Business

Nigeria’s financial inclusion reaches 79% — EFInA

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, […]
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CIS to spotlight innovation, global market leadership

CIS to spotlight innovation, global market leadership

Digital innovation and global competitiveness in Nigeria’s capital market will take centre stage as the Chartered Institute of Stockbrokers (CIS) hosts its flagship event, the 2025  annual stockbrokers’ conference in Abuja.

Expert charges insurance, pension operators to cover informal sector

Expert charges insurance, pension operators to cover informal sector

By Rosemary Iwunze The Managing Director/ Chief Executive Officer, Arthur Stevens Asset Management, Mr. Olatunde Amolegbe, have challenged operators in the insurance and pension sectors to come up with strategies that will bring the full informal sector under insurance and pension coverage. Amolegbe who gave the challenge at the 10th Annual Conference of the Nigerian […]

New tax laws: Incentive schemes must spur industrialisation — LCCI

New tax laws: Incentive schemes must spur industrialisation — LCCI

By Yinka Kolawole The Lagos Chamber of Commerce and Industry (LCCI) has voiced the desire of the organised private sector (OPS) in Nigeria on how the incentives schemes in the newly enacted tax laws could be used to spur industrialisation in the country. President of LCCI, Gabriel Idahosa, made the declaration yesterday in Lagos, in his […]

FG pays out N330bn cash transfers to poor Nigerians — Edun

FG pays out N330bn cash transfers to poor Nigerians — Edun

…Says to be provisioned in annual budgets By Emma Ujah, Abuja Bureau Chief The federal government has paid poor Nigerians the sum of N330 billion in cash transfers through the National Social Safety-net Coordinating Office. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, disclosed this while briefing the press, in Abuja, […]

CSCS grows securities transactions by 138 % to N2.11 trn

CSCS grows securities transactions by 138 % to N2.11 trn

The Central Securities Clearing System (CSCS) has recorded an impressive execution of N2.112 trillion in securities transactions between May and August 2025, representing a 138.44% increase compared to N885.93 billion recorded during the same period in 2024.