CAC to Delist 100,000 Companies Dormant for 10 Years  The Corporate Affairs Commission has announced plans to commence the striking off of a fresh batch of companies from its register. In a notice on its Instagram page on Tuesday, the Commission said the affected companies had...

Naira Falls Against Dollar in Black Market The Naira continued to decline against the US dollar on Tuesday July 29, weakening further in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at ₦1,535 per dollar...

Naira Reverses Gains Against Dollar in Black Market The Naira has lost N15.33 of its gains against the US dollar on Monday July 28, depreciating in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at...

This is revealed by fresh data released by the Nigeria Inter-Bank Settlement System (NIBSS), highlighting the expansion of financial inclusion efforts across the country.

Despite increased network glitches across networks in the first three months of 2025, electronic payment transactions, across various platforms, rose by 22 per cent to N284.9 trillion in the first quarter of 2025.

TISSF: FG Launches N10m Support Fund for Tertiary Staff The federal government has launched the Tertiary Institution Staff Support Fund (TISSF), a loan scheme that provides eligible tertiary institution staff with up to N10 million to support their welfare and development. The government said that the...