March 2026 – Page 148

C’River North Stakeholders Rally Support For Otu, Jarigbe

16.03.2026

A bi-partisan forum of Cross River North indigenes in the Federal Capital Territory (FCT) has thrown its weight behind the reelection of Governor Basset Otu,and Senator representing the Senatorial district, Agom Jarigbe. The stakeholders made the declaration yesterday in a release signed by the Governor’s Liaison officer ((House of Assembly), Cynthia Nkasi. According to Nkasi,...

Access Bank pushes for smoother intra-African trade flows

16.03.2026

The Group Managing Director and Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, issued a clarion call for urgent, collaborative action to dismantle the structural bottlenecks that continue to impede commerce across the continent. Addressing an assembly of policymakers, financiers, and business leaders, Mr Ogbonna emphasised that while Africa possesses immense market potential, its...

Otti approves 100 hectares for Air Force base in Abia

16.03.2026

The Abia State Governor, Dr Alex Otti, has approved 100 hectares of land within the Abia Airport Project Site for the Nigerian Air Force to build its training base in Abia State. The Chief Press Secretary to the Executive Governor of Abia State, Ukoha Njoku Ukoha, disclosed this in a recent statement obtained by The...

LAWMA Arraigns Seven for Allegedly Assaulting Operatives

16.03.2026

The Lagos Waste Management Authority has arraigned seven suspects before the Special Offences (Mobile) Court sitting in the Ikeja Magisterial District for allegedly assaulting its enforcement operatives. The defendants, according to a LAWMA statement on Wednesday, were Olamilekan Abdullahi (21), Akeem Olamilekan (24), Frank Tom (25), Sakiru Jamiu (20), Emmanuel Abiodun (41), Olarewanju Onyowale (35)...

Business

Zenith Bank & Visa launch new Visa Signature Card

16.03.2026

Zenith Bank has officially partnered with Visa to introduce the Visa Signature Card, a premium payment product meticulously designed to serve affluent customers with enhanced global lifestyle benefits, travel privileges, and exclusive merchant offers. The General Manager of the Retail Group at Zenith Bank, Emmanuel Oladimeji, said at the official unveiling in Lagos that the...

Women are a strategic arm shaping the financial system

16.03.2026

A Non-Executive Director of FirstBank, Tope Omage, has described the FirstBank Women Network as a “structured sisterhood” that serves as a vital strategic pillar in the evolution of Nigeria’s financial services industry. Speaking at the bank’s 2026 International Women’s Day celebration in Lagos, Ms Omage asserted that women are no longer just participants in the...

Stronger AML Compliance for Nigeria’s Fintech Growth

16.03.2026

Rapid fintech expansion in Nigeria is heightening regulatory scrutiny, as authorities push for stronger anti-money laundering compliance to safeguard the financial system, JUSTICE OKAMGBA reports Banks, mobile money operators, international money transfer operators, and other financial institutions in Nigeria are now required to deploy automated anti-money laundering systems under new baseline standards introduced by the...

Nigerian Exchange Gains Push Market Cap to N127.36tn

16.03.2026

Market capitalisation on the Nigerian Exchange hit N127.36 tn as the market closed the week ending Friday on a positive note. The NGX All-Share Index appreciated 0.73 per cent to settle at 198,407.30 points, driven by investor bargain-hunting despite fluctuations in trading volume. Over the course of the week, a total of 3.321 billion shares...

Deap Capital secures approval for recapitalisation plan

16.03.2026

Deap Capital Management & Trust Plc has officially cleared the path for a major corporate transformation, receiving unanimous shareholder approval to proceed with a comprehensive recapitalisation and strategic repositioning plan. The approval, granted during the company’s 12th Annual General Meeting held in Lagos, marks a turning point for the firm as it pivots to become...

Mixed Auction Results Weigh on Nigerian Fixed-Income Market

16.03.2026

The Nigerian fixed-income market experienced a challenging week, characterised by persistent bearish sentiment and cautious investor activity across both primary and secondary market segments. Market participants continued to navigate a complex environment defined by domestic liquidity fluctuations and external global pressures. Reflecting on the current market stance, analysts at Meristem Securities noted that “investors remain...