Finance
BoI Disburses Record N636bn to Over 7,000 Businesses in 2025
The Bank of Industry (BoI) has disclosed that it disbursed a total of N636 billion to more than 7,000 businesses...
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FAAC Recovers N2.36tn, $7.87m in Unremitted Revenue Arrears in 2025
The Federation Account Allocation Committee (FAAC) Post-Mortem Sub-Committee has recovered N2.36tn and $7.87m in outstanding revenue arrears from revenue-generating agencies...
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Access Bank Waives Cross-Border Transfer Fees via PAPSS to Boost Intra-African Payments
Access Bank Plc has announced a waiver of outbound transfer charges on cross-border payments to other African countries through the...
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NDIC Vows to Deploy New Powers Under 2023 Act to Recover Failed Banks’ Debts
The Nigeria Deposit Insurance Corporation has vowed to fully deploy its enhanced enforcement powers under the NDIC Act 2023 to...
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UBA Unveils Aggregator Sales Structure to Boost RedPay POS, Agency Banking Network
United Bank for Africa Plc has introduced a new Aggregator Sales Structure for its RedPay POS and Agency Banking Network...
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CBN Approves BDC Participation in Nigerian Foreign Exchange Market
The Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian...
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Access Bank Fails to Conclude Acquisition of South Africa’s Bidvest Bank
Access Holdings Plc has confirmed that its banking subsidiary, Access Bank Plc, did not complete its proposed acquisition of a...
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Digital Payments Now Drive 43% of Fuel Transactions in Nigeria – Moniepoint Report
Digital payment channels now account for 43 per cent of fuel transactions in Nigeria, signalling a significant shift away from...
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Finance Minister Urges Nigeria to Reduce Debt Dependence, Strengthen Domestic Revenue Base
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called on Nigeria to reduce its dependence...
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PenCom DG: Accredited Pension Agents reform targets 75 million informal workers
The National Pension Commission (PenCom) has officially launched Awabah as Nigeria’s first Accredited Pension Agent (APA), a move aimed at...
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