BUSINESS NEWS

Polaris Bank Positions Gender Equity as Growth Strategy at IWD 2026

Daily Dispatch March 25, 2026

Polaris Bank has reinforced its commitment to deepen gender equity as a business and growth imperative during its 2026 International Women’s Day (IWD) event, spotlighting sustained investments in women’s empowerment, financial inclusion, and leadership development. In line with this year’s

BUSINESS

EU Unveils Major Investment Drive in Nigeria with €290m Global Gateway Package and €50m Health Manufacturing Facility

Daily Dispatch March 23, 2026

The European Union has announced a significant expansion of its strategic partnership with Nigeria, unveiling a €290 million investment package under its Global Gateway Strategy to support digital infrastructure, healthcare manufacturing, agricultural value chains and migration management. The announcement was made during the Eighth Nigeria–EU Ministerial Dialogue held in

BUSINESS

UBA, British International Investment Move to Boost Trade Finance Across Africa

Daily Dispatch March 20, 2026

United Bank for Africa and British International Investment have taken steps toward a strategic partnership designed to strengthen trade finance across the African continent. The two institutions signed a letter of intent in London on March 16, 2026, outlining plans for UBA’s UK arm to work closely with BII in expanding access to trade and […]

BUSINESS

Nigeria, UK Seal £746m Landmark Deal to Rebuild Lagos Ports, Deepen Trade Partnership

Daily Dispatch March 19, 2026

Nigeria and the United Kingdom have sealed a landmark £746 million infrastructure financing agreement aimed at overhauling two of Nigeria’s busiest seaports in Lagos, in a move expected to significantly boost maritime efficiency, reduce trade bottlenecks and strengthen bilateral economic ties. The financing arrangement will fund the comprehensive rehabilitation and

BUSINESS NEWS

Nigeria–UK Investment Surge to Generate Jobs, Deepen Economic Ties

Daily Dispatch March 18, 2026

A new wave of multi-million-pound investments by Nigerian and British firms is set to create hundreds of jobs in both countries, reinforcing growing economic ties and positioning Nigeria as an emerging driver of global innovation and capital. The investment push comes ahead of the state visit of President Bola Ahmed Tinubu to the United Kingdom, […]

BUSINESS

Breaking: CBN Moves to Bar Loan Defaulters From Accessing New Credit

Daily Dispatch March 13, 2026

The Central Bank of Nigeria (CBN) has instructed banks across the country to limit access to certain banking services for borrowers with large outstanding loans that have become non-performing. The directive, aimed at strengthening credit discipline and protecting the stability of the financial system, was contained in a circular issued to banks on March 12, […]