Quest Merchant Bank Limited has secured an upgrade of its national scale issuer ratings to BBB+(NG) and A2(NG), following a ratings review by GCR Ratings that also revised the Bank’s outlook from Stable to Positive.
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Wednesday, 21 October 2026
Nomba Expands Cross-Border Payments to Zambia Along $1.2bn DRC Trade Corridor
Nomba, a business banking and financial infrastructure platform, has expanded its cross-border payment services from the Democratic Republic of the Congo (DRC) into Zambia through licensed local partners, strengthening its ambition to build a Pan-African business banking platform.
LG Electronics and Golden Penny Launch ‘Fill Up’ Promotion for Nigerian Households
LG Electronics has partnered with Golden Penny to launch the ‘Fill Up’ promotion, offering Nigerian consumers free Golden Penny food products when they purchase selected LG refrigerators and freezers.
Fearless Energy Drink Celebrates Boldness and Self-Expression at Felabration 2026 Finale
Fearless Energy Drink, the official energy drink of Felabration 2026, brought its signature spirit of boldness and self-expression to the festival’s grand finale, with rap battles, dance challenges and live performances celebrating the creativity and individuality shaping Nigeria’s music culture.
Wednesday, 14 October 2026
NVIDIA Pledges $250 Million to Support UK AI Safety Research
NVIDIA has pledged $250 million in computing resources over five years to support artificial intelligence (AI) safety research in the United Kingdom, helping researchers test advanced AI systems, strengthen security and develop safeguards as the technology becomes increasingly capable.
Cascador, Sterling Bank Launch $200m SME Credit Backstop Fund in Nigeria
Cascador and Sterling Bank have announced a $200 million SME Credit Backstop Fund aimed at expanding access to growth capital for Nigerian small and medium-sized enterprises (SMEs) ready to take on debt. The independent platform is designed to provide a credit-risk backstop to participating finance partners, with the potential to support up to $1 billion in outstanding lending.
BIGI Supports Emerging Music Talent at FUNAAB Through Soundcity OnTour 2026
Fadina Segun Samson, popularly known as SEGZY, has won the BIGI Music Competition at the Federal University of Agriculture, Abeokuta (FUNAAB), during the 2026 edition of Soundcity OnTour, as emerging Nigerian artistes showcased their talents in a three-day celebration of music and entertainment.
Helios Sports and Entertainment Group Targets Africa’s $20bn Sports Economy
Nigeria’s sports economy is attracting increased commercial interest, with more than ₦50 billion in private-sector investment flowing into the sector in 2025 as global demand for African sports and entertainment grows alongside the continent’s young, digitally connected population and rising pool of athletic talent.
Alpha Morgan Bank Relocates Head Office to Lagos, Signals New Phase of Growth
Alpha Morgan Bank Limited has relocated its head office from 44 Adetokunbo Ademola Crescent, Wuse II, Abuja, to 52 Adetokunbo Ademola Street, Victoria Island, Lagos, marking a new phase in the bank’s growth and nationwide expansion.
AREWA24 Launches ‘Uwa Da Da’ TV Show to Tackle Infant Mortality in Northern Nigeria
AREWA24, a Hausa-language family entertainment and lifestyle television network in Nigeria, has launched a new programme, ‘Uwa Da Da’, aimed at improving maternal, newborn and child health and helping to reduce infant mortality across northern Nigeria.
Fearless Energy Drink Returns as Sponsor of Felabration 2026
Fearless Energy Drink, a brand of Rite Foods Limited, has returned as the official energy drink sponsor of Felabration 2026, reaffirming its commitment to promoting creativity, individuality and self-expression among young Nigerians.
Meta, Google and Other Tech Giants Join Global Crackdown on West African Scam Networks
Meta and 14 other leading technology companies have joined law enforcement agencies from 10 countries in a major operation to disrupt criminal scam networks operating in West Africa and targeting victims worldwide.
Monday, 12 October 2026
African Marketplace Dubai 2026 Opens to Boost African SMEs’ Global Export Opportunities
African Marketplace (AMP) Dubai 2026 has opened at Conrad Dubai with a call to turn Africa’s small and medium-sized enterprises (SMEs) into a global export powerhouse, highlighting the vast, largely untapped commercial potential of businesses that account for 90 per cent of the Afro-Caribbean productive sector.
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