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P aystack Acquires Ladder Microfinance Bank , Enters Regulated Banking and Lending in Nigeria Paystack, one of Nigeria’s leading fintech companies , has acquired Ladder Microfinance Bank, marking a major expansion beyond payments and into regulated banking and lending services in Nigeria. The Paystack acquisition grants the Stripe -owned fintech a microfinance banking licence , enabling it to accept deposits, issue loans, and offer digital banking services —functions previously restricted under its payments-only licence . With Paystack entering banking, the move positions the company at the center of Nigeria’s evolving fintech and financial services sector, strengthening its ability to serve SMEs , merchants , and underserved populations through credit, savings, and embedded finance solutions .

A Magistrate Court sitting in Abakaliki, Ebonyi State, on Monday ordered the remand of a social media critic, Mr. Polycarp Obinna Alegu, over alleged defamation of the Secretary to the Ebonyi State Government (SSG), Prof. Grace Umezurike. Mr. Alegu, 36, was arraigned before Magistrate Court 1, Abakaliki, presided over by Chief Magistrate Sandra Ifeanyi-Onyibe, on a two-count charge bordering on criminal defamation and cybercrime. According to the charge marked MAB/7c/2026, the defendant allegedly made a false, malicious, and defamatory publication against the SSG on December 16, 2025, through social media. In Count One, the prosecution alleged that Mr. Alegu published defamatory content against Prof. Umezurike, an offence said to be contrary to and punishable under Section 375(A) of the Criminal Code Act, Cap C38, Laws of the Federation of Nigeria, 2004. Count Two accused him of knowingly and intentionally making a false and defamatory publication on Facebook against the SSG, contrary ...

JUSTIN : Rivers State House of Assembly begins impeachment proceedings against Governor Siminalayi Fubara over allegations of gross misconduct. Video below 👇 

Police Release Mr Ishaku Haggai Accused of Assaulting Daughter, He Narrated What Happen The police have released Mr. Ishaku Haggai following his arrest over allegations of assaulting his daughter. During questioning, Mr. Haggai told the police that he had warned his daughter that she was too young to have a boyfriend and accused her of associating with boys against his instructions. He further claimed that during the New Year crossover period, she did not attend a church crossover night but went elsewhere. However, the daughter, in an interview with human rights activist Abdulmumin Imam and the police, refuted her father’s claims, stating that she attended the crossover night service. She also alleged that her father is in the habit of restraining them before beating them. As of the time of filing this report, Mr. Haggai has openly stated that he has disowned his daughter.

Former presidential candidate of the Labour Party (LP), during the 2023 election, Peter Obi , has officially defected to the coalition-backed African Democratic Congress (ADC). The ex-Anambra governor announced the decision on Tuesday at an event held at the Nike Lake Resort, Enugu. “We are ending this year with the hope that in 2026 we will begin a rescue journey,” Obi said. “We will resist rigging of election by every lawful means in 2027.” David Mark, national chairman of the ADC, was among the attendees. A former Vice President of Nigeria, Atiku Abubakar, a former Transportation Minister Chibuike Rotimi Amaechi, a former Kaduna State Governor, Nasir El Rufai, are also members of the ADC.