Paystack Acquires Ladder Microfinance Bank, Enters Regulated Banking and Lending in Nigeria
Paystack has acquired Ladder Microfinance Bank in a strategic move to expand beyond payments and formally enter regulated banking and...
FG Directs Banks, Fintechs to Charge 7.5% VAT on Electronic, USSD Banking Services
The Federal Government has directed all banks and financial technology companies to begin collecting and remitting a 7.5 per cent...
NGX Lists 3.16bn New UBA Shares as Bank Crosses CBN N500bn Capital Threshold
The Nigerian Exchange Limited (NGX) has admitted an additional 3.16 billion ordinary shares of United Bank for Africa (UBA) Plc...
FG Unveils $2bn Energy Transition Fund, Seeks $30bn Annual Investment
The Federal Government says it is placing green finance at the centre of Nigeria’s energy transition strategy, with President Bola...
World Bank Projects Nigeria’s Fastest Growth in a Decade at 4.4% in 2026, 2027
The World Bank has projected that Nigeria’s economy will grow by 4.4 percent in both 2026 and 2027, marking what...
FairMoney MD Says Bank–Fintech Collaboration Key to Financial Inclusion, Nigeria’s $1tn Economy Goal
The Managing Director of FairMoney Microfinance Bank, Henry Obiekea, has said that closer collaboration between traditional banks and fintech companies...
CBN Policy Squeezes Private Sector Credit Despite Strong Liquidity, Raises 2026 Turning Point Hopes
Nigeria’s private sector credit market is beginning to show signs of strain under the weight of the Central Bank of...
Premier Cool, PalmPay Launch N100m ‘10K for 10K’ Promo to Reward 10,000 Nigerians
Premier Cool, Nigeria’s leading antibacterial cooling bar soap, has launched a nationwide consumer promotion tagged “10K for 10K”, in partnership...
Access Bank, Visa Launch Corporate Credit Card to Boost Working Capital, Digitise Business Expenses
Access Bank Plc has partnered with Visa Inc. to introduce a corporate credit card designed to help medium and large...
FG Debunks Claims of N500,000 Cap on Card Payments, Clarifies CBN ATM Policy
The Federal Government has dismissed claims that card payments in Nigeria are capped at N500,000, clarifying that no such limit...
