Nigeria Deposit Insurance Corporation (NDIC) said that it has commenced the process of liquidating 89 closed Microfinance Banks (MFBs) and Primary Mortgage Banks (PMBs). This followed...
Nigeria’s economy is projected to grow at 4.1 per cent in 2026 and strengthen slightly to 4.3 per cent in 2027, even as the International Monetary...
Securities and Exchange Commission (SEC) has proposed new rules for Public Offering of securities by a Free Trade Zone Entity (FTZE). Free Trade Zone Entity is...
Central Bank of Nigeria has proposed a specialised mediation panel to resolve disputes in secured lending, cutting court delays and boosting asset-backed loans. In a circular...
Payments Forum Nigeria (PAFON), the country’s leading industry platform for digital finance stakeholders, has announced PalmPay and TeamApt as key sponsors of the third edition of...
NectarFi has announced the public launch of its unified financial platform, designed to give crypto users the kind of complete, seamless financial experience that has long...
Nigeria Data Protection Commission (NDPC) has launched investigation into the activities of so-called ‘sharp sharp’ loan operators over alleged violations of customers’ data privacy. ‘Sharp sharp’...
Ecobank Transnational Incorporated delivered one of its strongest performances in years in 2025, posting $801 million in pre-tax profit, up 21% from a year earlier, alongside...
Ola Olukoyede, executive chairman, Economic and Financial Crimes Commission (EFCC), has cautioned Nigerian banks against granting loans without credible collateral, warning that such practices often lead to insider abuse and...
More than one million online banking accounts were compromised by infostealers last year, as financial cyberthreats shifted toward credential theft and data reuse. Attackers are moving...