By Elizabeth Adegbesan The Nigeria Inter-Bank Settlement System (NIBSS) has disclosed that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024. In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement […]

By Godwin Oritse The Federal Government has directed all shipping companies and airlines operating in Nigeria to submit their cargo manifests through the National Single Window, NSW, platform, in a move aimed at strengthening cargo tracking, improving transparency and enhancing trade facilitation. The directive, issued through the Ministry of Finance, marks a significant shift from the […]

By Babajide Komolafe United Bank for Africa, UBA Plc, has exceeded the N500 billion minimum capital requirement for banks with international authorisation, following the successful conclusion of its second Rights Issue, which added N157 billion to the bank’s capital base. Vanguard investigations showed that at the end of the first half of 2025, UBA had […]

Jigawa State has joined other North Central states in fast-tracking the domestication of Nigeria’s new tax reforms, as sub-national governments intensify efforts to boost revenue generation…

NERC disclosed that Togo, Niger, and Benin owe Nigeria $17.8 million, an equivalent of over N25 billion