CBN Withdraws Licenses of Aso Savings, Union Homes over Capital Breaches

The Central Bank of Nigeria (CBN) has revoked the operating licenses of two mortgage lenders, Aso Savings and Loans Plc and Union Homes Savings and Loans Plc, over violations of capital and prudential requirements.

NLNG appoints Adeleye Falade as next Managing Director as Philip Mshelbila takes a bow

Nigeria LNG Limited (NLNG) on Friday held a symbolic send-off ceremony in Abuja to mark the end of the tenure of its Managing Director and Chief Executive Officer, Philip Mshelbila, concluding more than four years of what the company described as transformative leadership.

WhatsApp Introduces Ads to Status and Channels While Keeping Chats Private

WhatsApp has begun rolling out advertising across its Status and Channels features, marking a significant shift for one of the world’s most widely used messaging platforms. The move represents WhatsApp’s first introduction of sponsored content, years after its acquisition by Meta, while preserving its long-standing promise that private conversations will remain free of adverts.

Fidelity Bank to Restrict Accounts Without NIN or TIN from January 2026

Fidelity Bank has announced that from 1 January 2026, customers whose accounts are not linked to either a Tax Identification Number (TIN) or a National Identity Number (NIN) may face restrictions on transactions, as Nigeria moves to tighten tax and identity compliance within the banking system.

Emirates unveils collectible amenity kits spotlighting endangered wildlife

Emirates has introduced a new collection of complimentary amenity kits for Premium Economy and Economy Class passengers on long-haul flights worldwide, reinforcing its commitment to wildlife conservation and sustainable travel. Rolling out onboard from December, the keepsake kits are designed to raise awareness of some of the world’s most endangered species.

Cambridge, HP Open Applications for New EdTech Fellowship in Middle East and North Africa

Cambridge University Press & Assessment and HP Inc. are calling on education leaders across the Middle East and North Africa to apply for a new EdTech Fellowship aimed at accelerating digital innovation in schools.

Africa Finance Corporation Secures Record US$524m Samurai Loan to Boost Infrastructure Investment

Africa Finance Corporation (AFC) has secured its largest-ever Samurai loan, raising a record US$524 million equivalent in a dual-currency facility as demand from Japanese lenders surged.

FBNQuest Merchant Bank Confirms New Owners as It Positions for Next Phase of Growth

FBNQuest Merchant Bank has announced the completion of its ownership transition, marking its divestment from First HoldCo Plc and acquisition by EverQuest Acquisition LLP, a consortium led by Custodian Investment Plc.

Wise Secures Green Light to Launch Low-Cost Money Transfer Services in South Africa

Wise has received conditional approval to begin operating in South Africa, paving the way for the global fintech firm’s first market entry in Africa.

Scottish FA Strikes Landmark Deal to Rename Hampden as Barclays Hampden

Hampden Park is to be renamed Barclays Hampden after the Scottish FA (SFA) agreed a multi-million-pound naming rights deal with Barclays, the first in the national stadium’s history.

TotalEnergies to Transfer 40% Stake in Nigerian Offshore Licences to Chevron in New Exploration Push

TotalEnergies has reached an agreement to sell a 40% interest in two offshore exploration licenses in Nigeria to Chevron, in a move the French energy major says will strengthen strategic collaboration between the companies.

Epica Awards Unveil 2025 Shortlist as Global Jury Recognises Outstanding Creative Work

The Epica Awards has revealed its shortlist for 2025, following an extensive review carried out in recent days by a jury of editors and journalists from around the world. The organisation notes that this global panel not only evaluates entries but also offers valuable PR exposure to all participants.

FG Gold, AFC and Afreximbank Seal US$330m Funding Deal to Advance Sierra Leone’s Baomahun Gold Mine

FG Gold Limited (FG Gold) has reached financial close and made its first drawdown on a US$330 million senior debt package from Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), securing the development of Sierra Leone’s flagship Baomahun Gold Project.