The Nigeria Inter-Bank Settlement System (NIBSS) Plc, Nigeria’s foremost payments infrastructure provider, has commenced the rollout of the National Payment Stack (NPS), a sovereign, ISO 20022 compliant digital infrastructure designed to succeed legacy NIBSS Instant Payment (NIP) system and modernize Nigeria’s financial ecosystem. Unifying payments, identity, and data onto a single intelligent rail, the multi-currency architecture bridges transaction processing and payment intelligence while establishing robust cross-border capabilities. Initial operational metrics highlight rapid commercial adoption, with the NPS platform already recording 26.55 million transactions valued at ₦1.4 trillion across 48 participating institutions. First Bank of Nigeria leads the industry in total transaction volume, while Fidelity Bank holds the…
Author: Lilian Azuh
A new ranking by CFA Society Nigeria has identified Access as the country’s largest employer of CFA candidates, highlighting the Group’s growing influence in developing the next generation of investment and finance professionals and reinforcing its position as one of Africa’s leading builders of financial services talent. Published as part of CFA Society Nigeria’s Where Nigeria’s Finance Professionals Work series in a national daily, the rankings show that Access employs 82 CFA candidates, more than twice the number recorded by the next-ranked institution and the highest of any organisation in Nigeria’s financial services industry. The Group also ranked second among…
New data from CFA Society Nigeria is reshaping how the country’s financial sector thinks about talent development, with Access emerging as the single largest source of CFA candidates in Nigeria, a distinctionindustry watchers say signals a deeper shift in how leading institutions are building investment expertise from within. In its Where Nigeria’s Finance Professionals Work series, published in a national daily, CFA Society Nigeria placed Access first among employers of CFA candidates nationwide, with 82 candidates enrolled in the programme, more than double the 38 recorded at the next-placed institution and well ahead of every other bank or financialservices firm…
Dangote Petroleum Refinery and Petrochemicals has clarified its position following recent reports referencing data released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which suggested that the refinery rejected 15.5 million barrels of crude oil offered by local producers in the second quarter of 2026. The company emphasised that it remains fully committed to sourcing Nigerian crude oil and supporting the objectives of the Domestic Crude Supply Obligation (DCSO) framework. However, it stressed that crude oil must be available in adequate volumes and offered on commercially competitive terms to ensure the sustainability of domestic refining and the supply of affordable…
Award-winning Nigerian filmmaker and actress, Funke Akindele, is set to return to cinemas with her latest feature film, The Four: No One Fights Alone, scheduled for release on December 11, 2026. A statement made available to The PUNCH on Monday said the film, produced by Funke Akindele Network and distributed exclusively by FilmOne Entertainment, would be released in cinemas globally. The new production comes as Akindele continues her run as one of Nigeria’s most commercially successful filmmakers, following a string of major box-office successes that have strengthened her influence in the country’s film industry. According to the statement, The Four is a…
Nigerian content creator Habeeb Hamzat, popularly known as Peller, has revealed that more than N300 million was spent on his wedding. Peller made the disclosure in a post on TikTok, where he wrote: “300million plus gone for wedding.” The revelation quickly attracted reactions from social media users, with some focusing on the financial returns and other benefits associated with the wedding. One TikTok user, Larry_X, commented: “You spend 300 million and collect 400 million house 🏠 who gain now.” Another user, Armstrong, wrote: “You gain pass that 300m Guyyy.” Bella also reacted to the disclosure, writing: “300 million gone 1…
2Baba and his estranged wife Annie Macaulay Idibia have followed each other on Instagram, over a year after their separation. Checks by TheCable Lifestyle on Monday morning showed that Annie followed 2Baba on his official Instagram page, while the singer reciprocated the gesture. TheCable Lifestyle also observed that 2Baba and his current wife Natasha Osawaru have ceased following each other. 2Baba and Annie tied the knot in May 2012 and share two daughters, Isabella and Olivia. The couple’s separation became public in January 2025 when 2Baba announced their split, marking a turning point in their 13-year marriage. 2Baba thereafter confirmed his relationship with Osawaru, proposed to her…
The trial of a former gang leader accused of orchestrating the murder of rapper Tupac Shakur finally began on Monday, 30 years after one of America’s most high-profile unresolved killings. The proceedings, expected to last a month, will likely not make clear who fired the shots that killed the California hip-hop legend on the night of September 7, 1996, while he was in Las Vegas to see a Mike Tyson boxing match. But prosecutors aim to show that the defendant, Duane “Keffe D” Davis, onetime leader of the South Side Compton Crips, ordered the killing and provided the gun used…
The refuse crisis in Lagos has persisted, with residents of Ejigbo and Idimu lamenting the failure of waste managers to evacuate refuse heaps that have remained on road medians for four months. The residents said the heaps, which had accumulated on the median linking Ejigbo and Idimu, had remained unattended despite repeated complaints to the relevant authorities. During a visit to the area on Sunday, our correspondent observed heaps of refuse dotting the medians at different points along the axis, particularly around the Dorcas and Church bus stops. A resident, Seun Ajayi, said the refuse had remained on the median…
Nigeria’s Ambassador-designate to South Africa, Femi Fani-Kayode, has warned against using religious identity as a tool for political mobilisation ahead of the 2027 presidential election. Fani-Kayode said comments attributed to Islamic cleric, Sheikh Yahaya Jingir, in support of retaining the Muslim-Muslim presidential ticket could alienate Christian voters and provide opposition parties with an issue to exploit against President Bola Tinubu and Vice President Kashim Shettima. The former Minister of Aviation spoke in a Facebook post on Monday while reacting to Jingir’s remarks at an event in Kano, where the cleric reportedly advocated the continued use of Muslim-Muslim tickets and declared…