FairMoney Microfinance Bank is accelerating its transition from a digital lender into a full-service financial institution, as it broadens its product portfolio to serve Nigeria’s underbanked and financially excluded population. The strategic shift comes against the backdrop of Nigeria’s persistent financial inclusion gap. According to the Enhancing Financial […]
Kaspersky’s 2025 Security Bulletin paints a sobering picture of what lies ahead for the global financial sector, warning that the cyber threats banks grappled with in 2025 were only a prelude to a far more complex and adaptive crisis expected in 2026. According to the report, cybercriminal activity […]
The Nigerian Communications Commission (NCC) says it is working closely with key industry stakeholders to tackle the ongoing Quality of Service (QoS) disruptions affecting telecom subscribers in Abuja. The commission disclosed that the service issues stem from a diesel supply interruption affecting IHS Nigeria Limited, the infrastructure provider […]
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has announced that banks will be required to request a Tax Identification Number (TIN) from all taxable Nigerians, in line with the federal government’s new tax administration framework taking effect on January 1, 2026. Oyedele […]
The National Agency for Science and Engineering Infrastructure (NASENI) has launched FutureMakers, a nationwide initiative aimed at nurturing creativity, problem-solving abilities, and early-stage innovation in children aged 5 to 16. The programme was officially introduced on Thursday, December 11, 2025, at NASENI’s headquarters. Executive Vice Chairman/CEO, Khalil Suleiman […]
The Naira maintained relative stability against the US Dollar on Wednesday, December 10, 2025, across both official and parallel markets, following the Central Bank of Nigeria’s (CBN) recent overhaul of the Bureau de Change (BDC) sector. Data from the Nigerian Foreign Exchange Market (NFEM) shows the Naira trading at […]
In the first nine months of 2025, MTN Nigeria invested a staggering ₦757.4 billion in capital expenditure, a figure that eclipses even its own record profits and tells a story far beyond corporate success. This is not just business growth; it is a masterclass in execution within a system often […]
The Corporate Affairs Commission (CAC) has introduced new rules for submitting Business Name Online Update requests. According to a notice titled “Important Notice For Business Name Update” posted on the commission’s official X account, all update requests must now include the following information: Proprietor’s Date of Birth […]
L-r: Chika Reginald Nwosu, Managing Director, PalmPay; Tunde Ogundipe, Co-Founder & Chief Executive Officer, E-Doc Online; Emezino Afigbe, Head, Gender Center for Excellence, Enhancing Financial Innovation and Access (EFInA); Ronke Kuye, CeBIH Advisory Council; Dr. Badamasi Lawal, CEO National Social Investment Program; Uche Uzoebo, Chief Executive Officer, Shared Agent Network […]
Nigeria’s National Information Technology Development Agency (NITDA) has issued an urgent cybersecurity advisory highlighting newly discovered vulnerabilities in OpenAI’s GPT-4.0 and GPT-5 series, as well as security risks affecting Cisco firewall devices used across enterprises. The agency, through its Computer Emergency Readiness and Response Team (CERRT.NG), identified seven critical […]
