In today’s interconnected world, seamless cross-border payments are vital for economic growth, business expansion, and personal empowerment. For decades, millions of Africans faced steep barriers in sending or receiving money internationally: high fees, opaque exchange rates, and long delays that made transactions uncertain and costly. Whether they are students paying tuition abroad or traders settling import bills and families depending on remittances, these challenges have touched every layer of society. Africa’s fragmented payments landscape, marked by multiple currencies, varying regulations, and limited banking infrastructure, has long slowed financial inclusion. In this system, a trader in Lagos might wait weeks for…
Author: Oluwatoyin Mathnuel
By Chinedu Nsofor On Tuesday, popular Nigerian prophet, Primate Elijah Ayodele, shared a statement regarding the threat issued by President Donald Trump to invade Nigeria with military troops over reports of Christian genocide in the country. Primate Ayodele, who vehemently opposed the idea, urged President Bola Ahmed Tinubu not to beg the US President because, according to him, Trump wants to negotiate with Nigeria for natural resources. He noted that the US president is only looking for ways to make money for his country and nothing more. He had earlier warned Tinubu that the US is looking for ways to…
Preparations for the Society of Digital Newspaper Owners of Nigeria (SDNON) Summit 2025 have reached their peak as the association finalizes arrangements for the highly anticipated event. With the theme “Policy Shifts in Cyber Law and Taxation: What They Mean for the Media and Nigeria’s Economy,” the summit promises to be an engaging and insightful gathering. It will feature seasoned experts in finance, cybercrime, taxation, and public relations, who will provide in-depth analysis and practical perspectives on the evolving policy environment and its implications for the media landscape and the nation’s economy. According to Mr. Wale Onifade, Chairman of the…
Lowers the Risk of Inflammation in Blood Vessel
By Chima Nwokoji FirstHoldCo Plc has sustained its growth momentum across core business segments, reporting a 17.1 percent year-on-year increase in gross earnings to ₦2.64 trillion for the nine months ended September 30, 2025, compared to ₦2.25 trillion in the corresponding period of 2024. According to the unaudited results released by the Group, interest income rose sharply by 40.4 per cent to ₦2.29 trillion from ₦1.63 trillion in September 2024, reflecting improved asset yields and loan book expansion. Net interest income also climbed 71.7 per cent year-on-year to ₦1.5 trillion, buoyed by stronger core banking operations. However, non-interest income declined…
By Oluwatoyin Mathnuel Nigeria sits at a difficult crossroads: a country rich in agricultural potential, culinary diversity and entrepreneurial energy, yet one that faces stubborn malnutrition, food insecurity and growing pressure on household budgets. Tackling these problems requires a mix of public policy, community action and practical, nutritious food solutions that can be scaled including those from major food manufacturers. This article examines Nigeria’s nutrition landscape and highlights how Nestlé’s product portfolio and programmes contribute to available food solutions for families, caregivers and communities. THE NUTRITION CHALLENGE IN NIGERIA — SCALE AND SHAPENigeria carries one of the world’s heaviest burdens…
Summary (100 words) By Oluwatoyin Mathnuel Summary (100 words) The Central Bank of Nigeria’s cashless policy, designed to deepen financial inclusion and reduce cash dependency, has upended how small-scale and rural businesses operate. While digital payments have surged, poor infrastructure, high transaction costs, and low digital literacy threaten to exclude vulnerable groups. In rural markets, the cashless shift often stalls trade rather than accelerating it. Yet, with smarter incentives, better infrastructure, and digital education, Nigeria’s cash-lite transition could empower the informal economy instead of destabilizing it. IntroductionAcross Nigeria’s bustling markets and quiet farming towns, a transformation is underway. The Central…
In a swift, well-coordinated, and exemplary emergency response, operatives of the Lagos State Traffic Management Authority (LASTMA), in the early hours of Monday, averted what could have resulted in an unprecedented fire disaster following the overturning of a gas-laden Howo white tanker truck along the main carriageway at Chisco, before the traffic light inward Victoria Island, Lagos. Preliminary investigations indicate that the incident occurred when the driver of the truck, fully loaded with Compressed Natural Gas (CNG) cylinders, lost control of the vehicle, causing it to overturn on the busy expressway. Given the highly volatile nature of the product, the…
Polaris Bank has launched the Adopt a Survivor Breast Cancer Support Initiative, a social impact programme aimed at empowering breast cancer survivors to rebuild their lives and livelihoods after treatment. While October is globally known for breast cancer awareness, Polaris Bank is extended focus to the recovery phase where many survivors struggle to regain economic stability. The initiative provides livelihood support to verified survivors, helping them restart small businesses and return to income-earning activities with dignity. Delivering the message of the Managing Director/Chief Executive Officer of Polaris Bank, Mr. Kayode Lawal, to beneficiaries last Thursday at the Bank’s NGO Partner,…
Question: Let’s start this interview with a general introduction of yourself. Tell us about yourself as a customer of Fidelity Bank? Response: My name is Mrs. Francesca Ogbonnaya and I am from Delta State while my husband is from Ebonyi State, South – East Nigeria. I was born here in Kano State, which means I have been in the state for so long. I am a trader and as you can see, my business inside the market is trading. I sell fufu to different customers who buy and then resell in their restaurants or feed their families at home. I…