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 struggle Nigeria
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.
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.
Africa's Digital Payments Hit $2 Trillion, Nigeria Leads
A new report reveals Africa processed $2 trillion via instant payments in 2024. Nigeria's NIP system is rated highly, but fraud concerns remain a key barrier to wider adoption. Learn more.
MFM Trains 25 in Fish Farming for Financial Independence
Mountain of Fire and Miracles Ministries trains 25 members in modern fish farming techniques, providing materials for financial empowerment and self-reliance in Lagos.
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.
IRON Capital's Rise as Africa's Premier Financial Advisor
Discover how IRON Capital, under Jubril Enakele, became a leading African investment firm, advising Nigeria's $917m US Dollar Bond and major corporations. Explore their journey of trust and innovation.
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.
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.
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.
Army Vet Gets $1.77M After Pension Vanished, Forced to Work
An 88-year-old US Army veteran forced to work at a grocery store after his pension vanished receives a life-changing $1.77 million from generous internet donors. Read the heartwarming story.
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.
SEC Alerts Public on Unregistered Glorious Wealth Fund
Nigeria's SEC warns against investing with Glorious Wealth Fund (GWF), an unregistered platform. Investors report inability to withdraw funds. Verify companies on SEC portal to avoid fraud.
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.
The Ant and The Leaf: A Lesson in Futile Human Struggles
A profound reflection on human struggles, divine destiny (Qadar), and the true purpose of life through the story of an ant and a Quranic lens. Discover why material pursuits are ultimately left behind.
Student Struggles with Final Project Even Using AI
A Nigerian university student shares her struggle with final year project work, revealing it remains difficult even with AI assistance. Discover her story and reactions from others who faced similar challenges.
Investors Urged to Ditch One-Dimensional Strategies
Financial experts warn Nigerian investors against single-asset strategies amid market volatility and inflation. Diversification is key to building resilient portfolios. Learn how to adapt.
NDIC Assures Deposit Safety, Warns Against Fraudsters
NDIC MD reassures Nigerians of deposit safety with up to ₦5m insurance. He warns against Ponzi schemes and details collaboration with CBN for banking stability. Visit their Trade Fair pavilion for more.
CBN Enforces New Cash Withdrawal Limits & Fees
The Central Bank of Nigeria has announced new weekly cash withdrawal limits of N500,000 for individuals and N5m for corporates, with excess fees starting January 1, 2026. Read the full details.
Verve Issues 100 Million Payment Cards Across Africa
Verve International celebrates issuing 100 million payment cards, a landmark for Africa's digital economy and financial inclusion. Discover how this homegrown brand is reshaping payments.
CBN Removes Cash Deposit Limits, Raises Withdrawal Cap
Nigeria's Central Bank has abolished cash deposit limits and raised weekly withdrawal thresholds to N500k for individuals. New policy takes effect January 2026.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
CBN Prioritises Digital Payments, Financial Inclusion for 2026
CBN Governor Olayemi Cardoso outlines 2026 agenda focusing on payment system upgrades, digital finance expansion, and deeper financial inclusion for all Nigerians. Read the full plan.
SEC to Freeze Accounts of Ponzi Scheme Promoters
Nigeria's SEC vows to freeze accounts and seal offices of Ponzi promoters, warning of N316bn losses. Learn how to spot and avoid illegal investment scams.
Abia's 2027 Power Tussle: Otti, Kalu, Umahi, Kalu Vie for Tinubu
A fierce political battle is raging in Abia State as Governor Alex Otti, Deputy Speaker Benjamin Kalu, Senator Orji Uzor Kalu, and Minister Dave Umahi compete for President Tinubu's support. This rivalry threatens governance and early 2027 electioneering.
Nigeria's development lags as women face exclusion
Stakeholders warn Nigeria's progress will slow unless gaps in women's empowerment, finance, and political participation are closed. Experts cite information, resource, and skills gaps as major barriers.
Accion MfB Opens 75th Branch in Kaduna to Boost Inclusion
Accion Microfinance Bank strengthens financial inclusion in Northern Nigeria with its 75th branch in Kaduna. The expansion brings affordable banking services to entrepreneurs and small businesses.
CBN Consolidates Financial Market Reform Gains
CBN Governor Yemi Cardoso outlines progress in Nigeria's financial reforms as naira stabilizes, inflation drops to 16.05%, and reserves hit $46.7 billion. Learn how these gains impact Nigeria's economy.
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