Kunle Awosika

Wema Bank, Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has announced that it will be completing its capital raise through a combination of a Rights issue and Special placement exercise set to go live on April 1, 2025, with the goal of raising N200 billion in fresh capital. This would mark the second and final tranche of the Bank's capital raise exercise, supplementing the N40 billion raised in the first tranche, and ensuring the Bank surpasses the CBN minimum requirement for national banking authorization. 

Moniepoint Microfinance Bank (MMB) is grappling with a significant security breach, as suspected fraudsters have reportedly stolen N1.1 billion from customers' accounts. The bank, which had previously assured customers in April 2024 that it had bolstered its security measures, is now facing mounting questions over the safety of depositors' funds.

Former member of the Lagos State House of Assembly, Dr Oluyinka Ogundimu has sent a message of congratulations to the newly appointed Managing Director of the Nigeria Railway Corporation (NRC), Dr Kayode Opeifa.

All roads lead to March 2025. In the third month of the new calendar year, a grand new spectacle is set to unfold as the National Sports Commission (NSC) partners with Practagali Limited to host the maiden edition of the South West Games 2025.

Heirs Insurance Group, Nigeria's fastest-growing insurance Group, has rolled out a project to empower underserved communities with the training and benefits inherent in upcycling, as part of its sustainability goals.

The Economic and Financial Crimes Commission (EFCC) on Monday, January 20, 2025, arraigned Ahmed Kuru, the former Managing Director of the Assets Management Corporation of Nigeria (AMCON), and four other individuals for allegedly defrauding Arik Air to the tune of N76 billion and $31.5 million.

The embattled former Speaker of the Lagos State House of Assembly, Mudashiru Ajayi Obasa, made a quiet return to Abuja Sunday evening, fueling speculation about his desperate bid for reconciliation and a political lifeline.

In the wake of recent controversies, FirstBank of Nigeria Limited sets the record straight on its ongoing legal tussle with General Hydrocarbons Limited (GHL), underscoring its unwavering commitment to integrity and top-tier banking services.

Conference 57 APC LGA party chairmen,Lagos State has congratulated the newly elected Speaker of the Lagos State House of Assembly,Hon.Mrs Mojisola Lasbat Meranda.

Guaranty Trust Holding Company Plc (“GTCO Plc” or the “Group”) (NGX: GTCO) is pleased to announce the successful completion of the first tranche of its equity capital raise programme, following the completion of the capital verification exercise conducted by the Central Bank of Nigeria (CBN) and the approval of the Basis of Allotment of the Offer by the Securities and Exchange Commission (SEC).