Business

By Elizabeth Adegbesan eTranzact International Plc has reaffirmed its commitment to supporting Micro, Small and Medium Enterprises, MSMEs, through digital payment solutions, as it deepens its partnership with the Small and Medium Enterprises Development Agency of Nigeria, SMEDAN, to promote financial inclusion. The commitment was made at the SMEDAN/eTranzact Town Hall Engagement, themed, “Financial Literacy and […]

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By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, yesterday opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks for virtual assets and data-enabled financial services. Applications open today and close August 31, 2026, with the programme providing a controlled environment for innovators to test new financial products, […]

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Nigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […]

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By Cynthia Alo The Nigeria Deposit Insurance Corporation (NDIC) and the House of Representatives Committee on Insurance and Actuarial Matters have intensified efforts to strengthen Nigeria’s financial safety net following the completion of the banking sector recapitalisation exercise. The move came as more than 60 members of the House Committee met with NDIC officials in […]

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