Banking
Diamond Bank Gives Millions to 13 Customers, Targets More
By Dipo Olowookere
Not less than 13 customers have emerged millionaires in the Diamond Bank daily extraordinary draws across the six geopolitical zones of Nigeria.
This is in fulfilment of the promise made by management of the financial institution to make one customer a millionaire every working day in the month of August.
According to Diamond Bank, 18 more Nigerians will become millionaires before the end of September.
The lender explained that the daily xtraordinary draws were not just only meant to reward its loyal customers and potential customers but also to show appreciation to Nigerians for the trust and confidence in its array of financial products and services.
Among the newly created millionaires, a lucky customer from its branch in Warri, Delta State, Mr Daniel Chijioke Jombo, emerged as the winner of Salary for Life, the star prize. He will receive N100,000 every month for the next 20 years.
Two more customers are expected to emerge as the winners of salary for life in August and September while 15 more millionaires will be created in the remaining days in August.
It was disclosed that a total of 1,521 winners have emerged in the draws held since mid-July this year.
In all, 10 customers have won N500,000 each, while 300 customers have won N10,000 each with another set of 200 customers winning N5,000 each.
Also, 1000 customers of the bank have been rewarded with N500 recharge cards across all mobile telecommunications networks.
Chief spokesperson of Diamond Bank, Ms Chioma Afe, stated that with a deposit balance of only N5,000, a customer is qualified to participate in the draw and multiples of that amount increases the customers chances of winning.
According to her, the Season 9 extraordinary edition has been very rewarding to the customers, noting that the draws scheduled for the this season reaffirms the Bank’s commitment to financially empower more Nigerians by spreading the draws across the six geopolitical zones.
Ms Afe further stated that Diamond Bank has also introduced a new dimension to the reward scheme where customers are rewarded for loyalty.
Customers who have maintained their DiamondXtra accounts for 5 years and above and have increased their balances with multiples of N5000 during this period will qualify for a special Longevity draw where 10 customers will receive N1m each while 100 customers will get N100,000 each.
According to Ms Afe, a customer stands a better chance of winning if he or she saves more as every N5, 000.00 in the account of a customer represents one entry ticket into the draws.
“Every DiamondXtra account customer has equal opportunity of winning in the daily transparent electronic draws.
“We would like to reassure all our loyal customers that Diamond Bank will constantly seek robust platforms like this not just to enrich them but to let them know that we care for their future economic wellbeing,” she said.
The DiamodnXtra initiative was launched in July 2008 and has produced 5,600 winners with a cumulative cash reward of over N4 billion.
Among the customers that won N1 million each are Nnenna P Enechionyia; Demian Eze Ike; Ademunmi Fatai Tanimowo; Abdullahi Ayinde Mohammed; Ajijolakewu Saheed; Nwankwo Mmaduabuchi and Elawore Ruth Onorame.
Winners of N500,000 include Daniel Chijioke Jombo; Chigozirim Charles Oparaugo; James Uzoma; Joseph Asebakoghene; Mamiska Gabriel Kanayochukwu; Nzononye Ekeoma Udom; Amuka Ijeoma; Bright Ogheneruru; Chinedu M. Onyeakosi; Esonwune Cajetan; Ferdinand Chukwuma Ugwunwa; Humphrey Onyesoh; Openiyi Tolulope Adewole; Solomon Paul Thomas; Taofeek Ejalonibu and Vincent Izuchukwu Ofordum
Banking
Standard Bank Hosts 2nd African Markets Conference
By Modupe Gbadeyanka
The second African Markets Conference (AMC) will take place in Cape Town, South Africa, from Sunday, February to Tuesday, February 24, 2026.
The event, hosted by Standard Bank, will bring together global institutional investors, sovereign wealth funds, and African policymakers to catalyse the flow of capital into the continent’s most critical sectors.
The theme for this year’s edition is Mobilising Global Capital at Scale for Africa’s Growth and Development.
AMC 2026 will host a high-level delegation of decision-makers, ensuring that the dialogue leads to tangible commitments.
The conference will be structured around five high-impact pillars designed to move the needle on investment, including prioritising infrastructure as an asset class, accelerating the energy transition, deepening African capital markets and mobilising private capital, enabling intra-African trade and flows of capital, and addressing Africa’s sovereign debt and cost sustainability.
It is estimated that by 2050, Africa will add one billion people, more than half in cities, yet it invests only $75 billion of the $150 billion it needs annually for infrastructure. Standard Bank aims to use AMC 2026 to ensure that African priorities remain at the centre of the global financial discourse.
