Court Overturns CBN Intervention in Union Bank, Signals Major Regulatory Shift for Banking Sector
A landmark ruling by Justice Chukwujekwu Aneke of the Federal High Court in Lagos has upended regulatory precedent in Nigeria’s...
CBN Directs Money Transfer Operators to Open Naira Settlement Accounts to Improve Remittance Transparency
The Central Bank of Nigeria has directed all International Money Transfer Operators (IMTOs) operating in the country to open and...
Expert Shares Five Wealth-Building Strategies for Nigerian Women-Led Businesses
A wealth management expert has outlined five key strategies Nigerian women entrepreneurs can adopt to build sustainable and generational wealth...
FairMoney Bolsters Governance with Appointment of Gbenga Shobo as Chairman, Debo Aderoju as Executive Director
FairMoney has bolstered governance with appointment of Gbenga Shobo as Chairman and Debo Aderoju as Executive Director. NewsOnline Nigeria reports...
CBN Imposes N10m Fine on Banks Using Unaccredited Cheque Printers, Revises Sanctions Regime
The Central Bank of Nigeria (CBN) has introduced stricter penalties, including a N10 million fine and withdrawal of cheques from...
CBN Grants Opay, Moniepoint and PalmPay National Operating Status
The Central Bank of Nigeria (CBN) has approved the upgrade of Opay, Moniepoint, and PalmPay to national operational status, clearing...
FairMoney Disburses ₦150bn in Loans, Pays Over ₦7bn Interest on Savings
FairMoney Microfinance Bank (MFB) has announced that it disbursed more than ₦150 billion in loans over the past year, while...
Top 5 NGX Penny Stocks to Watch in 2026 Amid Nigeria’s Recapitalization Drive
As the Nigerian Exchange (NGX) enters a defining phase in 2026, investor attention is increasingly shifting to low-priced equities, commonly...
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...
