Cascador, Nigeria’s premier accelerator for mid-stage entrepreneurs, has announced a landmark partnership with Sterling Bank to launch a bold new debt funding model to unlock growth for Africa’s most promising ventures. Backed by a $2 million Catalytic Fund, the partnership introduces flexible, founder-friendly financing for Cascador alumni; pairing low-interest debt with business mentorship, tailored repayment terms, and dramatically reduced collateral requirements. “This is a breakthrough moment for Cascador and for the entrepreneurs we serve,” said Dave DeLucia, Founder of Cascador. “Through our partnership withSterling Bank, we’re deploying capital in a way that’s truly catalytic -pairing mentorship and education with access…
Author: Oluwatoyin Mathnuel
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa first fully digital bank, ALAT, has officially marked its 80th anniversary on May 2nd, 2025, receiving national commendation for its trailblazing legacy as Nigeria’s oldest and longest surviving indigenous bank. Established as Agbonmagbe Bank Limited in 1945, Wema Bank paved the way for indigenous banking to thrive in Nigeria, challenging colonial monopoly of the banking industry to become a provider of financial services tailored to the needs of indigenous Nigerians and businesses. 8 decades later, Wema Bank has not only metamorphosed into a leader in banking and innovation, but also…
By Naomi Onome It is bewildering that the Anti-Cultism Unit of the Nigeria Police in Calabar has taken to the habit of extorting young boys on the street during the day and night of monies meant for their upkeep in the name of duty. A mandatory reporter condemned the attitude of anti-cultism operatives at the satellite town office in calabar for always harassing young boys who are Gen Z by arresting them en masse and extorting them of cash between 50,000 and 200,000 before releasing them and making them a target for another day to harass and extort. The list…
The Natural Father of the Oduduwa Race Worldwide and the Ooni of Ife, Arole Oduduwa Olofin Adimula, Ooni Adeyeye Enitan Ogunwusi,CFR, Ojaja II, yesterday wrapped up his 3 day working visit to Balyesa state where he held meetings with relevant stakeholders including former president of Nigeria, Dr Goodluck Ebele Jonathan, Governor of Balyesa state, Senator Duoye Diri, and Chairman of the state Council of Traditional Rulers and members of his council who expressed excitements to host their national Ooni Ogunwusi who doubles as the Permanent Chairman of the Southern Nigeria Traditional Rulers Council(SNTRC) and Co-Chair, Notional Council of Traditional Rulers…
For dastardly killing a 22 year old lady , Oluwabamise Ayanlowo who boarded his BRT Bus , Andrew Nice Ominikoron, has been sentenced to death by hanging by a Lagos State High Court. Justice Serifat Sonaike in her judgement delivered on May 2,2025 said the Lagos State Government, through its prosecutors proved beyond reasonable doubt that the defendant committed the offence February 26,2022 on the Ajah – Lekki Expressway. Andrew had been arrested in the course of investigation after Oluwabamise’s gruesome murder and was subsequently arraigned on four counts charge of rape, conspiracy with others at large and the murder…
Leading commercial bank and Africa’s most agile company, Sterling Bankhas announced the introduction of AlwaysOn by Sterling, a bold new feature on its OneBank platform that will give eligible customers up to ₦1 million extra every month -even when their account balances are running low. Launched on Workers’ Day 2025, the initiative is part of an ongoing movement to remove structural barriers to financial freedom and empower everyday Nigerians to move boldly, even in uncertain times. AlwaysOn is a specialised, invitation-only feature for customers who maintain an activeOneBank account for a while. It provides an advance to settle bills or…
Wema Bank, Nigeria’s most innovative bank and pioneer of Africa’s first fully digital bank, ALAT, has officially marked the incredible milestone of its 80th anniversary on Friday, May 2nd, 2025. Celebrated as Nigeria’s oldest indigenous bank, Wema Bank was founded on May 2nd, 1945, as Agbonmagbe Bank Limited; an institution that has now evolved from a single-branch operation aimed at empowering indigenous Nigerians into a formidable force that continues to blaze the trail in Nigeria’s banking and financial industry. From bridging gaps in access to finance for underserved Nigerians to empowering businesses with insightful financial solutions and support, providing a platform for…
Popular actor, Olaniyi Afonja, aka Sanyeri revealed this in a chat with Tofarati Ige of Punch. Sanyeri said ” I met her in 2004 when I want to screen my movie, Okan Emi, at the National Theatre in Iganmu, Lagos. ..She came there to have a good time. I sighted her and her friend from afar. I walked up to her friend and told her I liked her friend but she said I should tell her myself. So I went to her and told her I would want us to get closer but she replied that was it because I…
L – R: Executive Director/Chief Operations and Information Officer, Mr. Stanley Amuchie; Managing Director/Chief Executive Officer, Dr. Nneka Onyeali-Ikpe; Chairman, Mr. Mustafa Chike-Obi; and Company Secretary, Mrs. Ezinwa Unuigboje; (all of Fidelity Bank Plc) at the bank’s 37th Annual General Meeting held in Lagos recently. Shareholders of tier one lender, Fidelity Bank, have applauded the board and management of the bank for delivering an outstanding performance in FY 2024. Speaking at the bank’s 37th Annual General Meeting (AGM) held virtually on Tuesday, April 29, 2025, the National Chairman of The Progressive Shareholders Association, Chief Boniface Okezie, praised the bank, saying,…
The commissioner of Police, Delta State Police Command, CP Olufemi Abaniwonda, has ordered the arrest of one Ike Peter, a member of the Vigilante Group of Nigeria in Ogwashi-Uku, who allegedly shot and killed a student of Ogwashi-Uku Polytechnic one Peter Eyorowalebo, aged 29 years old. The 30th April 2025, at about 0930 hours, the DPO Ogwashi-Uku received a distress call that the suspect, Ike Peter, a member of vigilante group of Nigeria, shot and killed the victim in his room while he was reading and preparing for exams. The DPO swiftly mobilised to the scene, and found the victim…