…and noted increasing investments by the European Investment Bank and other European financial institutions in support of small and medium-sized enterprises, particularly women-led and youth-owned businesses. Responding, Odumegwu-Ojukwu welcomed what she described as the positive momentum in Nigeria-EU relations and exp…

…its Governor, Olayemi Cardoso, in accordance with the provisions of the Banks and Other Financial Institutions Act (BOFIA), 2020.

…and coordinated response across the whole ecosystem, not on walls alone. What Financial Institutions Owe Their Customers For banks, trust is not a reputational nicety; it’s the product. For financial institutions, trust is more than a reputational consideration; it is a strategic asset. Customers will forgive a rare ou…

…that Nigeria's Computer Emergency Response Team (ngCERT) has alerted banks and other financial institutions to strengthen their cybersecurity systems following an increase in sophisticated ATM-related cyberattacks across Africa.In a high-risk security advisory issued on June 25, 2026, the federal cyber incident respons…

…presence within the federal bureaucracy that could later be used to deceive individuals, financial institutions and prospective investors. Ogunye also dismissed claims that the Chief of Staff benefited from the alleged scheme, stating that Gbajabiamila had consistently maintained that he neither knew nor had any dealin…

…and the complexity of terrorist financing controls have led some banks and financial institutions to de-risk from servicing non-profit organisations. This has resulted in account closures, blocked transactions and serious difficulties in delivering humanitarian assistance,” he said. Earlier, the Executive Director of S…

…initially targets India, South Africa, Nigeria, Colombia and Mexico, aims to help local financial institutions, governments, microfinance organisations and non-profit groups develop solutions tailored to the needs of women entrepreneurs. The initiative comes as micro, small and medium-sized enterprises continue to acco…

…the Nigerian Bar Association, NBA, independent media organisations, international financial institutions, human rights groups, diplomatic missions, as well as the ICPC and the Economic and Financial Crimes Commission, EFCC, serving as technical partners. Specifically, he proposed the inclusion of organisations such as…

…pace with rising digital transactions. Adekunle also urged regulators, investors and financial institutions to work together on building interoperable payment systems, trusted digital identity infrastructure and stronger data governance, describing them as critical foundations for an AI-driven financial ecosystem. Duri…

…to data on the CBN website. Commenting on the development, Ayokunle Olubunmi, head of Financial Institutions Ratings at Agusto & Co., attributed the renewed pressure primarily to seasonal demand. "Definitely, it's due to demand for summer travel and school fees," he said, adding that the lingering impact of the Dangote…

…risk management, and regulatory readiness. The initiative comes as Nigerian financial institutions position themselves for the next phase of digital financial services, with Open Banking expected to reshape how banks, fintechs, and other financial service providers share customer data and deliver innovative products un…

…the existing standard N100 banknote. The CBN strongly cautions individuals, businesses, financial institutions, and other economic agents against rejecting the standard N100 banknote. Such rejection constitutes a violation of the provisions of the CBN Act and undermines confidence in the national currency. "The Bank wi…

…notes The Central Bank of Nigeria (CBN) has warned members of the public, businesses and financial institutions against rejecting the standard ₦100 banknote, reaffirming that it remains legal tender and must be accepted for transactions across the country.The clarification follows reports that some Nigerians have refus…

…and large retailers while strengthening its PoS acquiring capabilities to help financial institutions and businesses process card payments more efficiently. It also expanded its e-invoicing platform to help organisations generate, reconcile, and settle invoices within a single digital workflow. Unlike HabariPay, Access…

…cloud and hosting services within the local economy. The question is no longer whether financial institutions must comply. The debate has shifted to whether Nigeria’s data centre ecosystem is ready. The industry says it is ready Nigeria’s data centre operators say they are ready. Ayotunde Coker, chief executive officer…

…value chain. The event will also provide a unique marketplace for developers, investors, financial institutions, manufacturers and homebuyers to network, negotiate partnerships, unveil innovative products and conclude investment deals capable of accelerating housing delivery across the continent. More than 20,000 parti…

…convenient and innovative payment solutions that empower consumers, businesses and financial institutions while advancing financial inclusion and economic participation across Africa. As digital payments continue to transform economies across Africa, Verve remains focused on developing solutions that address local paym…

…the core idea behind Global Settlement. What exactly is the solution you provide to financial institutions and governments? Our primary focus is central bank digital currencies (CBDCs) and government-backed stablecoins. Around that, we have built a compliance infrastructure that includes identity verification, sanction…

…expected to expand access to finance for micro, small and medium enterprises, strengthen financial institutions and mobilise private capital. Neither component had recorded any disbursement. In October 2025, the World Bank approved the $500m Building Resilient Digital Infrastructure for Growth project to improve broadb…

…The company said Esan brings more than two decades of experience advising corporations, financial institutions and government agencies on commercial disputes, arbitration, corporate governance, capital markets, mergers and acquisitions, as well as infrastructure projects. According to the statement, he has advised on s…

…everyone as a stakeholder in the privacy ecosystem, including regulators, businesses, financial institutions, telecommunications companies, media organisations, and ordinary citizens. The goal is for all of us to do what is right for the country. With artificial intelligence and other emerging technologies advancing at…

…11, 2026, Gbajabiamila issued a public disclaimer alerting the public, foreign missions, financial institutions and multilateral organisations that the Presidential Foreign Intervention Promotion Council had no official standing and that no appointment had been made under its name. On July 1, the Special Adviser to the…

…government ministries, regulators, agencies, private sector operators, European financial institutions and businesses, served as a platform for Nigeria to showcase investment opportunities and engage potential partners in financing key sectors of the economy. "At APM Terminals, we recognise that the transition to susta…

…across Nigeria's financial sector as it seeks to improve the health of licensed financial institutions. Microfinance banks play a critical role in extending financial services to low-income households, microenterprises and small businesses. However, institutions that fail to meet regulatory requirements can pose risks…

…kept such assets out of reach. The market has grown rapidly over the past two years as financial institutions continue to experiment with blockchain-based versions of traditional investments. Tokenised RWAs now hold about $10 billion in total market capitalisation, growing tenfold from $957.3 million at the start of 20…