$214Bn Missing, Institutions Silent: Is Accountability Dead in Nigeria?

 BY BLAISE UDUNZE

 

Between 2010 and 2026, a staggering $214 billion, approximately N300 trillion in public funds, has been reported as missing, unaccounted for, diverted, unrecovered, irregularly spent, or trapped in non-transparent fiscal structures across Nigeria’s public institutions.

Sterling HoldCo Allots Shares in Oversubscribed Public Offer...

… fully recapitalises two banking subsidiaries

Lagos, Nigeria: Sterling Financial Holdings Company Plc ("Sterling HoldCo" or "the Group") has announced the commencement of the allotment process for its 2025 Public Offer of 12,581,000,000 ordinary shares of 50 kobo each at ₦7.00 per share. 

Polaris Bank Launches Global Gift Card Feature on VULTe

 

Polaris Bank, through its digital lifestyle platform VULTe, has introduced a faster, smarter way for users to send love, appreciation, and rewards across borders with the launch of its new Gift Card feature, enabling customers to deliver global brand gift cards to family and friends anywhere in the world in seconds.

Concert for Change Disburses N55 Million to Five Charities Supporting Orphans, Children with Disabilities

 Disbursement Grows by Nearly 50%, Lagos, Nigeria —

UBA Unveils Diaspora Platform to Connect Global Africans with Investment, Wealth Opportunities

UBA Unveils Diaspora Platform to Power Global African Lifestyle

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has unveiled a diaspora banking and investment platform designed to serve Africans living and working across the world and within the continent.

Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

 

Photo caption:

L-R: Sunday Olasupo, Assistant Controller, Ikoyi Correctional Centre; Nwamaka Kalu, Head, Human Resource Business Partnerships and Communication, Fidelity Bank Plc; Sunday Ogundele, Assistant Controller, Ikoyi Correctional Centre; Obiora  Mbaekwe, Head, HR Shared Services, Fidelity Bank Plc; Dr Julius Ogueri, Deputy Controller, Ikoyi Correctional Centre; Charles Nwachukwu, Chief Human Resources Officer, Fidelity Bank Plc; and Dr Chidi Nwankwo, Assistant Controller, Ikoyi Correctional Centre; during the Fidelity Helping Hands Programme (FHHP) donation of essential materials to inmates at Ikoyi Correctional Centre in Lagos, recently.

Photo News - Group Photo of ARCON MD with other members

 

L-R: (Front Row Seated) Chief Brand and Marketing Officer, Union Bank of Nigeria, Mrs. Olufunmilola Aluko; Director-General, Advertising Regulatory Council of Nigeria (ARCON), Dr. Olalekan Olumuyiwa Fadolapo; and Director Regulation, Monitoring and Enforcement, ARCON, Mrs. Emme Akande with (Back Row Standing) 2nd Right, Head Strategic Brand Management, Union Bank, Alvin Agorom; 5th Right, Head Product Marketing, Ejiebhen Egbomondion; 6th Right, Head Strategic Communications and Media, Olufisayo Adelekun with other Union Bank Inductees during their induction by ARCON as Registered Advertising Practitioners of Nigeria held at the Stallion Plaza in Marina, Lagos recently.