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From One Branch to National Footprint: Inside the Rapid Expansion of Alex Otti’s Signature Bank
ABUJA, NIGERIA — Signature Bank Limited, the commercial financial institution co-founded by the current Governor of Abia State, Dr. Alex Otti, has successfully scaled its operational footprint from its single pioneer headquarters in Abuja to 17 strategic branches … Continue Reading
GTBank announces 50% Increase in SMS alert fee
GTBank Announces 50% Hike in SMS Transaction Alert Fees Amid Rising Telecom Costs in Nigeria
Guaranty Trust Bank (GTBank) announced a significant adjustment to its SMS transaction alert fees, citing increased costs from telecommunications service providers. Effective Thursday, May 1, … Continue Reading
MTN Nigeria Posts N1 Trillion Revenue, Returns to Profitability in Q1 2025
MTN Nigeria’s Chief Executive Officer, Karl Toriola, noted that the company’s growth was bolstered by strategic customer value management (CVM) initiatives. “We maintained a disciplined approach to gross connections and churn management while continuously innovating our customer offerings. This has
… Continue Reading
Spotify Distributes $100 million to podcast creators in Q1 2025
Spotify Reports Over $100 Million Payout to Podcast Creators in Q1 2025
Music streaming powerhouse Spotify announced on Monday that it has distributed more than $100 million to audio and video podcast creators in the first quarter of 2025, marking … Continue Reading
Gold Hits All-Time High of $3,500 Amid Fed Pressure, Dollar Weakness
Adding to investor worries are escalating trade disputes and geopolitical tensions that have dampened risk appetite and pushed investors into traditional hedges. Gold has surged more than 30% in 2025 alone, bolstered by strong inflows into bullion-backed ETFs and record-breaking
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Uber, Bolt, inDrive Drivers plan protest In Lagos On May 1st
Lagos App-Based Drivers to Strike on May Day, Demanding Fair Treatment
Lagos, Nigeria – The Amalgamated Union of App-Based Transporters of Nigeria (AUATON), Lagos chapter, has announced a 24-hour strike on May Day to protest alleged exploitative practices … Continue Reading
Access Bank Gets Final Greenlight to Acquire National Bank of Kenya
Access Bank and KCB Group first signed a binding agreement for the acquisition in March 2024. Now finalized, the deal strengthens Access Bank’s foothold in Kenya’s financial sector, positioning it more competitively in the East African region.
Lagos, Nigeria – … Continue Reading
