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14057 results for "bank of industry nigeria"
Nigeria's Central Bank is launching a pilot program to make digital finance safer and more accessible for millions of young people and small businesses. The move could transform how everyday Nigerians send money, get paid, and grow their businesses.
Digital bank Kuda just earned a major upgrade that will bring physical support centers to customers across Nigeria. The move shows how successful fintechs are bridging the gap between digital convenience and in-person service.
Nigeria's central bank is limiting phone number changes on bank accounts to just once in a lifetime starting May 2026. The bold move aims to protect 68 million Nigerians from fraudsters who exploit phone numbers to hijack bank accounts.
One of Africa's biggest fintech companies just got permission to become a real bank in Nigeria. Flutterwave can now offer loans, savings accounts, and faster payments to millions of small businesses that traditional banks have left behind.
Nigeria's Central Bank and telecom regulator just launched a system that lets banks instantly verify if a phone number has been hijacked before processing payments. Financial fraud dropped 51% this year, and this new partnership could drive losses even lower.
Nigeria's central bank just rolled out smart new security measures to protect digital banking customers from fraud, including real-time identity checks and temporary limits on new devices. The move comes as the country tackles a fraud surge while keeping its booming instant payment system safe for everyone.
Nigeria's Bank of Industry has poured $150 billion into women entrepreneurs, financing over 2,600 businesses and proving that investing in women drives economic growth. The initiative saw a stunning 396% jump in women-owned businesses funded in just one year.
Nigeria's Bank of Industry just handed over a brand new 30-room hostel to a medical university, giving hundreds of students a safe place to live and study. The investment shows how financial institutions are stepping up to solve the country's student housing crisis.
Banks in Nigeria are finally making it easier for charities and non-profits to open accounts and deliver critical services. After years of being wrongly labeled high-risk, civil society groups are breaking through.
Nigeria is creating Africa's first dedicated climate finance bank to unlock $104 billion in green investment opportunities by 2030. The private sector initiative targets $100 million in founding capital to finance renewable energy and climate-smart projects starting in 2027.
Nigeria just secured a massive funding boost aimed at creating jobs and expanding access to essential services for millions. The World Bank's seven-year partnership could bring energy to 32 million people and support nearly 10 million farmers.
Nigeria's central bank is introducing new regulations to prevent any single fintech company from dominating the country's booming $880 billion digital payments industry. The reforms aim to create a fairer, more sustainable financial ecosystem as the sector matures.
LAPO Microfinance Bank is rolling out climate-smart loans to help Nigeria's poorest communities adapt to climate change while building economic independence. The bank's new 11-point action plan includes renewable energy financing, sustainable agriculture loans, and micro-insurance for small businesses.
Nigeria produces 60 million tons of cassava yearly but captures just 2% of the global processing market. Now a wave of innovation is transforming this humble kitchen staple into an industrial powerhouse creating jobs and reducing imports.
Nigerian banks can now check if your phone number was recently swapped or flagged before processing transactions, closing a major loophole that's cost the country $195 million in two years. The new system stops criminals from draining accounts using stolen SIM cards.
Nigerian fintech company OPay just made history by winning The Sun Awards' first-ever Fintech/Digital Bank of the Year category. The platform now serves millions of Nigerians with mobile banking, digital wallets, and merchant services all in one trusted app.
A new Central Bank of Nigeria report reveals fintech companies see regulators as balanced, not barriers. But approval delays of up to a year are still slowing innovation across Africa's largest economy.
Nigeria's Bank of Agriculture is launching a groundbreaking climate financing program that could help farmers cut food waste in half while boosting profits by 123%. The initiative targets solar-powered cold storage and irrigation to save crops currently rotting in fields.
Over the past five years, the World Bank has awarded more than 6,800 contracts worth $2.5 billion to Nigerian companies, building roads, hospitals, and schools across the country. The investment is opening doors for local businesses to compete globally while creating thousands of jobs at home.
Nigeria just launched a nationwide Community Food Bank Programme to tackle malnutrition in 2 million children under five. The initiative will provide food vouchers and nutrition counseling to vulnerable families through local health centers starting April 2026.
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