The Federal Government has approved the appointment of Dr. John Nwabueze as the Tax Ombudsman, in accordance with the provisions of the Joint Revenue Board of Nigeria (Establishment) Act, 2025. This appointment reflects President Bola Ahmed Tinubu’s commitment to implementing comprehensive and sustainable reforms in Nigeria’s tax and revenue administration framework. Dr. Nwabueze, READ MORE
Category: Finance
FirstBank partners with Verve to free Verve Debit Cards in nationwide flash promo, extends Good Life Promo
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative rewarding customers with free Verve cards. The campaign, which commenced on 6 October 2025, and will run until 30 January 2026, is exclusively targeted at FirstBank customers whose READ MORE
Zenith bank’s gross earnings jumps 16%, hits N3.4TN as PBT remains robust at N917.4BN in Q3 2025 results
Zenith Bank Plc has released its unaudited financial results for the nine months ended 30 September 2025, with a remarkable 16% year-on-year growth in gross earnings from N2.9 trillion recorded in Q3 2024 to N3.4 trillion in Q3 2025. The Group’s performance continues to demonstrate resilience, strong momentum, disciplined execution and an ability to deliver READ MORE
Lagos Govt Disburses ₦1.6bn Financial Aid to 1,000 Residents
The Lagos State Government has disbursed ₦1.6 billion under its Eko Cares/Eko Listens Financial Assistance Programme, benefiting no fewer than 1,000 residents across the state. At a ceremony held on Wednesday at the Blue Roof Arena, Ikeja, beneficiaries received cheques ranging from ₦300,000 to ₦1.5 million to support small businesses, healthcare expenses, and persons READ MORE
NELFUND Disburses ₦116.4bn in Student Loans to Over 624,000 Beneficiaries
The Nigerian Education Loan Fund (NELFUND) has reported major progress in its student loan programme, announcing that over ₦116.4 billion has been disbursed to beneficiaries since the launch of its application portal on May 24, 2024. According to the Daily Status Report released on Tuesday, October 28, 2025, via NELFUND’s official X handle, the READ MORE
AXA Mansard promotes financial literacy in Lagos schools
AXA Mansard Investments Ltd., a member of the AXA Mansard Group has extended its financial literacy programme to four public primary schools in Lagos. The company said in a statement on Monday that the initiative was part of efforts to promote youth empowerment and community development. It said the programmes were carried out READ MORE
NAICOM, FRSC, NHIA Partner to Strengthen Road Safety and Insurance Compliance Under NIIRA 2025
In a renewed effort to improve road safety and promote insurance compliance nationwide, the National Insurance Commission (NAICOM), the Federal Road Safety Corps (FRSC), and the National Health Insurance Authority (NHIA) have entered into a strategic partnership under the newly enacted Nigerian Insurance Industry Reform Act (NIIRA) 2025. The collaboration was formalized during a READ MORE
Afreximbank celebrates outgoing President and Chairman
African Export-import Bank (Afreximbank) in Cairo, Egypt, marked the end of the tenure of Prof. Benedict Okey Oramah as its President and Chairman of the Board of Directors, with a legacy conference where the outgoing President announced that he made the promotion of intra-African trade and investment the arrowhead of the Bank’s strategy when he READ MORE
President Tinubu welcomes the delisting of Nigeria from the FATF grey list
*Says Nigeria is committed to global financial transparency President Bola Tinubu has welcomed Nigeria’s delisting from the Financial Action Task Force (FATF) grey list. The FATF announced the delisting at its Plenary in Paris, France, today. The FATF is the world’s foremost standard-setting body for combating money laundering, terrorist financing and proliferation READ MORE
NELFUND to Open 2025/2026 Student Loan Portal on Thursday
The Nigerian Education Loan Fund (NELFUND) has announced that its student loan application portal for the 2025/2026 academic session will officially open on Thursday, October 23, 2025. The announcement was made by NELFUND’s Managing Director, Mr. Akintunde Sawyerr, through a statement issued by the Fund’s Director of Strategic Communications, Mrs. Oseyemi Oluwatuyi, on Tuesday READ MORE
Moniepoint Secures $200M Series C Funding to Advance Financial Inclusion Across Africa
Moniepoint Inc., Africa’s leading all-in-one financial platform for businesses and individuals, has successfully closed its Series C funding round, raising over $200 million in equity financing. This major milestone underscores the company’s rapid growth, consistent profitability, and deep impact on financial inclusion across Africa. The funding will fuel Moniepoint’s expansion across the continent and READ MORE
Nigeria: MoniePoint, trade ministry, CAC partner to strengthen SME businesses
MoniePoint Inc. says it is collaborating with the Ministry of Industry, Trade and Investment and the Corporate Affairs Commission (CAC) to make it easier for informal businesses to formalise their dealings. Mr Tosin Eniolorunda, the Group Chief Executive Officer (CEO) and co-founder, Moniepoint Incorporated, said this in the company’s Informal Economy Report, 2025, unveiled READ MORE
Nigeria: CBN assures investors of plans to continue advancing reforms, unlock opportunities for sustainable investment
The Central Bank of Nigeria (CBN) has assured foreign investors that the government will continue to advance reforms and unlock opportunities for sustainable investment and growth. CBN Governor, Yemi Cardoso, gave the assurance on Wednesday in Washington, while addressing investors at the Nigeria Investors Forum held on the sidelines of IMF/World Bank annual meetings. READ MORE
Jim Ovia: Founder/chairman Zenith bank, reaffirms strong commitment to shareholder value at the NGX closing gong
Zenith Bank Plc’s Founder and Chairman, Dr. Jim Ovia, CFR, accompanied by the bank’s Group Managing Director/CEO, Dame Dr. Adaora Umeoji, OON, on Tuesday, October 14, 2025, carried out the prestigious closing gong ceremony at the Nigerian Exchange (NGX), marking a significant milestone in the bank’s continued partnership with the capital market and the official READ MORE
FCCPC Backs CBN’s 48-Hour Refund Guideline for Failed ATM Transactions
The Federal Competition and Consumer Protection Commission (FCCPC) has endorsed the Central Bank of Nigeria’s (CBN) draft guideline mandating banks to refund customers for failed Automated Teller Machine (ATM) transactions within 48 hours. In a statement issued in Abuja on Monday, FCCPC’s Director of Corporate Affairs, Mr. Ondaje Ijagwu, said the guideline was a READ MORE