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NICA CONFERS FELLOWSHIP ON POLARIS, UNION BANK CEOs

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  PRESS RELEASE  NICA Confers Fellowship on Polaris, Union Bank CEOs, Kayode Lawal, Yetunde Oni, and Other Financial Sector Leaders L–R: Kayode Lawal, Managing Director/CEO, Polaris Bank, receives the Professional Fellowship certificate from Dr. Markie Idowu, President of the Nigerian Institute of Credit Administration (NICA), during the Institute’s investiture ceremony. The National Institute of Credit Administration (NICA) has conferred its prestigious Fellowship on the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, alongside other distinguished leaders across Nigeria’s financial and corporate landscape, at an investiture ceremony held at the Muson Centre, Lagos. Yetunde Oni                                                            Managing Director/CEO, Union Bank Also honoured at the ceremony was th...

AHEAD 2027 ELECTIONS: ANY MERGER NEGOTIATIONS WITH KWANKWASO ON OUR BEHALF IS VOID- NNPP

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  2027 Merger negotiations with Kwankwaso led Kwankwasiya movement on our behalf is void -NNPP Dr Boniface Okechukwu Aniebonam                Founder/ Chairman,Board of Trustees, NNPP The New Nigeria Peoples Party (NNPP) have warned political parties against alleged Merger negotiations with its 2023 presidential candidate, Sen. Rabiu Kwankwaso, in the build up to the 2027 elections, insisting he is not its member.  The party's Founder and Chairman, Board of Trustees, Dr Boniface Aniebonam made this known on Sunday in a statement in Lagos. Aniebonam stated that while he holds no grudges against Kwankwaso and members of his Kwankwasiya Movement, including Elder Buba Galadimma, who were expelled from its fold, it is pertinent to stop merging parties from mistakes of assuming they are dealing with the NNPP. "While we watch situations unfold and ongoing Merger talks, we are not interested in mergers of any sort to fight personal differences o...

UNION BANK RESPONDS TO CARDOSO’S REMARKS AT MPC MEETING

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  Union Bank responds to Cardoso’s remarks at MPC meeting with calm assurance Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of Nigeria's (CBN) 304th Monetary Policy Committee (MPC) press briefing. The bank's affirmation comes in the wake of Governor Olayemi Cardoso's clarification on the regulatory framework governing institutions under intervention while speaking on the complexities and structural considerations influencing the re- capitalisation timeline. According to the CBN Governor, institutions currently under regulatory oversight are subject to unique circumstances that necessitate a differentiated approach, distinct from those institutions that have had an extended period to prepare for re capitalisation. This clarification was made in direct response to queries raised by journalists seeking insight into the operational status of ...

FIDELITY BANK TO EMPOWER WOMEN WITH SUSTAINABLE ENTREPRENEURSHIP SKILLS WITH HAP 2.0

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  Press Release Fidelity Bank to Empower Women with Sustainable Entrepreneurship Skills with HAP 2.0 Leading financial institution, Fidelity Bank Plc, has announced the launch of the second edition of its flagship women-empowerment initiative, the HerFidelity Apprenticeship Programme 2.0 (HAP 2.0). Designed to equip women with practical, income‑generating skills and structured pathways to entrepreneurship; HAP 2.0 will build on the success of its inaugural edition held in 2023.    Osita Ede                                                                 Divisional Head, Product Development,           Fidelity Bank Speaking with journalists at a media chat to herald the launch of HAP 2.0, the Divisional Head, Product Development, Fidelity Bank Plc, Osita Ede, explained that the ini...

DRUG SMUGGLING AT SEME BORDER FOILED: DRUG FREE WORLD AFRICA COMMENDS NDLEA

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  Drug Free World Africa Commends NDLEA for Foiling Drug Smuggling at Seme Border Drug Free World Africa has commended the operatives of the National Drug Law Enforcement Agency (NDLEA) for the arrest of a woman who attempted to smuggle tramadol by concealing the illicit substance beneath a simulated pregnancy at the Seme Border. In a video currently circulating on social media and monitored by Drug Free World Africa Media, the suspect confessed to transporting the consignment from Kano State to the Republic of Benin. She further alleged that her involvement in the drug trafficking operation was facilitated by her cousin, who introduced her to the network responsible for the crime.            Dr. Lina Okereke                                                   Country Representative            ...

STERLING HOLDCO Commences ALLOTMENT OF PUBLIC OFFER SHARES … ACHIEVES 109.8% SUBSCRIPTION

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  PRESS RELEASE Sterling HoldCo Commences Allotment of Public Offer Shares … Achieves 109.8% Subscription Lagos, Nigeria: Sterling Financial Holdings Company Plc ("Sterling HoldCo" or "the Group") has announced the commencement of the allotment process for its 2025 Public Offer of 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share.  This follows the earlier receipt of final approval from the Central Bank of Nigeria (CBN) and the recent clearance by the Securities & Exchange Commission. The allotment process, which begins immediately, marks the continuation of a disciplined, multi-year capital-raising programme that has positioned the Group as one of the fastest-growing financial institutions in the region. The Public Offer, which opened on September 15, 2025, attracted strong participation from the investing public, with the Company receiving 18,280 applications for 16,839,524,401 ordinary shares valued at approximately ₦117.88 billion.  Following...

POLARIS BANK LAUNCHES GLOBAL GIFT CARD FEATURE ON VULTe

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  Polaris Bank Launches Global Gift Card Feature on VULTe Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds. Designed for speed, security, and everyday relevance, the feature allows users to choose from a wide range of international and local brands spanning groceries, beauty and wellness, fashion, electronics, entertainment, gaming, and lifestyle services, all seamlessly accessible on VULTe. Whether it is paying for a Netflix subscription in London, sending Spotify Premium to a friend in Accra, gifting a Starbucks coffee in New York, or helping a loved one shop at Amazon or Shoprite, VULTe’s Gift Card feature transforms digital transfers into meaningful real world experiences, powered by Polaris Bank’s secure digital i...