News at the speed of light
Interswitch, an integrated payments and digital commerce company, has concluded the Abuja edition of the Nigeria Revenue Summit, marking the end of a series of engagements that commenced…
The Federal Government has reiterated its commitment to deepening reforms in Nigeria’s insurance industry, with a focus on strengthening regulatory oversight, expanding financial inclusion, and enhancing the sector’s…
OPay has officially launched its new office in Jos, Plateau State, marking another milestone in its mission to bring fast, secure, and reliable financial services closer to Nigerians.…
The Central Bank of Nigeria (CBN) has announced that all diaspora remittances will be paid out exclusively in naira from May 1, 2026, marking a significant shift in…
The Central Bank of Nigeria has been named Central Bank of the Year by Central Banking magazine, in recognition of sweeping reforms that restored macroeconomic stability and investor…
The Nigerian currency weakened in the foreign exchange market after rising global tensions in the Middle East triggered increased dollar demand and the exit of some foreign portfolio…
Nigeria’s Value Added Tax (VAT) revenue rose to N2.28 trillion in the third quarter of 2025, representing a 10.66 per cent increase compared to the N2.06 trillion recorded…
The Central Bank of Nigeria has strengthened its foreign reserves with the delivery of responsibly sourced gold refined to London Bullion Market Association Good Delivery standards, increasing the…
Nigerian deposit money banks disbursed a total of N36.39tn in credit to the Trade and General Commerce sector between January and September 2025, reflecting continued lending activity within…
The Central Bank of Nigeria (CBN) has reported a significant increase in the country’s net foreign exchange reserves, which rose by 772 percent within two years, climbing from…
