Nigeria's 2026 Tax Reform: Truth vs. Viral Lies
As Nigeria's new tax law takes effect Jan 1, 2026, we separate fact from fiction on income tax, bank alerts, and gifts. Most Nigerians will pay less or nothing.
Category : Search result: Development Bank of Nigeria
Ohanaeze Launches N85m Igbo Cultural Renaissance Drive
Ohanaeze Ndigbo announces N35m for Igbo studies chairs & N50m for new development bodies. New Enugu HQ nears completion. Leaders call for unity and global cultural projection.
Providus Bank Worker Shares 6 Christmas Bonus Items
A Providus Bank employee reveals the six generous bonuses staff received for Christmas 2025, including a 13th-month salary and rice. See the full list and public reactions.
Kaduna 2026 Budget: N100m Allocated to Each Ward
Kaduna State's 2026 budget allocates N100m to each of its 255 wards for grassroots projects. Education receives the largest share at 25% of the N985.9bn budget. Read details of the historic plan.
Withdraw USDT to Naira Bank Card: Best Methods
Discover the most efficient ways to convert Tether (USDT) to Nigerian Naira (NGN) directly to your bank card. Learn why online exchangers are the preferred choice for fast, secure transactions in Nigeria.
Bank Transfer Costs to Rise in Nigeria from 2026
Starting January 2026, Nigerians will pay higher charges for online transfers as the government reintroduces stamp duty. Find out how this policy shift will impact your wallet.
Court forfeits N5.2bn lands for Jonathan estate to FG
A Federal High Court in Abuja has permanently forfeited two high-value plots of land meant for the Goodluck Jonathan Legacy Model Housing Estate to the Federal Government. The ICPC secured the order to ensure the project benefits end-users.
No Bank Shutdowns from CBN Recapitalisation - ACAMB
The Association of Corporate Communication & Marketing Professionals in Banks dismisses viral claims of 12 banks shutting down. ACAMB assures the public the recapitalisation is proceeding smoothly to strengthen the financial system.
Wema Bank Hackaholics 6.0 Awards N120m to Tech Talents
Wema Bank's Hackaholics 6.0 has empowered young Nigerian innovators, awarding N120 million in cash prizes. Discover the winners and the bank's commitment to STEM and youth development.
World Bank Approves $500m for Nigerian MSMEs
The World Bank has greenlit a $500 million package to boost credit access for Nigeria's MSMEs. The FINCLUDE project targets women-led and agribusiness firms to drive growth and jobs. Read more.
Supreme Court rules for Fidelity Bank in N30bn debt suit
Nigeria's Supreme Court has delivered a final judgment in a two-decade debt dispute, ruling in favour of Fidelity Bank. The court set key terms for the N30 billion repayment. Read the full details.
Lagos, NIOB Partner on Physical Planning and Development
Lagos State Government commits to collaboration with NIOB to enforce building standards, ensure safety, and promote sustainable urban growth. Learn about the new regulatory push.
How Nigeria's Banking Giants Conquered CBN Recapitalisation
An in-depth review of Nigeria's banking recapitalisation exercise. Discover which 16 banks have met the CBN's new capital requirements and the impact on the financial sector. Read the full analysis now.
UAE's $1bn AI for Development Initiative Targets Africa
The UAE has launched a $1 billion 'AI for Development' initiative to finance AI projects in Africa, aiming to enhance digital infrastructure, government services, and productivity across the continent.
Russian court fines Austrian bank Raiffeisen $400m
A Russian court has ordered Austria's Raiffeisen Bank to pay nearly $400 million in compensation to a company linked to sanctioned oligarch Oleg Deripaska. The bank says it will appeal.
World Bank Boosts Funding for Nigeria's Skills Project
The World Bank has approved additional financing for Nigeria's SPESSE project, citing its 'satisfactory' performance in bridging critical skills gaps in procurement and environmental standards. Over 85,000 Nigerians have been trained.
FG Launches Working Group for Regional Development
The Ministry of Regional Development has inaugurated a Core Working Group to coordinate policies and promote inclusive growth across Nigeria's geopolitical zones. Learn about the strategy.
Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
FG Opens New Funding for Imo Small Business Owners
Vice President Kashim Shettima announces new BOI and DBN funding windows for Imo SMEs at the 2025 Economic Summit, aiming to boost production and job creation.
Tinubu Makes Fresh Appointments to Key Federal Boards
President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.
Zamfara Gov Launches 10-Year State Development Plan
Governor Dauda Lawal unveils Zamfara's first comprehensive 10-year development roadmap, focusing on six key pillars to transform the state's economy and security. Read the full plan.
Man Gets Birthday Surprise From Bank Staff in Nigeria
A Nigerian man received an unexpected birthday celebration from UBA staff while withdrawing money. Watch the viral video and see how the bankers' gesture shocked him.
Fast Ways to Block Your Union Bank Account
Learn the quickest methods to block your Union Bank account using USSD *826*6#, the UnionMobile app, or customer care. Protect your funds instantly during emergencies.
CBN Sets 72-Hour Deadline for Banks to Refund Fraud
The Central Bank of Nigeria issues strict new rules forcing banks to refund fraud victims within 16 days. Learn how this impacts you and the fight against financial crime.
Food Bank Targets 40m Nigerians in Hunger Intervention
MATAN Food Bank launches an automated digital initiative to provide direct food access for over 40 million Nigerians, backed by the House of Representatives. Read how this plan tackles the nation's food crisis.
Nigeria's $2.25bn Eurobond Oversubscribed, Signals Investor Confidence
Nigeria raises $2.25bn via a heavily oversubscribed Eurobond, attracting over $13bn in orders. Analysts credit recent fiscal reforms and FX liberalisation for renewed global investor confidence in Africa's largest economy.
BoI disburses ₦1.27tr to enterprises, supports 900,000 jobs
The Bank of Industry disbursed over ₦1.27 trillion across 14 sectors in 2024, supporting 900,000 jobs. The bank is expanding green finance and renewable energy investments to drive Nigeria's industrial transformation.
Nigerian Banks Hit N33.24 Trillion in Customer Deposits
Ten Nigerian banks recorded over N33.24 trillion in savings deposits by September 2025, a 6.8% annual increase. See which Tier-2 banks led the growth and the latest CBN savings rates.
NDIC Seeks NIESV Collaboration on Bank Depositor Safety
NDIC MD Thompson Sunday urges NIESV to deepen collaboration for accurate asset valuation in bank liquidation, crucial for protecting depositors' funds. Read more.
$5B Africa Energy Bank HQ Complete in Abuja
Nigeria has completed the headquarters of the $5 billion Africa Energy Bank in Abuja. Minister Heineken Lokpobiri confirms all host obligations are met, paving the way for operations to begin. Read more.
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