgrade seaports beyond Lagos through a procurement process that began this year to balance maritime infrastructure development across the nation. Marine and Blue Economy Minister Adegboyega Oyetola announced the expansion plans on Wednesday at a logistics conference in Lagos, while federal authorities advance a one billion dollar Lagos port modernization already approved by…
Business leaders will gather on Thursday, October 30, 2025, at Eko Hotels in Lagos to discuss private sector engagement with the African Continental Free Trade Area. The NEPAD Business Group Nigeria organized the forum to address trade expansion and industrial growth across the continent amid international economic uncertainty. Participants from government offices, banks, commerce associations…
Airtel Africa identified artificial intelligence, industry partnerships, and data centers as essential components for expanding digital services across the continent. Chief Executive Sunil Taldar told attendees at a technology conference on Wednesday in Kigali that telecommunications companies must shift focus from basic connectivity toward systems that generate economic value. The mobile operator plans to build…
Nigeria has asked the United Nations to help secure affordable financing to address humanitarian crises affecting millions of displaced citizens. Budget Minister Abubakar Bagudu told officials on Wednesday that 10 billion dollars borrowed at 4 percent interest could fund relief programs while creating economic opportunities for people forced from their homes. He said Nigeria must…
Business leaders and sustainability experts met on Tuesday in Lagos to launch the 2025 Private Sector ESG Forum ahead of two major events scheduled for late October. The gathering preceded an ESG Masterclass set for the 28th and the main forum planned for the 29th. Organizers focused discussions around energy security and decarbonization while addressing…
An 18-year-old Nigerian has become one of the youngest people to earn a commercial pilot license from the United States Federal Aviation Administration. Mohammed Aminu Sani finished his training at Phoenix East Aviation in Daytona Beach, Florida, passing all evaluations without failure across 10 months of study. He completed more than 50 hours flying multi-engine…
The Nigerian National Petroleum Company Limited generated 4.26 trillion naira in revenue and earned 216 billion naira in profit after tax for September 2025. The state oil company pumped 1.61 million barrels per day of crude oil and condensate, slightly below the August 2025 figure of 1.64 million barrels daily. Industry analysts attribute this minor…
