Author: Ifetayo Adeniyi

Money supply rises to N119tn in October CBN Governor, Olayemi Cardoso. Photo: CBN / X Nigeria’s broad money supply rose to N119.04tn in October 2025 from N117.78tn in September, according to new data published by the Central Bank of Nigeria. The increase amounted to N1.25tn, equivalent to 1.06 per cent, reversing the slowdown recorded a month earlier. Year-on-year, M3 (broad money supply) expanded by N11.04tn or 10.22 per cent from N107.99tn in October 2024, reflecting a continued build-up of liquidity in the financial system despite a tight monetary environment. The rise in October followed the Monetary Policy Committee’s decision in…

Stanbic IBTC Launches Digital Lending Suite To Enhance Access To Credit Stanbic IBTC Bank, a member of Standard Bank Group, has launched its Digital Lending Suite, an integrated platform that consolidates all the Bank’s retail loan offerings into one digital access point. The platform has products such as EZ Cash, Unsecured Personal Loan (UPL) and many more consumer loan options reflecting the bank’s commitment to simplifying borrowing and strengthening financial inclusion through technology. The Digital Lending Suite was developed in response to customers’ evolving needs for convenient, secure, and reliable credit solutions. By providing seamless access to multiple loan products…

As at now, 16 banks comply with CBN’s recapitalisation landmark — Cardoso As at now, 16 banks comply with CBN’s recapitalisation landmark. By the end of the latest meeting of the Monetary Policy Committee (MPC), CBN Governor Olayemi Cardoso announced that 16 Nigerian banks have now met the apex bank’s revised recapitalisation requirements a sign of growing compliance ahead of the March 2026 deadline. The 16-bank figure represents an improvement from earlier in 2025, when only 8 banks had met the threshold. The recapitalisation drive requires banks to raise their minimum paid-up capital depending on their licence type: for example,…

P+ Measurement Services Set to Host the 2025 AMEC Measurement Month, Advancing Conversations on PR Effectiveness and Accountability P+ Measurement Services, Nigeria’s leading independent media intelligence and PR measurement agency, will proudly host the 2025 edition of AMEC Measurement Month in Nigeria on Friday, November 28, 2025, from 12:00 p.m. to 2:00 p.m. (WAT) via Google Meet. Themed “From Outputs to Outcomes: Measuring What Matters,” this year’s event will convene leading professionals across communications, public relations, and media analytics to explore how brands and organizations can evolve from counting coverage to quantifying true impact. With an ever-growing demand for accountability…

inDrive Injects over 1Billion Naira Into Driver Welfare in 2025 as It Scales Loyalty, Safety and Rewards Initiatives Across Nigeria inDrive, the global mobility and urban services platform, has announced a landmark investment of over ₦1 billion in driver welfare initiatives across Nigeria in 2025, reinforcing its commitment to building a fairer, more supportive ride-hailing ecosystem. Throughout the year, inDrive introduced and expanded several programmes aimed at improving driver safety, increasing earnings, recognising performance, and strengthening long-term wellbeing. Major 2025 Driver Welfare Milestones In 2025, inDrive significantly strengthened its driver support ecosystem through a series of high-impact initiatives designed to…

Wema Bank, Davido Collaborate On 5ive Tour Across Nigeria’s Four Regions, Records Over 80,000 Attendance Wema Bank, Nigeria’s most innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT, has reinforced its influence in the entertainment space through a grand collaboration with Afrobeats superstar David Adeleke, popularly known as Davido, on the Nigerian leg of his 5ive Tour. The Nigerian edition of the tour, which hit its fourth stop on November 9, 2025, has so far drawn more than 80,000 attendees across four cities. Davido launched the 5ive Tour earlier this year to commemorate the release of his…

Tinubu eases transportation cost, launches electric tricycle, empowers youth Electric tricycles and motorcycles over 4,000 electric tricycles and motorcycles to beneficiaries at a ceremony held at Eagle Square, Abuja, said the launch of the President Bola Ahmed Tinubu on Wednesday launched the Electric Tricycle Empowerment Initiative, a programme of the Federal Ministry of Youth and Development designed to enable Nigerian youth to be self-employed and contribute to national development. Tinubu, who officially inaugurated the programme with the distribution of over 4,000 electric tricycles and motorcycles to beneficiaries at a ceremony held at Eagle Square, Abuja, said the launch of the…

To end preventable blindness in Nigeria, FG signs national eye-care MoU The Federal Government has taken a major step toward ending preventable blindness in Nigeria by signing a national eye-care Memorandum of Understanding (MoU) with global eye-health technology organisation Peek Vision. The move comes amid reports that more than 23 million Nigerians are living with some form of vision impairment. The partnership is designed to transform how millions of Nigerians with vision problems are identified, tracked, and connected to care. The agreement aims to address longstanding gaps in eye-care access, particularly in rural and underserved communities where avoidable blindness is…

Arrangements For FIFA World Cup 2026 Draw Confirmed With fewer than 200 days remaining until the kick-off of the expanded 48-team FIFA World Cup 2026™, the procedures for the highly anticipated Final Draw have been confirmed. On Friday, 5th December, coaches and officials from qualified nations, and those still vying for a spot, will gather at the prestigious John F. Kennedy Center for the Performing Arts in Washington D.C. to discover their group stage opponents. The draw will determine the pathways for the 12 unprecedented groups of four teams, with the ultimate goal of lifting the trophy in New York…

Insecurity: Tinubu declares nationwide security emergency, more recruit needed … demands urgent action. On the worsening security situation in the country, President Bola Tinubu on Wednesday, declared a security emergency and ordered the army and the police to recruit more personnel. The President also told the National Assembly to begin the process of reviewing the law so as to allow states willing to establish state Police to do so. President Tinubu in a statement he personally signed, directed the Department of State Services, DSS, to immediately deploy all the forest guards already trained to flush out the terrorists and bandits…