FCMB completes N500bn recapitalisation, retains international license

FCMB Group Plc has completed the recapitalisation of its banking subsidiary, First City Monument Bank Limited, and has secured its international banking licence after obtaining all required regulatory approvals. The Group raised more than N400 billion through a series of transactions, including public equity offerings, a convertible instrument, and a minority divestment in one of its […]
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Carloha showcases Chery’s iCAUR V23 electric 4WD SUV with 5-star safety rating

By Theodore Opara As the global automotive industry accelerates toward electrification, a new generation of vehicles is emerging – combining advanced technology, bold design, and uncompromising safety. One of the most exciting entrants in this space is the iCAUR V23, a fully electric, retro-styled off-road SUV developed by Chery, which has recently achieved a prestigious […]

CBN and the imperative of expanding anti-money laundering systems

By OLUSEGUN RASAQ Banks, mobile money operators, international money transfer operators and other financial institutions in Nigeria are required to deploy automated anti-money laundering, AML, systems under new baseline standards issued by the Central Bank of Nigeria, CBN. The CBN under its Governor, Olayemi Cardoso has strengthened financial crime detection and compliance mechanisms across the sector. […]

Meet Okafor Chinenye, the innovator behind DiseaseScope

Okafor Ifeoma Chinenye, a public health expert and epidemiologist, has commented on DiseaseScope, a data-driven digital health platform, which has been developed to enhance health literacy and strengthen the disease awareness needed for early public health decision-making in Nigeria and beyond.

QNET Nigeria, LASCOPA partner to boost consumer awareness, protect buyers

By Juliet Umeh Direct selling company, QNET Nigeria, has reaffirmed its commitment to ethical business practices and consumer protection. The firm reiterated its stance during the World Consumer Rights Day, WCRD, event organised by the Lagos State Consumer Protection Agency, LASCOPA. Speaking on the sidelines of the event, General Manager of QNET Nigeria, Mr. Ayokunmi […]

Three-month health mission brings hope to Makoko residents

By Ifunanya Ndigwe Makoko residents in Lagos State are beginning to see the impact of a three‑month free medical outreach launched by Mater Africa ETS from Italy in collaboration with his Anonymous Association registered in Nigeria, in partnership with the Makoko Children Development Foundation School and Orphanage Home. Nearly 500 people have received medical care […]

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