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Mastercard to acquire stablecoin firm BVNK for $1.8bn

18.03.2026
Global payments giant Mastercard has reached an agreement to acquire stablecoin infrastructure provider BVNK in a deal valued at up to $1.8bn, as the company deepens its push into digital assets and blockchain-based payments. The agreement, announced on Tuesday, includes up to $300m in contingent payments and is expected to close before the end of...
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Whitecrust appoints Ademola Ajibade as new CFO

18.03.2026
Whitecrust Investment has appointed Ademola Ajibade as its new Chief Financial Officer, strengthening the firm’s executive leadership team as it accelerates its expansion in digital and retail financial services. Ajibade, a seasoned finance professional with over 20 years of experience in commercial and microfinance banking, is set to oversee treasury management, budgeting, and financial reporting...
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AI-Driven Financial Crime Detection for Banks

18.03.2026
Smartcomply, an international compliance and cybersecurity technology company with deep roots across Africa, announced that its AI-powered Adhere platform is helping banks and financial institutions detect and prevent financial crime in real time. The platform, designed for African regulatory environments, provides end-to-end automated solutions for anti-money laundering, know-your-customer, customer due diligence, sanctions and politically exposed...
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Schneider Electric Deploys Solar Power in Lagos School

18.03.2026
Schneider Electric Nigeria has deployed a smart solar power system in Ikeja Central Grammar School, bringing reliable and sustainable electricity to over 500 students and teachers. The project is part of Schneider Electric’s global Access to Energy initiative, which seeks to expand electricity access to underserved communities and essential services, including education and healthcare. The...
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New Horizons Opens Tech Hub for Digital Skills Training

18.03.2026
new Horizons Nigeria on Tuesday said it has launched a new retail technology hub in Akute, Ogun State, expanding access to digital skills training for residents in the fast-growing suburban communities bordering Lagos. The centre is expected to serve learners and professionals across Akute, Alagbado, Ajuwon, Matogun, Lambe, Ojodu-Berger, Isheri, Giwa, Iju-Ishaga, Ishasi and Oke-Aro,...
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iCentra CEO Taopheek Babayeju joins CIBN ranks

18.03.2026
The Chief Executive Officer of iCentra and Group Chief Executive Officer of CellBourn Holdings, Taopheek Babayeju, has been inducted as a chartered banker by the Chartered Institute of Bankers of Nigeria, joining over 2,000 professionals inducted nationwide on March 14, 2026. A statement from the firm on Tuesday stated that the induction ceremony, themed “Smarter...
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BOI, MTN launch N1bn fund for women entrepreneurs

18.03.2026
The Bank of Industry and the MTN Foundation have unveiled a N1bn matching fund to empower female entrepreneurs, with a focus on providing equipment financing to help 200 women scale their businesses. The fund was launched at the official unveiling of the BOI–MTN Foundation Y’ellopreneur 3.0 Matching Fund held in Lagos on Tuesday. Chairman of...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024
Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024
The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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