finance

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TeamApt: Reliable Payment Rails Key to Financial Inclusion in Nigeria

April 28, 2026
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finance, News

Reliable Payment Rails Key to Financial Inclusion, says TeamApt at PAFON 3.0

Stakeholders at the Payment Forum Nigeria (PAFON) 2026 have emphasised the need for robust and reliable payment infrastructure to drive financial inclusion, particularly among small businesses, merchants, and agents....

IOM and Fidelity Bank Support Ghanaian Returnees Through Financial Skills

February 11, 2026
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finance, Fidelity Bank, News

IOM, Fidelity Bank Ghana Ltd. Partner to Boost Financial Literacy for Ghanaian Returnees.

The International Organization for Migration (IOM) Ghana and Fidelity Bank Ghana Ltd. have formalized a strategic partnership to strengthen the socioeconomic reintegration of Ghanaian returnees through financial literacy and...

January 28, 2026
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FINTECH, finance, News, Technology

CBN upgrades Opay, Moniepoint, Palmpay, others to national licenses

The Central Bank of Nigeria (CBN) has upgraded the licenses of major FinTech companies and Microfinance Banks, including Opay and Moniepoint, to national status, allowing them to operate across...

Accidental bank transfers are rising in Nigeria

January 24, 2026
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finance, News

Digital Errors: How Citizens Steal Millions Through Accidental Bank Transfers

This examines how accidental bank transfers are becoming a troubling feature of Nigeria’s cashless economy, where some recipients quickly spend, hide, and a worrying few brazenly refuse to refund...

FG orders banks, fintechs to collect 7.5% VAT on electronic service fees

January 15, 2026
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finance, ECONOMY, News

FG directs banks, fintechs to collect VAT on electronic service fees

The Federal Government has directed all banks and fintech companies to collect and remit a 7.5 per cent value-added tax (VAT) on certain electronic banking services, with effect from...

January 13, 2026
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finance, ECONOMY, News

Savings in Bank Accounts Not Taxable, Only Profits – NRS Boss

The Executive Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, on Tuesday sought to calm public fears over the new tax laws, insisting that neither the old...

January 10, 2026
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finance, ECONOMY, News, Politics

Tinubu, Shettima Set to Spend N9.3bn on Travels, Food in 2026 Budget

President Bola Tinubu and Vice President Kashim Shettima are projected to spend a combined N9,364,349,417 on local and foreign travels, as well as food and refreshments, in the 2026...

January 9, 2026
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NCC, ECONOMY, finance, News, TELECOMS, Trending Stories

Banks, Telcos Face March Deadline on Failed Airtime Refunds

Banks and telecommunications operators in Nigeria have been given a March 1, 2026, deadline to fully implement a new refund framework aimed at resolving persistent consumer complaints over failed...

CIG Motors Dismisses Executive Director Over Alleged Financial Misappropriation, Refers Case to EFCC

January 4, 2026
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finance, EFCC, News

CIG Motors Terminates Executive Director Jubril Arogundade Over Financial Misappropriation and Abuse of Authority, Refers Case to EFCC

CIG Motors Co. Ltd has announced the immediate termination of the appointment of its Executive Director, Jubril Arogundade(@JubrilofLagos), following internal investigations that uncovered issues relating to financial misappropriation and...

UN General Assembly Approves $3.45bn 2026 Budget

December 31, 2025
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finance, International, News, Politics, UN

UN General Assembly Approves $3.45bn Regular Budget for 2026

The United Nations General Assembly has approved a 3.45 billion-dollar regular budget for the 2026 financial year following weeks of intensive negotiations. The budget approval came amid the implementation...