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News
CBN pushes wider adoption of digital payment channels
2+ hour, 39+ min ago (419+ words) The Acting Director, Corporate Communications and Investor Relations Department at the CBN, Hakama Sidi-Ali. The Central Bank of Nigeria has called for greater adoption of alternative payment channels to expand access to financial services and stimulate economic activity. Acting Director,…...
CBN sandbox opens fresh opportunities for digital finance
1+ week, 2+ day ago (416+ words) The Central Bank of Nigeria has opened applications for the second cohort of its Regulatory Sandbox Programme, introducing separate testing tracks for virtual asset services and data-driven financial innovations. The second cohort will operate through two tracks: the Virtual Asset…...
NHIA scheme to provide health insurance for Edo residents
1+ week, 6+ day ago (424+ words) Edo Deputy Governor, Dennis Idahosa, on Thursday flagged off the rollout of a National Health Insurance Authority programme expected to “provide health insurance cover for about 4,000 residents of Ovia South-West and Ovia North-East Local Government Areas.” This was contained in…...
CBI Monie Launches Payment Solutions for Nigerian Businesses
2+ week, 3+ day ago (260+ words) Lagos, Nigeria — CBI Monie has announced the launch of its payment solutions designed to provide businesses, merchants and agents with a simple, swift and secure way to receive and process everyday payments. The launch will initially focus on five key…...
CBI Monie Launches Payment Solutions to Support Businesses, Merchants and Agents Across Nigeria
2+ week, 3+ day ago (260+ words) Lagos, Nigeria — CBI Monie has announced the launch of its payment solutions designed to provide businesses, merchants and agents with a simple, swift and secure way to receive and process everyday payments. The launch will initially focus on five key…...
Prembly Brings Together Nigeria's Financial Ecosystem to Advance Industry Collaboration Against Financial Fraud
3+ week, 2+ day ago (238+ words) L-R; Temi Faseyide, Head of Comms, Prembly Patrick Nri, Divisional Head, Fidelity Bank Omoyemen Jide-Samuel Director, Information Technology, Central Bank Of Nigeria Omolara Michael-Nwadu, CEO, MoMo Niyi Adegboye, COO Prembly Oluwafemi Aminu, Executive Director, Risk Management A recurring recommendation throughout…...
Universal Insurance pays N1.35bn claims, reaffirms customer commitment
1+ mon, 1+ day ago (290+ words) Universal Insurance Plc has paid a total of N1.35bn in insurance claims during the second quarter (Q2) of 2026, stressing its commitment to customer satisfaction and the timely settlement of genuine claims. The claims were paid across a broad range of the company’s…...
Veritas Kapital MD charts path to boost insurance penetration
1+ mon, 1+ day ago (335+ words) The Managing Director and Chief Executive Officer of Veritas Kapital Assurance Plc, Adaobi Nwakuche, has unveiled a comprehensive strategy aimed at dismantling the long-standing barriers preventing millions of Nigerians from accessing vital financial protection. Speaking on the company’s new direction,…...
Kano’s health insurance: A practical lesson for other states
1+ mon, 5+ day ago (885+ words) Nigeria’s journey towards universal health coverage has often been slowed by familiar barriers: low insurance penetration, high out-of-pocket spending, weak trust in public systems, and the difficulty of reaching poor and vulnerable households before illness pushes them deeper into poverty....
Yobe approves enrolment of retirees into health insurance scheme
1+ mon, 6+ day ago (318+ words) File: Governor Mai Mala Buni of Yobe The Yobe State Government has approved the enrolment of state and local government retirees into the Social Equity Programme of its health insurance scheme. The Executive Secretary of the Yobe Contributory Healthcare Management…...