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Breaking news and reports on financial institutions, fiscal policies, government spending, and corporate finance developments.
Finance
DBN secures €40m BADEA credit facility to expand MSME lending in Nigeria
The Development Bank of Nigeria Plc (DBN) has secured a €40m line of credit from the Arab Bank for Economic...
Finance
Developing countries launch debt platform to strengthen global voice
Developing countries have unveiled a new Borrowers’ Platform aimed at improving debt management and presenting a unified position in global...
Finance
NDPC probes Remita, Sterling Bank over alleged data breach
The Nigeria Data Protection Commission (NDPC) has commenced an investigation into an alleged data breach involving Remita Payment Services Limited,...
Finance
CBN 2026 Bank Recapitalisation Deadline: What it means for Nigerian customers
The 2026 banking recapitalisation exercise is a structured regulatory process designed to strengthen Nigeria’s financial system. While it has generated...
Crypto
APEX Network, AltSchool launch 1,000 Crypto literacy scholarships for Nigerians
APEX Network and AltSchool Africa have launched a large-scale crypto literacy scholarship aimed at helping Nigerians move from speculative trading...
Finance
CBN orders banks to instantly reverse failed ATM transactions
The Central Bank of Nigeria has directed banks to immediately reverse failed automated teller machine transactions, introducing stricter timelines designed...
Finance
AfDB Approves $5.52m Grant to Strengthen West Africa Tax Systems
The African Development Bank Group (AfDB) has approved a $5.52 million grant to help West African countries strengthen their tax...
FinanceLoan
CBN orders banks to stop giving loans to borrowers with unpaid debts
The Central Bank of Nigeria (CBN) has ordered commercial banks to stop granting new loans and certain banking services to...
Finance
Ecobank increases lending to women by 194% to $780m in 2025
Ecobank Group says it increased loans to women-led businesses by 194 per cent in 2025, providing a record $780m in...
FinanceWomen Empowerment
Alitheia Capital’s W.O.M.A.N Platform Supports Women-Led MSMEs
Alitheia Capital says its W.O.M.A.N (Women in Manufacturing, Agribusiness & Nutrition) platform is helping to empower women-led businesses by providing...
