Tag: #FinancialInclusion
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FG RATIFIES FRAMEWORK FOR NIGERIA’S MODERN DIGITAL ADDRESSING SYSTEM
The Federal Government has ratified a preliminary framework to establish a digitised and modern national addressing system capable of locating individuals, businesses and communities across Nigeria. The decision was taken at a meeting of the National Addressing Council (NAC) and key stakeholders in Abuja, chaired by Vice President Kashim Shettima. Under the new arrangement, the…
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DIGITAL PAYMENTS KEY TO FINANCIAL INCLUSION, ECONOMIC GROWTH — CBN
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to expanding digital payment channels as a means of deepening financial inclusion, supporting economic growth and accelerating national development. CBN Governor Olayemi Cardoso, represented by Acting Director of Corporate Communications and Investor Relations, Hakama Sidi-Ali, stated this at the CBN Fair in Lafia, Nasarawa State.…
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NIA UNVEILS FIVE-YEAR PLAN TO BOOST INSURANCE UPTAKE IN NIGERIA
The Nigerian Insurers Association (NIA) has unveiled a five-year strategy aimed at increasing insurance penetration and strengthening public confidence in Nigeria’s insurance industry. The NIA Chairman, Mrs Ebelechukwu Nwachukwu, said the strategy would be implemented through an Awareness, Capacity Building and Enforcement (ACE) agenda designed to move the industry from potential to stronger performance. Under…
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EBELECHUKWU NWACHUKWU MAKES HISTORY AS FIRST FEMALE CHAIRPERSON OF NIGERIAN INSURERS ASSOCIATION
Mrs. Ebelechukwu Nwachukwu has made history as the first woman to lead the Nigerian Insurers Association (NIA), following her inauguration as the association’s 27th Chairperson, 55 years after its establishment. Assuming office at an investiture ceremony in Lagos, the Managing Director of Rex Insurance pledged to drive reforms aimed at increasing public confidence and expanding…
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POS AGENTS BECOME KEY FINANCIAL SERVICE HUBS IN GWAGWALADA
For many residents of Gwagwalada Area Council in the FCT, Point of Sale (POS) agents have become an essential part of daily banking and financial transactions. A survey by the News Agency of Nigeria (NAN) found that residents increasingly rely on POS operators for cash withdrawals, transfers, bill payments, airtime purchases, and other financial services.…
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FG BEGINS SOUTH-WEST TOUR AHEAD OF COOPERATIVE BANK LAUNCH
The Federal Government has launched a South-West sensitisation and advocacy tour ahead of the proposed Cooperative Bank of Nigeria rollout. The initiative, led by the Federal Ministry of Agriculture and Food Security, began in Lagos and focuses on cooperative sector reforms, share capital mobilisation and digitalisation. Officials say the planned Cooperative Bank is expected to…
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ARTISANS SET FOR BIG BOOST AS TASE 2026 TARGETS FINANCE, SKILLS GAP
From carpenters to creatives—Nigeria’s artisans are getting a platform to grow, earn more, and go global. Say it Loud Africa has announced plans to host the Artisan Summit and Expo (TASE) 2026, a major push to tackle challenges holding back artisans especially access to finance and proper business structure. Speaking ahead of the event, advocate…
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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…
