Author: Ifetayo Adeniyi

NDA commences admission into 78 Regular Course Friday File photo: Nigeria Defence Academy The Nigerian Defence Academy has announced the commencement of online applications for admission into its 78 Regular Course, opening on Friday, November 28, 2025, and closing on April 30, 2026. The announcement was made in a statement issued on Wednesday by the Academy Registrar, who said the application is open to eligible male and female Nigerians. According to the statement, prospective candidates are required to visit the application portal at www.ndaapplications.net to purchase an access code and complete their registration. “Candidates should log on to the…

FairMoney Introduces Initiative for Nigerian Professionals FairMoney, a leading Microfinance Bank in Nigeria, has launched FlexiCredit, a premium credit line that provides eligible users with up to N5 million in available credit whenever they need it. FlexiCredit offers lifetime access through a single application and is built around simplicity, transparency, and complete user control. Speaking at the launch, Head of Marketing at FairMoney, Margaret Banasko, said: “FlexiCredit was created for the modern Nigerian professional who values speed, clarity, and control. You only pay interest when you use your limit, and once you pay your minimum due, access is instantly restored.…

Dangote Group Contracts SAIPEM, EIL, Others For Fertiliser Expansion In Nigeria, Ethiopia SAIPEM SIGNING: Vice President, Oil and Gas, Dangote Industries Limited, Devakumar Edwin; President and Chief Executive of DIL, Aliko Dangote; Chief Operating Officer of Saipem’s Energy Carriers Line, Botta Fabrizio; and Managing Director of Saipem India Projects, Villa Stefano, during the signing of a partnership agreement in India on Wednesday, November 26, 2025. Dangote Group is pleased to announce a series of strategic technical partnerships to support the next phase of expansion of its fertiliser operations in Nigeria, as well as the development of new fertiliser plants in…

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…