“This year’s engagement bridges the gap between policy ambitions and market realities. Africa urgently needs practical measures to deepen capital pools, improve market liquidity, and strengthen regulatory frameworks that give investors the confidence to deploy capital at scale.
“Mobilising capital is not just about funding projects; it is about building the foundation of a more balanced and inclusive global economy,” the chief executive of Corporate and Investment Banking at Standard Bank Group, Luvuyo Masinda, stated.
Banking
Fidelity Bank Shows Love to Ikoyi Correctional Centre Inmates
By Aduragbemi Omiyale
Inmates at the Ikoyi Correctional Centre in Lagos were recently full of joy when Fidelity Bank Plc donated some relief items to them.
The financial institution, through its Corporate Social Responsibility (CSR) initiative known as Fidelity Helping Hands Programme (FHHP), handed over various household tools and gift items to the leadership of the correctional facility as part of its efforts to support the rehabilitation and development of indigent persons in society.
The Chief Human Resources Officer of Fidelity Bank, Mr Charles Nwachukwu, reaffirmed the bank’s deep commitment to transforming lives and restoring hope, emphasising that true progress lies not only in financial growth but in extending compassion and opportunity to those that society often overlooks.
“At Fidelity Bank, we believe that every individual deserves a second chance. Our approach to Corporate Social Responsibility is rooted in empathy, standing with communities, uplifting the vulnerable, and opening doors for brighter futures.
“By supporting inmates today, we are setting them on the true path of rehabilitation, empowering them to return tomorrow as productive and confident members of society,” the banker said.
The Deputy Controller of Corrections at Ikoyi Custodial Centre, Mr Julius Ogueri, who could not hide his excitement over the gesture, appealed to Nigerians to avoid cybercrimes and stigmatisation of ex-inmates.
Highlighting the challenges faced by correctional facilities in Nigeria, Mr Ogueri noted that Ikoyi correctional center initially designed for 800 inmates, now houses over 3,000 inmates, with 396 convicted persons and 3,604 awaiting trial.
Whilst thanking the bank, the Deputy Controller also emphasised the importance of rehabilitation, citing examples of inmates who have pursued education and skills acquisition, including 72 inmates studying with the National Open University of Nigeria and 120 inmates who have benefited from WAEC and GCE support.
Business Post reports that through the FHHP, staff across Fidelity Bank branches nationwide identify crucial interventions needed in their immediate community and raise funds to execute them. The bank’s management then matches this contribution with an equal amount and disburses it for the selected project.
The visit to the Ikoyi Correctional Centre reinforces the lender’s unwavering commitment to meaningful community impact and demonstrates its strong dedication to advancing social responsibility and rehabilitation efforts across the society.
Banking
Ecobank Nigeria Introduces Business App for SMEs to Accelerate Growth
By Dipo Olowookere
A new digital banking platform created to help business owners in the country to eliminate delays, queues, and operational inefficiencies has been introduced by Ecobank Nigeria.
This mobile application is to strengthen the growth and sustainability of Small and Medium Enterprises (SMEs) across Nigeria, allowing them to manage payments, monitor transactions, oversee cash flow, and run day‑to‑day financial operations directly from their mobile devices.
The Ecobank Business app, now available on the Google Play Store and Apple App Store, cements the bank’s position as a dependable growth partner to SMEs across all sectors, delivering tools that help businesses manage better, grow faster, and operate more competitively in a digital economy. – Ecobank Business — Your Growth Partner.
The introduction of this initiative further reinforces Ecobank’s broader commitment to empowering SMEs through digital innovation, sector‑specific value propositions, and financial solutions like structured loans, trade support, guarantees, and equipment financing.
It also aligns with the lender’s push to re-energise dormant SME accounts, deepen market penetration, promote digital adoption, and scale value‑chain financing through partnerships with corporate anchors.
According to the Executive Director for Consumer and Commercial Bank at Ecobank Nigeria, Mr Kola Adeleke, the Ecobank Business App was developed to address the unique challenges faced by Nigeria’s diverse SME landscape.
Speaking at the unveiling in Lagos, he explained that the platform caters to traders, retailers, tech start-ups, online businesses, hospitality operators, farmers, agro‑processors, manufacturers, construction firms, professionals, social commerce entrepreneurs, schools, associations, and organisations that require transparent and efficient financial management.
Mr Adeleke noted that the app delivers faster payment collection for merchants and retailers, seamless digital transactions for online businesses, efficient vendor and staff management for hospitality players, timely payment solutions for agriculture value chains, and secure handling of bulk and high‑value transactions for manufacturers and construction firms.
He added that professionals such as lawyers and consultants can issue invoices and receive payments easily, while schools and associations can streamline fees, dues, and reporting from a single platform.
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