Tag: #FinancialInclusion
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TINUBU LAUNCHES NINAUTH APP TO BOOST NIGERIA’S IDENTITY SYSTEM
President Bola Tinubu has vowed to deliver a secure, credible national identity management system, key to Nigeria’s development. At the State House on Thursday, he launched the NINAuth App a mobile tool by the National Identity Management Commission (NIMC) that verifies identity with ease. Tinubu highlighted how this tech innovation will fight bureaucracy and corruption…
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BANK OF NIGERIA LAUNCHES VERVE FLASH PROMO WITH FREE CARDS
Bank of Nigeria Ltd. is rewarding customers with free Verve cards through its new Verve Flash Promo. From October 6, 2025, to January 30, 2026, 131 customers daily with expired ATM cards can get free Verve cards at branches nationwide. The promo celebrates FirstBank’s 131 years of trust and innovation, aiming to boost secure, convenient…
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CRYPTO TRANSACTIONS TOP $50 BILLION WHILE NIGERIA’S CAPITAL MARKET FIGHTS LOW PARTICIPATION
The Securities and Exchange Commission (SEC) revealed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between July 2023 and June 2024, highlighting a strong appetite for digital assets. However, SEC Director-General Dr. Emomotimi Agama pointed to a paradox: while under 4% of Nigeria’s adult population actively invest in the traditional capital market,…
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FCCPC APPLAUDS CBN DRAFT GUIDELINES FOR QUICK ATM FAILED TRANSACTION REFUNDS
The Federal Competition and Consumer Protection Commission (FCCPC) has warmly welcomed the Central Bank of Nigeria’s (CBN) draft guidelines that require banks to refund customers for failed ATM transactions within 48 hours. FCCPC’s Director of Corporate Affairs, Ondaje Ijagwu, revealed this in a statement following a recent Consumer Complaints Data Report. FCCPC’s Executive Vice Chairman,…
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TINUBU JUSTIFIES ₦200BN FUND TO BOOST MSMEs AND MANUFACTURERS
President highlights bold support measures fueling Nigeria’s economic growth and youth empowerment. President Bola Tinubu, speaking via Vice-President Kashim Shettima at the 31st Nigerian Economic Summit, explained the ₦200 billion intervention fund was designed to help MSMEs and manufacturers overcome structural challenges and increase competitiveness. With a strong GDP growth of 4.23% in September 2025,…
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NIGERIA’S PENSION SCHEME TRANSFORMS RETIREMENT SECURITY, PENSIONS HIT N14.8B MONTHLY
PenCom’s CPS boosts coverage and benefits while ensuring timely payments and better welfare. PenCom DG Omolola Oloworaran hailed Nigeria’s Contributory Pension Scheme (CPS) for revolutionizing pensions over 20 years, covering 10 million Nigerians and growing assets to over ₦25 trillion. Monthly pensions rose from ₦12.16 billion to ₦14.84 billion in June 2025, with zero waiting…
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PALMPAY TEAMS UP WITH AXA MANSARD TO EXPAND HEALTH INSURANCE ACCESS VIA MOBILE APP
PalmPay has partnered with AXA Mansard to make health insurance easier and more accessible for millions of Nigerians through the PalmPay app. Users can now buy and manage tailored health plans covering online doctor consultations, medication, diagnostics, surgery, and life insurance—all from their phones. This move aims to close the health coverage gap and boost…
