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The money market fund sector in Nigeria continued to grow impressively in April 2026, with a total Net Asset Value (NAV) N5.68 trillion as of April 24, up from N5.45…
Former Nigerian oil minister Diezani Alison-Madueke has denied allegations that she enjoyed luxury homes, expensive shopping trips, and lavish treatment in the UK in exchange for awarding government contracts. Speaking…
The Central Bank of Nigeria (CBN) has upgraded the licences of selected FinTechs and Microfinance Banks (MFBs) with nationwide operations to national status. The disclosure was made by Mr. Yemi…
Paypaxe, a new Nigerian financial management and payments platform, has officially launched in Abuja with a focus on helping businesses automate payroll, improve tax compliance, and strengthen record-keeping. Speaking at…
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele has emphasized the importance of a Tax Identification Number (TIN) for all taxable entities. Without it,…
Union Bank of Nigeria, one of the nation’s longest-standing financial institutions, today announced the successful completion of its merger with Titan Trust Bank Limited, following final approval from the Central…
The World Bank has approved $300 million in financing to help Nigeria strengthen resilience and expand access to essential services for Internally Displaced Persons (IDPs) and their host communities in…
Oando Plc has unveiled an ambitious suite of capital-raising proposals ahead of its 46th Annual General Meeting on August 11, 2025. Subject to shareholder approval, the energy conglomerate aims to…
The Economic and Financial Crimes Commission (EFCC), through its Special Control Unit Against Money Laundering (SCUML) in Kaduna, has sealed Hampton Hilton Hotel and Apartments for violating the Money Laundering…
FirstBank of Nigeria has launched a groundbreaking facial biometric feature on its FirstMobile app, enabling customers to register and activate their devices seamlessly without needing a debit card. The advanced…