New 7.5% VAT on Mobile, USSD Bank Fees Starts Jan 19
Financial expert explains new 7.5% VAT on mobile & USSD bank fees from January 19, 2026. Learn how it impacts your transfers alongside N50 stamp duty.
Category : Search result: banking services
Rave Experience, Tantita Empower Delta Youths with N20m Scholarships
Rave Experience partnered with Tantita Security for two major Detty December events in Warri and Asaba, attracting 38,000 attendees and awarding N20 million in scholarships to Deltan students.
Paystack Launches Microfinance Bank in Nigeria
Nigerian fintech giant Paystack marks its 10th anniversary by launching Paystack Microfinance Bank, expanding from payments into full banking services. Read more.
Fire razes petrol station, tanker in Oyo's Saki
A devastating fire has completely burnt down the RSK Adebowale Filling Station, a tanker with 50,000 litres of petrol, and a motorcycle in Saki, Oyo State. Fire services responded swiftly to prevent further damage. Read the full report.
MMA2 Plans Nigeria's First Airport Slot Allocation System
Bi-Courtney Aviation Services Ltd (BASL), operator of Lagos MMA2, plans a structured slot system to manage demand, reduce congestion & boost on-time performance. Read more.
Nigerian Bank Plans 500 New Branches for Ethical Finance
The Alternative Bank (AltBank) unveils an ambitious plan to expand to 500 branches nationwide by 2026, targeting financial inclusion and ethical, non-interest banking services for all Nigerians.
Three Nigerian Banks Set for Merger as CBN Deadline Nears
Nigeria's banking sector faces consolidation as three mergers are expected before the March 2026 recapitalisation deadline. Tier-2 banks scramble for survival amid fintech disruption and regulatory pressure. Read the full analysis.
Wema Bank Upgrades ALAT Digital Platform
Wema Bank Plc has launched an upgraded version of its ALAT digital banking platform, featuring voice commands and contactless payments. Discover the new smart features.
Stock Market Rises 1.92%, Trades N134bn in Bullish Week
The Nigerian stock market closed higher this week, with the ASI gaining 1.92% and market cap hitting N99.9tn. Investors traded 7.8bn shares worth N134.5bn. Read the full analysis.
DSS Probes Officer for Forced Marriage, Denies Abduction
The Department of State Services (DSS) confirms the arrest and investigation of an officer, Ifeanyi Onyewuenyi, over allegations of forceful conversion and marriage. Read the full statement and details.
SBA Group's 'The SBA Solution' Bolsters African FMCG
SBA Group launches 'The SBA Solution,' reinforcing its role as Sub-Saharan Africa's critical FMCG technical backbone. Discover how they ensure operational continuity and cost efficiency for over 100 manufacturers.
NMA Edo to Withdraw Medical Services Over Kidnapped Doctors
The NMA Edo State branch announces a total withdrawal of medical services from January 10, 2026, demanding the release of two kidnapped doctors and improved security for healthcare workers.
Malami Raises Alarm Over Alleged DSS Rearrest Plot
Former Attorney-General Abubakar Malami claims DSS plans to rearrest him despite court bail. His office warns of constitutional assault and risks to his safety. Read the full story.
New Fintech NairaPoint Launches to Support SMEs in Nigeria
NairaPoint, a new fintech platform, launched in Lagos to provide digital financial services for SMEs and individuals. The event also celebrated Funke Otti's 40-year entrepreneurial journey.
Nigerian Stock Market Rises 1.92% in First Week of 2026
The Nigerian Exchange (NGX) closed the first trading week of 2026 higher, with the ASI gaining 1.92%. Investors traded 7.821 billion shares worth N134.471 billion. Discover the top gainers and losers.
Adamawa Suspends New Year Services on DSS Terror Alert
Adamawa State CAN and Governor Fintiri suspend all New Year's Eve crossover events following a DSS security alert about planned terrorist attacks. Read the full statement.
Daddy Freeze Slams 'God Saved Joshua' Claims After Crash
Media personality Daddy Freeze has ignited controversy by challenging the narrative that God saved boxer Anthony Joshua from a fatal car crash. He urges Nigerians to focus on poor roads and emergency failures instead. Read the full story and reactions.
Ibadan Fire: Six Rooms Destroyed, No Casualties
A fire at a residential building on Alemuloke Street, Sango Ibadan, destroyed six rooms. Firefighters' swift action prevented casualties and further spread. Officials commend response and urge fire safety.
Fire guts storey building in Ibadan's Sango area
A swift response by Oyo State and Federal firefighters prevented a major disaster after a fire broke out in a Sango, Ibadan residential building. No lives were lost. Learn crucial fire safety tips from officials.
4 Oil Theft Suspects, Vessel Handed Over in Delta
Tantita Security Services arrests four oil thieves, intercepts vessel MT Thor in Delta. Handover to Inter-Agency Task Force marks a key step in curbing economic sabotage in Niger Delta. Read details.
Banking Trust Relies on Cybersecurity & AI - Union Bank CITO
Union Bank's Wale Williams highlights AI-driven cybersecurity and regulatory compliance as pillars for sustaining customer trust in Nigeria's expanding digital banking sector.
DRTS Moves to End Number Plate Touting in Abuja
The FCT Directorate of Road Traffic Services announces a major reform to eliminate touting and racketeering in vehicle registration. Director Abubakar Yeldu reveals plans for a cleaner system by 2026.
APM Terminals, BMS Sign Deal to Enhance Lagos Port Operations
APM Terminals and Barging Marine Solutions sign exclusive lease to expand Apapa port services, aiming to ease congestion and boost trade capacity. Read the full story.
Book: Transport Services Drive Africa's Economic Growth
A new book argues Africa must shift focus from building infrastructure to managing transport services to boost productivity and investment. Experts warn poor service delivery hurts urban competitiveness.
Two Suspected ISWAP Terrorists Arrested in Lagos
State Security Services (SSS) operatives arrested two suspected ISWAP terrorists, Modu Gana and Ibrahim Dugge, in Apapa, Lagos. The suspects reportedly fled the North-east. Read for details.
Tinubu Hails DSS DG on IPI Press Freedom Honour
President Bola Tinubu congratulates DSS DG Oluwatosin Ajayi for receiving a press freedom award from the International Press Institute. Read about this significant shift in media-security relations.
Benin, Seamfix launch ePass for diaspora passport renewal
Benin Republic & Seamfix launch ePass, a digital platform for citizens abroad to renew passports online from 80+ countries. No embassy visits needed. #DigitalIdentity
Edo Deputy Governor Orders Boost for Rural Health Centres
Edo Deputy Governor Dennis Idahosa mandates stronger rural primary healthcare. Plans 2026 Measles-Rubella vaccine campaign for children 9 months to 14 years. Read more.
New Platform Aims to Structure Nigeria's Informal Beauty Sector
Tech entrepreneur Bibi Olunuga unveils Bewdy, a digital platform designed to bring structure and scalability to Nigeria's vast informal beauty services industry. Discover how it empowers professionals.
US Firm Petitions IGP Over Vandalised Tanker in Nigeria
NUJENIX Corporation petitions IGP over alleged seizure and vandalism of its MT Thor tanker in Delta State. The US firm claims armed interference and contractual breach.
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