By Ayomide Otitoju Wema Bank Plc has announced the ninth anniversary of ALAT by Wema, Africa’s first fully digital bank, highlighting nearly a decade of innovation in Nigeria’s financial services sector. Launched in 2017, ALAT was introduced to address inefficiencies associated with traditional banking, including long queues, physical limitations, and slow transaction processes. The platform…
By Ayomide Otitoju Nollywood actors Lateef Adedimeji and Adebimpe Oyebade have announced the birth of their triplets, nearly five years after their widely celebrated wedding in 2021. The couple, known for maintaining a relatively private personal life despite their prominence in the Nigerian film industry, revealed on Friday that they had welcomed three baby boys….
The U.S. Food and Drug Administration has proposed removing key active ingredients used in popular obesity and diabetes treatments from its bulk drug substances list, a move that would further limit the ability of outsourcing facilities to produce compounded versions of such medications. In a statement, FDA Commissioner Marty Makary said the proposal aligns with…
By Ayomide Otitoju Babajide Sanwo-Olu has approved a ₦50,000 salary support for all Lagos State workers for the month of May 2026, as part of measures to cushion the impact of economic hardship and rising fuel costs.The governor announced the intervention at the 2026 International Workers’ Day celebration held at the Mobolaji Johnson Arena, where…
By Ayomide Otitoju The nomination of Joseph Olasunkanmi Tegbe as Minister of Power by President Bola Ahmed Tinubu has continued to attract positive reactions from stakeholders across Nigeria’s business and policy sectors, with many describing it as a strategic move to reposition the country’s electricity industry. Tegbe, who currently serves as Director-General of the Nigeria–China…
By Ayomide Otitoju MTN Group has reaffirmed its commitment to youth engagement and digital empowerment following its involvement in “The Gathering on 100,” a 100-hour creativity and innovation showcase driven by young Nigerians. The initiative, held under MTN’s “Year of the Youth” focus, brought together ideas, performances, pitch sessions, and creative expression across fashion, technology,…
By Ayomide Otitoju Nigerian Exchange Limited-listed telecom operator has released its financial results for the first quarter ended March 31, 2026, reporting a strong start to the year driven by increased infrastructure investment. The company disclosed that capital expenditure rose by 92.89 per cent to ₦390.3 billion in Q1 2026, up from ₦202.4 billion recorded…
By Ayomide Otitoju JMG Limited has marked the 2026 International Workers’ Day by celebrating its workforce, describing employees as the driving force behind its innovation, operational excellence, and sustained growth. In a statement, the company aligned with the global recognition of labour, highlighting the critical role of skills, dedication, and collaboration in delivering impact across…
By Ayomide Otitoju Jamara Home has marked the 2026 International Workers’ Day by celebrating the contributions of its workforce, acknowledging their role in driving the company’s growth and presence in Nigeria’s home and lifestyle industry. In a statement, the company recognised employees across its operations—including customer experience teams, sales staff, warehouse operators, installers, technicians, and…
