Tag: #FinancialInclusion
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EXPERTS URGE GRASSROOTS TAX EDUCATION, BETTER DIGITAL SYSTEMS
Tax specialists say simpler filing and public awareness are key to boosting compliance under Nigeria’s new tax reforms. Tax experts at the National Policy Dialogue on Tax Reform in Abuja called for stronger digital infrastructure and grassroots education to help Nigerians navigate the TaxPro Max system. Prof. Henry Egharevba highlighted login difficulties on TaxPro Max,…
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N1BN FUND LAUNCHED TO BOOST WOMEN ENTREPRENEURS IN NIGERIA
Empowering women, growing businesses, transforming the economy. The Bank of Industry (BoI) and MTN Nigeria Foundation have unveiled a N1 billion Y’ellopreneur 3.0 Matching Fund to support women-led businesses nationwide. The initiative provides loans up to N5 million, equipment financing, and structured training to scale small enterprises to industrial levels. BoI’s Dr Olasupo Olusi said…
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GUINEA INSURANCE LAUNCHES N5.8BN RIGHTS ISSUE TO BOOST GROWTH
Capital raise aimed at stronger operations, tech investments, and better returns. Guinea Insurance Plc has kicked off a N5.8 billion Rights Issue, offering 5.295 billion shares at N1.10 each—two new shares for every three held—to strengthen its capital base and fund expansion. Chairman Temitope Borishade said the move aligns with the company’s vision to scale…
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DIGITAL LENDERS BRIDGE CREDIT GAP FOR WOMEN ENTREPRENEURS
Licensed digital lenders in Nigeria are helping women-owned businesses access fast, flexible, and collateral-free financing, closing a critical gap for female entrepreneurs, according to Gbemi Adelekan, President of the Money Lenders Association. Speaking ahead of International Women’s Day 2026, Adelekan highlighted that many women entrepreneurs, especially in micro and informal enterprises, struggle to secure traditional…
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CBN WARNS AGAINST NAIRA MUTILATION, SHOWS OFF REFORM WINS
Keep the Naira clean, protect Nigeria’s economy! The Central Bank of Nigeria (CBN) has urged Nigerians to stop spraying, mutilating, counterfeiting, or hawking Naira notes, calling it a national duty to respect the currency. The warning came at the CBN Special Day during the 47th Kaduna International Trade Fair. Deputy Director Sidi Hakama highlighted the…
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FG LAUNCHES FREE FINANCIAL SKILLS TRAINING FOR 10 MILLION NIGERIANS
Big push for women and youth as government targets inclusion, digital skills and wealth creation The Federal Government has kicked off a free nationwide training for 10 million Nigerians to boost financial inclusion and literacy, with a strong focus on women and young people. The programme, driven by the Office of the Vice President through…
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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,…
