CBN To Launch Digital Currency Before January 2022


The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a digital currency before the end of 2021. Muhammed disclosed this during a press briefing on the Bankers’ Committee meeting on Thursday. “As I said before the end of the year, […]

CBN Debunks Report on Planned Nationalisation of Unity Bank

The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium. Reacting to the report, the Acting Director, Corporate Communications Department, CBN, Osita Nwanisobi, described it as, “fake news” and should be discarded in its entirety He said: “The report […]

NYSC Members Win N10m Cash Prizes in Unity Bank Corpreneurship Challenge

No fewer than 30 winners have emerged in the fifth edition of Unity Bank Plc’s flagship business plan competition, Corpreneurship Challenge, which held across ten (10) states last week. The 30 winners who won cash prizes totalling N10 million emerged during the final business pitch in the fifth edition of […]

First Bank Clinches Another International Recognition; Ranked Second Most Admired Financial Services Brand in Africa


First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has been ranked the second ‘most admired financial services brand’ in Africa – for the second straight year – at the 2021 Brand Africa 100: Africa’s Best Brands Event, held on Africa day, 25th May 2021. Brand […]

GOtv Nigeria Remains Unmatched in Nigeria’s Digital Broadcasting Race

In just a decade, GOtv Nigeria has managed a feat that set the service provider apart from its peers in the industry – in a good way. The Digital Terrestrial Television (DTT) swooped into the broadcasting business ecosystem with an unprecedented investment in infrastructure to smooth its march to becoming […]

Again! First Bank Emerges Second ‘Most Admired Financial Services Brand’ in Africa


First Bank of Nigeria Limited has been ranked the second ‘Most admired financial services brand’ in Africa for the second consecutive year at the 2021 Brand Africa 100: Africa’s Best Brands Event. This was disclosed in a statement titled ‘FirstBank clinches another international recognition: Ranked second most admired financial services […]

“We Must Ensure That Young Ones Are Made & Not Erased”- Tony Elumelu Urges Africa’s Leaders

The Chairman of the United Bank for Africa (UBA) and Founder of the Tony Elumelu Foundation (TEF), Mr. Tony Elumelu, yesterday urged governments and business leaders in Africa to prioritise youth empowerment and job creation. He stated that by priotising youth empowerment and job creation, they will be able to […]

First Bank Introduces Generational Wealth Transfer Scheme, Calls It FBNQuest Trustees

FBNQuest Trustees, a subsidiary of FBN Holdings Plc has offered expert guidance on inheritance planning as an important requirement for successful wealth transfer. This is in line with its commitment to equip individuals with effective tools for generational wealth transfer. According to the company, through its Legacy Series, it aims […]