Nigerian Banks Earned ₦224.69 Billion from Electronic Banking and ATM Charges in Q1 2026

Nigerian banks generated a remarkable ₦224.69 billion from electronic banking services and ATM/card-related charges during the first quarter of 2026, highlighting the growing role of digital transactions in the country’s financial sector. The figure, compiled from the unaudited financial statements of 11 listed banks, represents a 12.56 percent increase from the ₦199.61 billion recorded during…

Nvidia Raises $25 Billion in Major Bond Offering as AI Expansion Accelerates

Artificial intelligence giant Nvidia has announced plans to raise $25 billion through a U.S. bond offering, marking its first return to the investment-grade debt market since 2021 and underscoring the company’s commitment to maintaining its leadership position in the rapidly evolving AI industry. The bond issuance exceeded initial expectations after strong investor demand prompted the…