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, […]
Customs launches digital vehicle verification system to tackle smuggling
By Godwin Oritse The Nigeria Customs Service (NCS) has launched a new digital verification platform designed to curb vehicle smuggling, enhance transparency, and strengthen accountability in the automobile importation process. The initiative, known as the Customs Verification Management System (CVMS), was officially unveiled at the Customs Headquarters in Abuja by the Comptroller-General of Customs, Adewale Adeniyi. […]
REFORMS: LCCI projects positive year-end economic outcome
By Yinka Kolawole At the backdrop of the economic reforms of the federal government (FG), the Lagos Chamber of Commerce and Industry (LCCI) has projected the Nigerian economy to end this year on a positive note if the current reform efforts are sustained. LCCI President, Gabriel Idahosa, expressed this optimism yesterday, in Lagos, at a media […]
UBA, Renewvia commission solar systems across 25 branches
…Strengthens Nigeria-Norway clean energy collaboration In a significant stride toward deepening economic ties between Nigeria and Norway, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba […]
FG’s revenue up 68% to N20.9trn in 2024 — Budget Office
By Yinka Kolawole, with agency report The federal government’s (FG) total revenue inflow increased by 68.11 percent to N20.98 trillion in 2024 compared to N12.48 trillion recorded in 2023, the budget office of the federation has disclosed in its fourth quarter (Q4) 2024 budget implementation report. The report, however, noted that the figure was N4.89 […]
LG, Ecobank partner to drive smart living with flexible financing solutions
By Cynthia Alo LG Electronics Nigeria has announced a partnership with Ecobank Nigeria to offer flexible financing options that allow consumers to own LG’s latest range of AI-powered Smart TVs, washing machines, refrigerators, and air conditioners without the burden of full upfront payment. The partnership, unveiled at Ecobank headquarters in Lagos with the theme , ‘From […]
