7.5% VAT on Bank Transfers, USSD Services Takes Effect January 19, 2026
Nigerians have been urged to brace for tougher economic conditions as a new 7.5 per cent Value Added Tax (VAT) ...
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Tag: #DigitalBanking
PalmPay, Premier Cool Launch N100m Cash Reward Promo for Nigerians
Digital bank PalmPay and Premier Cool have launched a nationwide consumer promotion offering a total of N100 million in cash ...
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Wema Bank Unveils Upgraded ALAT App with Voice Banking, Contactless Payments
Wema Bank has raised the bar in Nigeria’s digital banking landscape with the launch of an upgraded version of its ...
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Nigeria Shuts 229 Bank Branches as PoS, Digital Banking Gain Ground
Nigeria’s banking industry is accelerating its transition toward digital and agent-based services, with 229 physical bank branches shut across the ...
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CBN Orders Banks to Ensure Seamless Use of Foreign Payment Cards Nationwide
The Central Bank of Nigeria (CBN) has directed all banks and other financial institutions to ensure the seamless acceptance and ...
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GCR Upgrades FairMoney MFB’s National Scale Ratings
Global Credit Ratings (GCR) has upgraded the national scale issuer ratings of FairMoney Microfinance Bank, marking a significant boost for ...
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Lexis and Blord Group Launch Ofunds to Boost Local Fintech Access
Lexis Development Company Ltd, in partnership with Blord Group, has launched Ofunds, a new mobile application designed to deliver accessible ...
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FirstBank Integrates PAPSS into LIT App, Enables Instant Cross-Border Payments Across Africa
FirstBank, West Africa’s premier financial institution and a leading financial inclusion service provider, has announced the successful integration of the ...
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FBNHoldings’ Profit Soars by 125% in 2024 as it Eyes Another Decade of Growth
In the first nine months of 2024, FBNHoldings Plc, the parent company of First Bank of Nigeria Limited, witnessed a ...
Read moreFirstBank Enhances Supplier Platform, Assures Uninterrupted Banking Services
In response to recent media reports regarding a system upgrade and banking Services, First Bank of Nigeria Limited (FirstBank) has ...
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Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.