Nigeria’s financial inclusion reaches 79% — EFInA
By Matthew Johnson The Enhancing Financial Inclusion and Advancement (EFInA) has released its ninth Access to Financial Services in Nigeria (A2F) Survey, showing that 79% of Nigerian adults use a financial product or service. Formal inclusion reached 73%, exceeding the 70% target under the National Financial Inclusion Strategy. EFInA’s Board Chair, Dr Agnes Olatokunbo Martins, […]
CBN unveils new industry-wide war on e-fraud
The Central Bank of Nigeria (CBN) has unveiled an industry-wide offensive against rising digital fraud, with the aim of reducing fraud response time to under 30 minutes
Banks record 51% fall in fraud losses to N25.9 billion
Banks and other financial institutions recorded a 51 per cent year-on-year decline in fraud losses to N25.85 billion, down from N52.26 billion in 2024.
Local refineries supply 87% of Nigeria’s cooking gas in 2025
By Udeme Akpan, Energy Editor Local refineries and gas processing plants, led by the Dangote Petroleum Refinery and NLNG Limited, supplied 87% of Nigeria’s domestic Liquefied Petroleum Gas (LPG), also known as cooking gas, in 2025, significantly reducing the country’s dependence on imports. Findings by Vanguard showed that the sharp rise in domestic supply marked a major […]
UAE, Nigeria’s economic deal, major strategic milestone — NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), has described the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates (UAE) and Nigeria as a major strategic milestone in Nigeria’s economic transformation agenda. Recall that UAE and Nigeria recently has signed the CEPA deal which is aimed at eliminating tariffs on […]
Nigerian Industrial Policy: FG targets 25% manufacturing contribution to GDP
The federal government has unveiled the Nigerian Industrial Policy (NIP) aimed at driving value addition, industrial growth, employment creation across the country, and ensuring that the manufacturing sector contributes up to 25 percent to the nation’s Gross Domestic Product (GDP). Minister of State for Industry, Senator John Enoh, stated this at the soft launch of the […]
