Nigeria’s insurance regulator has shifted its attention from strengthening insurers’ capital base to expanding market penetration, following the completion of the industry’s recapitalisation ...

Nigeria’s overnight lending rate rose marginally as tighter liquidity conditions followed recent Central Bank of Nigeria (CBN) treasury bills transactions that drained funds ...

First City Monument Bank (FCMB) has been recognised by the Lagos Chapter of the Information Systems Audit and Control Association (ISACA) for its ...

Growth in Nigeria’s banking and insurance sectors slowed to 9.29 per cent in real terms in the second quarter of 2026, despite more ...

OPay has reaffirmed that it remains fully operational in Nigeria and has no plans to suspend or discontinue its services, following the circulation ...

Nomba, a Nigerian fintech providing payment collection and banking services to businesses, has secured a $3 million debt facility from CardinalStone Finance Company ...

The National Insurance Commission (NAICOM) has launched the Insurance Sector Strengthening Programme (ISSP), a new initiative aimed at expanding insurance coverage in Nigeria ...

Heads of public institutions must strengthen their financial management and establish institutional credibility before seeking additional funding for reforms, Managing Director and Chief ...

Financial technology company OPay has commenced legal action against individuals and groups accused of creating and circulating false claims that the company planned ...

The GSM revolution has evolved into a critical pillar of Nigeria’s economic development, enabling growth across banking, commerce, education, healthcare and digital payments, ...