FAAC Allocation The Federation Account Allocation Committee (FAAC) shared N2.55 trillion among the Federal Government, state governments and local government councils in June 2026, as Value...
Guaranty Trust Bank (GTBank) has emerged as Nigeria’s best overall performing bank in The Banker’s Top 1000 World Banks Rankings 2026, cementing its position as one...
PalmPay has appointed Samuel Oluyemi as Chief Operating Officer (COO) for its Nigerian operations, bringing on board a payments industry veteran as the fintech company accelerates...
As Early-Stage Investment Hits Five-Year Low African start-ups raised $1.36 billion in disclosed funding during the first half of 2026, maintaining a relatively stable performance despite...
Ecobank Transnational Incorporated (ETI) has marked a milestone in African sustainable finance with the listing of its $450 million Sustainable Agriculture and Natural Capital Bond on...
The National Pension Commission (PenCom) has introduced new cybersecurity requirements for pension fund operators as part of efforts to protect contributors’ records, curb fraud and improve...
The Central Bank of Nigeria (CBN) has reaffirmed that the standard N100 banknote remains legal tender across the country, following reports that some individuals and businesses...
The Federal Government has dismissed claims that more than N8 trillion, estimated at two per cent of Nigeria’s Gross Domestic Product (GDP), was spent outside the...
Afreximbank $2bn cotton industry commitment to Nigeria is now confirmed, alongside a fresh disclosure that the lender’s total Nigeria investment has hit between $15 billion and...
Nigeria’s pension industry has entered a new phase of regulatory oversight, with the National Pension Commission (PenCom) introducing a mandatory annual “I Am Alive” verification exercise...
By Àkànní Olúwaségún Michael The Central Bank of Nigeria (CBN) has drawn a clear line on how long it can suspend certain contractual rights when intervening...
Africa’s Global Bank, United Bank for Africa (UBA) Plc, has rewarded thousands of customers with over N400 million in anniversary bonuses under its flagship UBA Bumper...
The Federal Competition and Consumer Protection Commission (FCCPC) has denied reports claiming it recently approved 48 additional digital loan applications, stating that no new licences have...
By Àkànní Olúwaségún Michael Nigeria has secured a €200 million financing loan from the European Investment Bank’s development arm, EIB Global, to expand access to credit...
The Mastercard SME Confidence Index highlights a community of entrepreneurs eager to expand, and Mastercard remains committed to deploying scalable solutions and capability-building initiatives that foster a more...
RELIEF: Tax reforms designed to make healthcare more affordable reshape sector's contribution to government revenue
By Àkànní Olúwaségún Michael Airtel Africa says 2.4 million people across its markets now earn income through its Airtel Money agent network. The telecoms and fintech...
