By Ayomide Otitoju Africa Finance Corporation (AFC), Africa’s leading infrastructure solutions provider, has had its long-term issuer credit rating of A3 reaffirmed by Moody’s Investors Service, maintaining the rating first assigned in 2014 for over a decade. The rating comes with a stable outlook, while AFC’s short-term issuer rating was affirmed at P-2, highlighting the…
By Ayomide Otitoju Ecobank Nigeria, a subsidiary of the pan-African banking group, has unveiled its upgraded mobile app, offering customers a faster, smarter, and simpler banking experience nationwide. The enhanced app features a modern design and upgraded functionalities, including advanced facial recognition, seamless bill payments, airtime top-ups, and QR code payments—designed to make banking more…
By Ayomide Otitoju In today’s digital landscape, former employees retaining access to company systems—sometimes months after leaving—pose a serious cybersecurity risk, experts warn. A recent study reveals that 89% of ex-employees keep valid logins, while 45% maintain access to confidential company data, with nearly half admitting to continuing system access after departure. Known as “shadow…
By Ayomide Otitoju The West African Development Bank (BOAD) has strengthened its financing capacity by expanding its sovereign portfolio credit-insurance policy, initially signed in June 2023, to XOF 297.6 billion (approximately EUR 454 million). The policy, underwritten by a consortium of leading private insurers, forms a key component of BOAD’s strategic plan, Plan Djoliba, aimed…
By Ayomide Otitoju Rite Foods Limited, a leading Nigerian food and beverage company, has reinforced its commitment to youth mentorship through a partnership with Women in Management, Business and Public Service (WIMBIZ) for the 2025 edition of the WIMBIZ Big Sister Programme, held at Majidun Senior Grammar School, Ikorodu. The programme, a flagship WIMBIZ initiative,…
By Ayomide Otitoju Fidelity Bank Plc recently held a black-tie dinner to celebrate the retirement of Professor Benedict Okechukwu Oramah, outgoing President and Chairman of the African Export-Import Bank (Afreximbank), marking ten years of transformative leadership. The event, themed “Celebrating a Titan,” took place on Thursday, 2 October 2025, at the Lagos Continental Hotel and…
By Ayomide Otitoju Canon has unveiled the Colorado XL-series, a new platform of 3.4m large-format printers that brings the advantages of its UVgel technology to the 3.2m graphics market. Designed for both hybrid and roll-to-roll applications, the modular and field-upgradable series offers versatility and high productivity across a wide range of media, including signage, décor,…
By Ayomide Otitoju The price of refilling a 12.5kg cylinder of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has surged to ₦25,000 this week from ₦17,500 the previous week, reflecting a sharp rise driven by supply disruptions and market imbalances. Checks by Vanguard revealed that the retail price of 1kg of LPG now…
By Ayomide Otitoju Polaris Bank has reiterated its commitment to delivering exceptional customer experiences as it joins organisations worldwide to celebrate the 2025 Customer Service Week, themed “Mission: Possible.” The annual global event, which runs from Monday, October 6 to Friday, October 10, honours customer service professionals and their vital contributions to business success and…
