Terrorists Using PoS to Collect Ransom - FG
The FG reveals terrorists are exploiting PoS operators to collect ransom, making funds harder to track. Security agencies are collaborating with tech firms to dismantle their networks.
Category : Search result: mortgage financing
Court forfeits N5.2bn lands for Jonathan estate to FG
A Federal High Court in Abuja has permanently forfeited two high-value plots of land meant for the Goodluck Jonathan Legacy Model Housing Estate to the Federal Government. The ICPC secured the order to ensure the project benefits end-users.
Terrorists Use PoS for Ransom, FG Alerts Public
The Nigerian government warns terrorists are using PoS agents to collect ransom, evading detection. Security agencies are working with social media giants to dismantle terror networks. Read more.
Chappal Energies gets $430m financing for oil assets
Chappal Energies secures a $430 million reserve-based lending package to refinance its acquisition of Equinor's Nigerian assets and fund development. This deal highlights investor confidence in well-structured African upstream projects despite tight capit
Experts Urge Sweeping Mortgage Reforms in Nigeria
Financial regulators and housing experts warn Nigeria's economic growth is limited without affordable housing finance. Learn about the N250bn MRIF fund and new strategies.
UBA, Lagride $100m Scheme to Empower 3,500 Lagos Drivers
UBA, Lagride & Lagos State launch a $100m 'Drive to Own' scheme. 3,500 drivers can own a car with 10% equity. CEO shares personal story of driver father. #Empowerment #Lagos
Heirs Energies Gets $750m Afreximbank Financing
Heirs Energies secures a landmark $750 million financing from Afreximbank, marking a major vote of confidence in Nigeria's indigenous energy sector. Read the full story.
Kebbi Youths Protest EFCC Detention of Ex-Minister Malami
Youths in Kebbi State protest the EFCC's detention of former AGF Abubakar Malami, who faces 18 charges including money laundering and terrorism financing. He claims the probe is politically motivated. Read the latest.
Electric Tricycles Launched in Abuja to Combat Pollution
Alpha and Roadrunner unveil electric passenger and cargo tricycles in Abuja. The initiative, featuring a lease-to-own model, aims to cut emissions and boost operator income. #GreenTransport #Nigeria
Africa Reclaims Development Wheel After USAID Freeze
The abrupt freeze of USAID funding forces African governments and civil society to recalibrate strategies, sparking a crucial shift towards sovereignty and sustainable domestic financing for health and gender programmes.
Accion MFB Calls for Urgent Reforms to Finance MSMEs
Accion Microfinance Bank pushes for digital onboarding and value-chain financing to unlock credit for Nigeria's informal sector, crucial for 80% of jobs. Read the key reforms needed.
Woman's Heartbreak After Financing Boyfriend's Move Abroad
A 37-year-old woman reveals how she brought her boyfriend abroad, financed everything, only for him to fall in love with her pregnant neighbour. Full story and video.
Union Bank Unveils 'Endless Possibilities' Campaign
Union Bank of Nigeria launches its 'Endless Possibilities' campaign, celebrating Nigerian resilience and ambition. Discover how the 108-year-old bank supports growth.
FG Pushes States to Lead Disaster, Poverty Response
Federal Government mandates states to lead humanitarian and poverty reduction efforts. New 'One Humanitarian, One Poverty Reduction System' aims to harmonise interventions and boost accountability.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
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.
CBN Revokes Aso Savings, Union Homes Licences
The Central Bank of Nigeria has revoked the operating licences of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc for failing to meet capital requirements. Learn the full details and implications for Nigeria's mortgage sector.
CBN revokes licences of two mortgage banks
CBN revokes Aso Savings & Union Homes licences for regulatory breaches. NDIC starts insured deposit payments up to N2m. Learn how to claim your funds.
How Boko Haram Gets Money: 4 Funding Sources Revealed
Nigerian journalist Ahmad Salkida details Boko Haram's adaptive financial model, from community donations to criminal enterprises, explaining its resilience against military pressure. Read the full analysis.
Prominent Nigerians Deny Terrorism Financing Allegations
Former CBN Governor Godwin Emefiele, ex-AGF Malami, and Ambassador Buratai have issued strong denials after being named in a report revisiting a 2021 terror financing probe. Read their full statements.
Ex-Army Chief Buratai Denies Terrorism Financing Links
Former Chief of Army Staff, Lt.-Gen. Tukur Buratai, has vehemently denied an online report linking him to terrorism financiers. He calls for a retraction and apology or faces legal proceedings.
Ex-CBN Gov Emefiele Denies Sponsoring Terrorism
Former CBN Governor Godwin Emefiele has vehemently denied allegations of financing terrorism in Nigeria, describing the reports as malicious and baseless. Read his full statement and the context of the claims.
Ex-AGF Malami Refutes Terror Financing Allegations
Former Attorney-General Abubakar Malami dismisses terror financing insinuations as politically motivated. He highlights his anti-terrorism reforms. Read his full statement.
Ex-Justice Minister Malami Rejects Terror Sponsor Claims
Former AGF Abubakar Malami breaks silence, dismissing terror financing claims as baseless and politically motivated. He highlights key anti-money laundering reforms from his tenure. Read his full statement.
Nigeria Must End Reliance on Foreign Health Aid - Presidency
Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.
FG Slammed for Protecting Identities of Terror Financiers
Political activist Timi Frank accuses the Nigerian government of shielding terrorism sponsors and credits US actions for forcing a security response. He urges withholding intelligence until prosecution.
FCMB Named Nigeria's Best SME-Focused Bank for 2025
First City Monument Bank (FCMB) wins the 2025 Best SME Focused Bank award from CIBN, holding a dominant 24% of industry SME lending. Discover how they fuel Nigeria's top economic sectors.
Bank CEO Calls for $25bn Aviation Fund in Nigeria
Fidelity Bank CEO Nneka Onyeali-Ikpe urges the Federal Government to create specialised funding from the CRR to bridge Nigeria's $25 billion aviation finance gap and support fleet growth.
$50m Credit Boost for Northern Nigeria MSMEs
British International Investment and FCMB partner to provide a $50 million credit facility, with 70% targeting MSMEs in Northern Nigeria and 30% for women-owned businesses nationwide. Read more.
Kaduna fast-tracks $62.8m Kuwait Fund for development
Governor Uba Sani accelerates Kuwait's $62.8m support for Kaduna's education, healthcare, and agriculture. Over 100,000 out-of-school children targeted. Read more.
Page 1 of 3