9+ hour, 10+ min ago  (576+ words) For most fintech founders, in their early days of building a fintech, the goal is always simple: build an infrastructure that can help people or businesses save, invest or move money from Point A to Point B. Most founders start by…...

2+ day, 23+ hour ago  (419+ words) Coalition for Fiscal Justice, Economic Renewal and Public Accountability (COFJERPA), a civil society organisation, says Nigeria's ongoing tax reforms are improving transparency and strengthening the country's fiscal outlook. The group made the assessment in a statement issued on Thursday. Clarus…...

1+ day, 21+ hour ago  (206+ words) The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian overnight financing rate (NOFR) to strengthen transparency in the country's money market. In a statement on Friday, CBN said NOFR, a…...

1+ day, 17+ hour ago  (475+ words) The Federal Competition and Consumer Protection Commission (FCCPC) says it has not banned airtime borrowing or data advance services in Nigeria. The statement comes few days after MTN Nigeria said it was suspending its airtime and data credit advance service,…...

6+ day, 12+ hour ago  (470+ words) Convened by the Sterling One Foundation in collaboration with the United Nations in Nigeria and the Federal Ministry of Budget and National Planning, the Africa Social Impact Summit has rapidly emerged as one of the continent's leading platforms for advancing…...

2+ day, 9+ hour ago  (331+ words) The Nigeria Deposit Insurance Corporation says it has commenced the process of concluding the liquidation of 89 microfinance banks (MFBs) and primary mortgage banks (PMBs) whose licences were revoked in 2023. In a statement dated April 8, the corporation said the move follows…...

18+ hour, 36+ min ago  (322+ words) The numbers confirm what anyone who has spent time in a Nigerian market already knows. According to the 2023 EFIn A report, 26 per cent of Nigerian adults remain financially excluded. The World Bank's surveys of Nigerian SMEs consistently identify access to…...

1+ day, 1+ hour ago  (960+ words) There's something quietly unusual happening in Nigeria's energy story. It isn't loud. It doesn't dominate headlines. But if you look closely, it says quite a lot about where the country stands" and where it still struggles. Europe, facing disruptions in…...

4+ day, 12+ hour ago  (366+ words) Mambayya House, Aminu Kano Centre for Democratic Studies (AKCDS) at Bayero University, Kano, is to release a research report examining behavioural patterns and financial inclusion across northern Nigeria. In a statement issued in Abuja on Tuesday, Habu Mohammed, director of…...

1+ day, 19+ hour ago  (349+ words) The Rural Electrification Agency (REA) has partnered with Mente Energy Limited to launch a national programme aimed at driving investment and local manufacturing in Nigeria's renewable energy sector. The initiative, known as the Renewable Energy Localisation and Industrialisation Programme (RELIP),…...