Banking Trust Relies on Cybersecurity & AI - Union Bank CITO
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
Category : Search result: financial regulation Nigeria
Stakeholders Advocate AI Adoption in Nigeria's Primary Healthcare
Health and tech experts call for AI integration in Nigeria's PHCs to cut costs and improve access. They highlight a $1.5bn market potential but warn of regulatory and data gaps.
Why Insecurity Persists in Northcentral, Northwest — Experts
New research reveals how illegal mining, weak governance, and community exclusion drive violence in North-Central and North-West Nigeria. Experts warn blanket bans may worsen the crisis. Discover the evidence-based solutions.
Lagos to Regulate Informal Spaces Under New Plan
Lagos State Government announces decisive steps to regulate informal spaces like road setbacks and under-bridge areas. Commissioner Dr. Oluyinka Olumide outlines plan for safety and sustainable urban growth. Read more.
Chinese Dragon in Nigeria's Digital Wallet Sparks Security Alarm
With over 50 million users, Chinese-owned fintechs like OPay dominate Nigeria's street economy. Experts warn of data sovereignty risks and urge CBN action. Read the full analysis.
Cross River cracks down on unlicensed medical outfits
Cross River State declares zero tolerance for unlicensed medical practice. Health Commissioner warns against quackery after arrests, vows stronger enforcement in 2026 to protect public health.
Lady Reaches PiggyVest Payday After Saving for Rent All Year
A Nigerian woman shares her joy online after successfully saving for rent throughout 2025 using PiggyVest. Despite a change of plans for the funds, she celebrates the financial discipline achieved.
CBN Directs Banks to Enable Foreign Card Use on ATMs, POS
The CBN mandates Nigerian banks to configure ATMs and POS terminals to accept foreign cards, introducing new security measures for transactions above $200 daily. Report challenges to the Consumer Protection Department.
Dave Uduanu Named JA Nigeria Board Chairman
Junior Achievement Nigeria appoints Dave Uduanu as its new Board Chairman, succeeding Olaniyi Yusuf after a decade. The organisation aims to expand its impact on youth empowerment.
University, Worship Centre in Noise Pollution Dispute
Augustine University in Epe pleads with LASEPA as loudspeakers from Ori Oke Iyanu disrupt studies and health. The VC reports a staff member hospitalized. Read the full story.
ARCON: Oyo State's Ad Vetting Directive is Unlawful
Nigeria's national ad regulator, ARCON, declares Oyo State's mandatory pre-vetting for betting ads unconstitutional. The move could cripple operations and set a dangerous precedent for the industry.
French Court Rejects Request to Suspend Shein's Site
A Paris court has rejected a request to suspend Shein in France, citing the removal of illicit products. The ruling highlights challenges for e-commerce giants in Europe. Read more.
Senate Confirms New NMDPRA, NUPRC CEOs After Resignations
The Senate has confirmed new heads for Nigeria's oil regulatory bodies following the resignations of Farouk Ahmed and Gbenga Komolafe amid serious corruption allegations from Aliko Dangote. Read the full details of the scandal and swift political response
10 Safety Tips for a Secure Nigerian Holiday
Navigate Nigeria's festive season safely with these 10 crucial tips covering travel, home security, and financial safety. Stay prepared and enjoy the celebrations without stress.
Lai Mohammed: Why Twitter Ban Was My Toughest Decision
Former Minister Lai Mohammed opens up on the difficult 2021 suspension of Twitter, citing national security. Read the full story behind the controversial decision.
Tinubu meets oil regulator chief after Dangote's allegations
President Tinubu held a private meeting with NMDPRA CEO Farouk Ahmed following explosive allegations by Aliko Dangote of corruption and economic sabotage in Nigeria's oil sector.
Senate Okays Bills to Modernise Audit, Establish Economists Institute
Nigeria's Senate passes the Federal Audit Service Bill 2025 and the Institute of Economists Bill, aiming to overhaul colonial-era laws and boost financial accountability. Awaiting presidential assent.
New Gaming Law Signed in Enugu, Takes Effect 2026
Governor Peter Mbah has enacted the Enugu State Gaming and Lottery Commission Law 2025, replacing a 2004 law. The new regime introduces strict oversight, consumer protection, and a charitable trust fund.
Okonkwo's Leadership in Nigeria's Secure Printing Sector
Gabriel Okonkwo, MD of Superflux International, discusses driving Nigeria's economic growth through secure printing solutions, ethical leadership, and navigating sector challenges. Discover his transformative journey.
CBN Withdraws Licenses of Two Mortgage Banks
The Central Bank of Nigeria has revoked the operating licenses of Aso Savings and Union Homes for regulatory breaches. Discover the full story and what it means for Nigeria's financial sector.
Police Resume Tinted Glass Enforcement Jan 2, 2026
The Nigeria Police Force announces the resumption of tinted glass permit enforcement on January 2, 2026, citing security concerns. The move sparks public debate as the case remains in court.
PoS Operators Reject CAC Shutdown Plan, Head to Court
PoS operators, led by NAFIAN, plan a legal challenge against the CAC's mandatory registration, calling it overreach. The January 1, 2026, deadline could see unregistered terminals seized.
EU fines Elon Musk's X €120m for DSA rule breaches
The European Union has imposed a €120 million fine on Elon Musk's X for violating the Digital Services Act over deceptive blue checks and ad transparency. Read the full story on the clash between Brussels and Washington.
EU fines X €120M over DSA violations, risks US clash
The European Union imposes a €120 million fine on X for breaching digital transparency rules, testing its resolve against Big Tech and risking tensions with the Trump administration. Read more.
Supreme Court Calls Out FG Over LG Autonomy
Nigeria's Supreme Court has called on the federal government to implement its judgment granting financial autonomy to 774 local governments. The court dismissed Osun state's suit. Full details inside.
TikTok to Block Under-16s in Australia from Dec 10
TikTok will comply with Australia's new social media ban for under-16s starting December 10. The law, a world-first, imposes heavy fines. Read how this affects Nigerian youth and global policy.
Oshiomhole's OPay, Moniepoint Accounts Hacked
Senator Adams Oshiomhole recounts his ordeal with hackers who siphoned funds from his fintech accounts, calling for stricter regulations. OPay responds to shutdown rumours.
Platnova Makes Nigeria's Top 100 Fastest-Growing SMEs
Platnova earns a spot in Nigeria's Top 100 Fastest Growing SMEs at the SME 100 AWARDS 2025. Discover how their cross-border financial services drive economic growth and inclusion.
Senator Natasha: Nigerian Youths Earn 50 Cents, US Gets $30
Senator Natasha Akpoti-Uduaghan reveals Nigerian content creators earn 50 cents for work fetching $30 in the US. She demands fairness in financial reforms. Read more.
EU Investigates Meta Over WhatsApp AI Competition
The European Union has opened an antitrust investigation into Meta, concerned its new WhatsApp AI policy may stifle competition. This marks the bloc's latest move to regulate Big Tech.
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