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Financial inclusion

Doctor Sues Ex-Lagos Task Force Boss For Contempt

Dr. Ojo Ademola sues ex-Lagos Task Force head for contempt over continued trespass on his Lekki land despite court order.

All You Need to Know About New NNPC GCEO Ojulari

KEY POINTS President Tinubu’s dissolution of NNPCL’s board and appointment of Ojulari underscores a...

CBN Reforms Boost Investment to Four-Year High

CBN reforms have driven investment inflows to a four-year high in Nigeria, signaling positive economic growth and enhanced investor confidence.

Apps Drive ₦1.22 Trillion Loan Demand in One Year

Mobile loan apps have driven a ₦1.22 trillion loan demand in Nigeria over the past year, highlighting the impact of digital lending on financial inclusion.

Surge in Naira Loan Apps Reflects Nigeria’s Debt Boom

Nigeria experiences a 64% surge in Naira-based loan apps as citizens turn to digital solutions for quick and accessible credit, highlighting economic challenges and opportunities.

Fintech Firms to Resume Customer Enrollment After Regulatory Pause

Nigerian fintech companies will be allowed to resume enrolling new customers in a few months, according to the Central Bank of Nigeria (CBN). The CBN had suspended new customer onboarding in April to address concerns about money laundering.

Over 107 Million Nigerians Now Enrolled in National ID Database

The National Identity Management Commission (NIMC) in Nigeria is making significant strides in its National Identity Number (NIN) enrollment drive. As of May 2024, over 107.3 million Nigerians have been captured in the national identity database. The NIMC is also working to expand capacity to enroll 250 million Nigerians and introducing a new multifunctional National ID Card that offers a variety of functionalities beyond just identification, including financial transactions, access to government services, and travel identification. 

Nigeria’s New Plan to Boost Consumer Credit and Economic Growth

Nigeria’s Federal Government has launched a new initiative to improve consumer credit and stimulate...

Nigerians Deposit More Money in Banks as CBN Boosts Lending and Devaluation Increases Dollar Value

Nigerian banks have witnessed a surge in customer deposits this year, as the Central...

Financial Inclusion for Women in Nigeria: A Game-Changing AI Initiative

At the recent Grand Challenges Annual Meeting in Dakar, Senegal, sponsored by the Bill...

Latest articles

Doctor Sues Ex-Lagos Task Force Boss For Contempt

Dr. Ojo Ademola sues ex-Lagos Task Force head for contempt over continued trespass on his Lekki land despite court order.

All You Need to Know About New NNPC GCEO Ojulari

KEY POINTS President Tinubu’s dissolution of NNPCL’s board and appointment of Ojulari underscores a...

President Tinubu Begins Strategic Working Visit to Paris to Assess Midterm Progress

KEY POINTS Tinubu’s Paris visit focuses on evaluating his administration’s progress and planning the...

Uromi Killings: Yoruba Youth Leaders Condemn, Urge Action

As Yoruba youth leaders they denounce the Uromi killings while advocating for governmental countermeasures to stop Fulani herdsmen raids in southwestern Nigeria.