Financial Services
Microfinance to Disburse N130bn in 2026 to Boost MSMEs Across Nigeria
The Alert Group has unveiled plans to disburse N130 billion in loans across Nigeria in 2026, furthering its commitment to...
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Nigerian Government Launches FGN Savings Bond Offering MSMEs and Retail Investors Up to 15.4% Interest
The Nigerian Government has launched a new Federal Government of Nigeria (FGN) Savings Bond, offering retail investors and micro, small...
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19 Nigerian Banks Meet CBN’s New Capital Requirements Ahead of March 31 Deadline
With fewer than 90 days remaining until the March 31, 2026, deadline set by the Central Bank of Nigeria (CBN)...
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New Tax Law: Senders Now To Pay ₦50 Stamp Duty on Electronic Transfers from January 1,2026
Starting January 1, 2026, Nigerian banks will begin charging a ₦50 stamp duty fee on electronic money transfers of ₦10,000...
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World Bank Warns Nigeria to Reform Fiscal Policies and Diversify Exports to Protect MSMEs Amid Rising Debt
The World Bank has cautioned that Nigeria and other Sub-Saharan African countries must pursue export diversification and fiscal reforms to...
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Ecobank, Bank of China Sign MoU to Boost Trade Finance and Cross-Border Payments Between Africa and China
Ecobank Group has strengthened its commitment to supporting African businesses, including SMEs, by signing a memorandum of understanding with Bank...
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FG Boosts Nigerian Markets and Expands Credit Access for MSMEs with New Financial Support Initiatives
The Federal Government of Nigeria has underscored gains in the nation’s financial markets while reaffirming its commitment to expanding credit...
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Nigerian Banks Alert Customers Of Early Branch Closures
Nigerian banks and financial institutions have informed customers of early or full branch closures nationwide as the country prepares for...
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Mastercard Expands Africa Acceptance Network by 45% in 2025, Unlocks New Opportunities for SMEs
Mastercard has expanded its acceptance network across Africa by 45 per cent in 2025, significantly increasing access to digital payments...
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Tech Talents Benefit N120m from Wema Bank’s Hackaholics 6.0 Program
Emerging tech talents across Nigeria have collectively benefited from N120 million in grants and prizes under Wema Bank’s Hackaholics 6.0...
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