Quest Merchant Bank Limited has strengthened its capacity to finance Nigeria’s economic growth after successfully meeting the ₦50 billion minimum capital requirement set for merchant banks by the Central Bank of Nigeria. The milestone significantly reinforces the Bank’s capital base and positions it to play a larger role in supporting economic transformation across key sectors of the Nigerian economy. The successful recapitalisation also underscores sustained investor confidence in the Bank’s long-term strategy, sound corporate governance framework, and disciplined growth model. Coming in the wake of its post-divestment transition to new ownership, the achievement marks a pivotal moment in Quest Merchant…
Author: DigitalTimesNG
Residents of Kamba in Dandi Local Government Area of Kebbi State have expressed excitement over the opening of a new branch of Fidelity Bank Plc, saying the development will significantly improve access to financial services and reduce the burden of travelling long distances for routine banking transactions. For years, farmers, small-scale traders and other residents in the agrarian community had to journey to Birnin Kebbi to carry out basic banking activities, a situation that often disrupted business and daily livelihoods. Chairman of Dandi Local Government Council, Dr. Mansur Isah-Kamba, described the establishment of the branch as a long-awaited intervention that…
By Yvonne-Faith Elaigwu There is a woman I often think about when discussions turn to Nigeria’s new tax laws. She sells ewa agoyin from a small canteen in Ogba. She opened a bank account three years ago, not out of love for digital banking, but because receiving transfers was faster than waiting for customers to find change. While I do not know every detail of how she runs her finances, I know enough about how millions of Nigerians like her operate to make a reasonable guess: that single account likely handles everything, business income, family support, school fees, and household…
The Abia State Government has announced plans to host the Abia Business Roundtable 2026, a high-level forum aimed at strengthening collaboration between government and the private sector to drive sustainable economic growth and investment across the state. The event, themed “Government Meets Business: Where Vision Meets Enterprise”, is scheduled for Thursday, March 5, 2026, at 10:00 AM at the International Conference Centre, Umuahia. Governor Alex Chioma Otti, who also chairs the Governing Council of the Public-Private Partnership (PPP) & Investment Promotion Office, will preside over the Roundtable. He will be joined by Mr. Chinedum Chijioke, Director-General/CEO of the PPP &…
The future of secure and intelligent networking took centre stage over the weekend, as leading technology distributor, TD Africa, in collaboration with Cisco and Arravo Technology, hosted an exclusive C-level customer engagement focused on strengthening enterprise security and building resilient network infrastructures. The event brought together senior decision-makers from various organisations to explore how businesses can drive resilience and digital transformation through Cisco’s Enterprise Networking, Meraki, and Security solutions. The session provided practical insights tailored to the evolving needs of today’s digital enterprises, with discussions centred on enabling smarter, scalable network environments while strengthening cybersecurity frameworks. Speaking at the event,…
Konga, Nigeria’s leading composite e-commerce platform, has announced the launch of its highly anticipated Berekete Sales, a nationwide promotional campaign designed to deliver exceptional value to customers across key product categories. The initiative reinforces Konga’s commitment to affordability, accessibility, and innovation while strengthening its position as a trusted retail partner for millions of Nigerians. The Berekete Sales campaign features discounts of up to 50% on high-demand categories, including Home and Kitchen, Computing, Electronics, Beauty, and Personal Care. Carefully curated to meet both everyday and aspirational needs, the campaign comes at a strategic period that coincides with Ramadan, Lent, and the…
The Abia State Government has intensified its push for a transparent, technology-driven transport system with the full rollout of the Abia Connect Card, a cashless payment platform for the Green Shuttle Bus Service. The initiative, introduced by the Ministry of Transportation under the administration of Governor Alex Otti, represents a significant step in the state’s broader digital transformation agenda to modernise public service delivery. In a statement issued on Sunday by the Commissioner for Information, Okey Kanu, on the Abia Ministry of Information handles, the government described the development as a milestone in its drive to build a digital, transparent,…
Nigeria’s financial and corporate elite converged at the Muson Centre as the National Institute of Credit Administration (NICA) elevated leading industry figures to its prestigious Fellowship cadre. At the investiture ceremony, the Managing Director/Chief Executive Officer of Polaris Bank, Kayode Lawal, was formally conferred with the Fellowship, joining a select group of distinguished leaders recognised for their influence across Nigeria’s financial architecture and corporate governance space. Also honoured was the Managing Director/CEO of Union Bank, Yetunde Oni, whose conferment acknowledged her contributions to institutional governance and the advancement of the financial sector. In the media and corporate leadership sphere, Mrs.…
The Chairman of Zinox Group and Africa’s foremost digital disruptor, Leo Stan Ekeh, has expressed gratitude to President Bola Ahmed Tinubu, and former President and African statesman, Chief Olusegun Obasanjo, for their goodwill messages and prayers on his birthday. Ekeh, who turned 70 on Sunday, February 22, also extended gratitude to governors; former governors, including Babatunde Raji Fashola, former governor of Lagos state; National Assembly members; captains of industries, members of the global tech community, some of whom sent delegations to his house aside virtual goodwill messages sent from across the globe; royal fathers and the media. In a post-birthday…
A new cross-continental initiative aimed at transforming construction waste into economic opportunity has taken off with the official launch of the GROW Project – Construction Waste Remediation and Recycling Vocational Training in Sub-Saharan Africa. Designed as a strategic response to mounting construction waste and unemployment challenges, the project unites European and African institutions to build a skilled workforce for the green economy in Nigeria and Mozambique. Co-funded by the European Commission under the Erasmus+ Capacity Building in Vocational Education and Training (VET) in Sub-Saharan Africa programme, the GROW Project focuses on repositioning vocational education as a driver of sustainable development.…