News Highlights: Permanent Secretary Mahmud Adam Kambari outlined reform priorities, including stronger PPP frameworks, transparent procurement, and sustainable energy models for the aviation sector. FAAN highlighted progress in staff training, passenger facilitation, and the recertification of Lagos and Abuja international airports despite operational and financial challenges. A renewed push for reform and stronger institutional alignment took centre stage on Monday as the Permanent Secretary of the Federal Ministry of Aviation and Aerospace Development, Mahmud Adam Kambari, undertook a strategic familiarisation visit to the headquarters of the Federal Airports Authority of Nigeria (FAAN) in Ikeja, Lagos. The high-level engagement, held on…
Author: DigitalTimesNG
There is a version of the Nigerian economy that the banking sector has always served well. It is the economy of salaried professionals, corporate treasurers, documented collateral, and monthly pay cycles. It is the economy that fits neatly into conventional credit models, standard account structures, and the risk frameworks that Nigerian banking inherited from its colonial and post-independence institutional architecture. That economy is real, and serving it matters. There is another version. It is the economy of the cooperative chairwoman in Ogun whose members pool contributions weekly. The textile trader in Balogun, who turns inventory four times a month but…
News Highlights: Nigeria’s digital economy, now contributing over 18% to GDP, takes centre stage as policymakers, investors, and tech leaders converge in Lagos for WACC 2026. MOFI’s strategic partnership and the APC Chairman’s keynote underscore growing alignment between government policy, political leadership, and private-sector innovation. As Nigeria’s digital economy consolidates its position as a major driver of national growth, policymakers, investors, and technology leaders are converging on Lagos for the 15th West Africa Convergence Conference (WACC) 2026, a forum increasingly seen as pivotal to shaping the country’s next development phase. The conference, alongside the 50 Most Influential Figures in Nigeria’s…
News Highlights: NITDA urged Nigerian youths to transition from tech consumers to creators by developing home-grown AI solutions targeting critical sectors. Founder of VibeCode Africa emphasised problem-driven innovation, challenging participants to build AI solutions based on real-life community issues. Young Nigerians have been urged to move beyond consuming technology and begin building practical, home-grown artificial intelligence solutions capable of tackling the country’s pressing socio-economic issues. This call formed the central thrust of discussions at an Artificial Intelligence Hackathon organised by the National Information Technology Development Agency (NITDA) in partnership with VibeCode Africa in Abuja, where stakeholders emphasised the need to…
News Highlights: Fidelity Bank’s Legacy Class of 2026 provided food and essentials to over 3,000 inmates at the Enugu custodial centre. The outreach delivered timely relief and reinforced the bank’s drive to nurture socially responsible professionals. Fidelity Bank Plc has reaffirmed its commitment to health and social welfare with the donation of food and essential items to inmates at the Enugu Maximum Security Custodial Centre. The outreach was carried out by the newly inducted Legacy Class of 2026 and executed under the bank’s flagship Corporate Social Responsibility (CSR) platform known as the Fidelity Helping Hands Project (FHHP). Through the FHHP,…
Payments Forum Nigeria (PAFON), the country’s leading industry platform for digital finance stakeholders, has announced PalmPay and TeamApt as key sponsors of the third edition of its flagship event, PAFON 3.0. Scheduled for Friday, April 24, 2026, at the Oriental Hotel, the high-level gathering will convene over 600 industry professionals and more than 20 expert speakers from banking, fintech, telecommunications, and regulatory institutions. With a central focus on emerging trends shaping digital finance, PAFON 3.0 will serve as a critical platform for collaboration on the future of digital payments, cybersecurity, and the transformative role of Artificial Intelligence (AI) in financial…
After kicking off in Lagos, Martell’s nationwide campaign, Martell On The Move, has officially arrived in Abuja. The road trip features The Swift Ascendant, a monumental 14-foot art installation that is traveling across the country to connect with people through local art and nightlife. The installation is a physical tribute to the Swift, Martell’s iconic sigil, and a symbol of freedom and constant motion. This bird represents a spirit that never stands still, much like the “Standout Swift”. A Standout Swift is anyone who embodies that same drive, rising above the ordinary to redefine their own path. The Swift Ascendant…
News Highlights: The 58 graduates emerged from over 10,000 applicants, representing the top 0.58%, underscoring Polaris Bank’s rigorous talent identification and development standards. CEO Kayode Lawal emphasised continuous learning, adaptability in an AI-driven era, and unwavering integrity as essential pillars for long-term success in banking. Polaris Bank has taken a decisive step in strengthening its future workforce, graduating 58 high-potential professionals from its flagship Polaris Graduate Intensive Training (PGIT) and Polaris Tech Ignite Programme (PTIP). Drawn from a highly competitive pool of over 10,000 applicants, the cohort represents the top 0.58 per cent, an indication of the bank’s stringent selection…
As the Central Bank of Nigeria (CBN) recapitalisation exercise officially closed on March 31, 2026, most banks operating in the country rose to the challenge, meeting regulatory thresholds ahead of schedule. Yet, among the pack, Fidelity Bank Plc distinguished itself with a proactive, well-sequenced capital strategy that has now positioned it comfortably above the new benchmark. In a remarkable demonstration of market confidence and execution efficiency, Fidelity Bank opened and concluded a private placement in just one day on December 31, 2025. The exercise attracted leading institutional investors, including Afreximbank and its subsidiaries, underscoring strong belief in the bank’s strategic…
News Highlights: Quest Merchant Bank Limited has introduced a new brand identity following its recent name change, reinforcing its ambition to strengthen its position. The rebrand aligns with its long-term strategy to deepen client relationships and support sustainable value creation. Quest Merchant Bank Limited has unveiled its new brand identity, marking a significant step in the Bank’s ongoing evolution following its recent name change. The refreshed identity reflects the Bank’s strategic direction as it deepens its role as a trusted partner to institutions and investors, providing insight-driven financial solutions and a disciplined approach to supporting long-term value creation. With a…