Afreximbank records 30% rise net income for first half 2026

The African Export-Import Bank (Afreximbank) and its subsidiaries (the Group) recorded a 30 per cent increase in net income to 534.7 million dollars in the first half of 2026. The bank disclosed this in a statement issued by Vincent Musumba, Communications and Events Manager, Afreximbank, on Wednesday, on its financial …

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5 filmmakers shortlisted for inaugural Nigeria Prize for Creative Arts

Five documentary filmmakers have been shortlisted for the inaugural Nigeria Prize for Creative Arts (NPCA), following a rigorous judging process that narrowed the field from 11 nominees. Anne-Marie Palmer-Ikuku, Manager, Corporate Communications and Public Affairs, Liquified Natural Gas companies in Nigeria, and the Nigeria LNG Limited, said this in a …

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Moniepoint exits UK Remittance Market After 14 Months, Refocuses on Africa

Moniepoint is winding down its UK-focused remittance service, MonieWorld, just 14 months after entering the UK-Africa money transfer market, as the Nigerian fintech redirects resources towards its core business operations in Africa. The decision comes amid intense competition in the UK-Nigeria remittance corridor, one of the most active channels for money …

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Revolut Launches Research Division to Advance AI-Powered Financial Services

Revolut, the global financial leader with over 80m retail customers, has announced the launch of Revolut Research. Revolut Research is a dedicated division within the broader AI Department, established to pioneer next-generation machine learning architecture across global financial services. Set to build alongside leading academic and technology institutions, the unit provides …

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Tinubu commends Walson-Jack for repositioning civil service

President Bola Tinubu has commended Mrs Didi Walson-Jack, Head of the Civil Service of the Federation (HCSF), for her contributions to the reform and repositioning of the Federal Civil Service. Tinubu gave the commendation on Tuesday in Abuja at the presentation of Walson-Jack’s two books, I Planted: A Memoir of …

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NNPCL increases petrol price from ₦1,250 to ₦1,270 per litre

The Nigerian National Petroleum Company Limited (NNPCL) has increased the price of petrol at its retail stations in Abuja and nearby areas from ₦1,250 to ₦1,270 per litre. themomentng understands that the latest adjustment means customers buying Premium Motor Spirit (PMS) from NNPCL stations now pay ₦20 more for each …

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