News
LASHMA retains top state health insurance award
6+ hour, 55+ min ago (388+ words) The Lagos State Health Management Agency has won the Nigerian Healthcare Excellence Award for State Government Health Insurance of the Year 2026, marking the third time the agency has received the recognition for its contributions to health insurance delivery in Nigeria....
CBN plans invisible payments, flags data protection gaps
1+ week, 6+ day ago (1318+ words) The Central Bank of Nigeria's ambition to transform its payment ecosystem through biometric-driven and "invisible" transactions may redefine how millions of citizens pay for goods and services, but the bank has warned that the country's preparedness on data privacy, identity…...
NIPOST plans digital postcodes for every building in Nigeria
2+ week, 20+ hour ago (470+ words) The Nigerian Postal Service has reaffirmed its commitment to implementing a National Digital Postcode System to assign a unique digital address to every addressable building across the country. Speaking at the unveiling of the Post Code Delineation Model Validation 2026 in…...
CBN orders banks, fintechs to store payment data locally
2+ week, 1+ day ago (750+ words) The Central Bank of Nigeria has directed banks, fintech firms, and other payment service providers to store payment transaction data generated within the country on local servers from January 1, 2027, as part of new measures to strengthen oversight of the fast-growing…...
Banks earn N225bn from ATM, e-banking charges
2+ week, 2+ day ago (1012+ words) Nigerian banks generated N224. 69bn from electronic banking services and ATM/card-related charges in the first quarter of 2026, representing a 12. 56 per cent increase from N199. 61bn recorded in the corresponding period of 2025, an analysis of the unaudited financial statements of 11 listed lenders has shown....
Cornerstone Insurance splits under new Reform Act
2+ week, 2+ day ago (397+ words) Cornerstone Insurance Plc has announced its intention to unbundle its composite business structure, separating its life and general insurance portfolios into distinct corporate entities as a direct response to the Nigeria Insurance Industry Reform Act 2025. The company made this known…...
Why Thousands of Nigerian Entrepreneurs Are Moving Their Business to Oloja - One Platform, Zero Cost
2+ week, 4+ day ago (698+ words) Oloja by Payxy is helping small and growing businesses across Africa ditch manual processes and fragmented tools for one seamless platform where they can sell online like big brands, receive payments, manage inventory, and track performance, all in one place....
Ultimate Health pushes affordable insurance for informal workers
2+ week, 4+ day ago (879+ words) Ultimate Health Management Services is seeking deeper collaboration with corporate leaders and governance institutions to expand access to affordable health insurance across Nigeria's largely uninsured informal sector, as part of a renewed push to reduce the country's heavy reliance on…...
Aiyedatiwa enrols pensioners into free Ondo health insurance scheme
3+ week, 1+ day ago (369+ words) Ondo State Governor, Mr. Lucky Aiyedatiwa. Credit: Ondo State Government House The Governor of Ondo State, Lucky Aiyedatiwa, on Monday announced the formal enrolment of all retired civil servants in the state into the Orange Health Insurance Scheme, with the…...
LASG provides health insurance cover for motherless quadruplets
3+ week, 1+ day ago (548+ words) The Lagos State Government has enrolled a set of quadruplets whose mother died shortly after childbirth, along with their father and grandparents, into its public health insurance scheme, as part of efforts to support the family and ensure the children…...