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National Financial Inclusion Strategy

The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

CBN: Nigeria far from financial inclusion target

A report by the Central Bank of Nigeria and the Enhancing Financial Innovation & Access has said that Nigeria is far from achieving its financial inclusion target in 2020.

Central bank grants 9mobile service payment bank license

9PSB (Payment Service Bank), a subsidiary of 9mobile, says it has been granted approval by the Central Bank of Nigeria (CBN) to commence operations in the country.
Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said.

Telecoms holds greatest promise for financial inclusion in Nigeria – NCC chief

Telecommunications remains the best enabler in expanding the frontiers of financial inclusion in Nigeria, the Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Umar Danbatta, has said

Cashless policy: Regulators, business community set for nationwide rollout

Baring any last minute disruptions in the implementation guidelines, Nigeria’s cashless Policy piloted by the Central Bank of Nigeria (CBN) would go live nationwide from March 31, 2020, after about eight years of clinical trials of its pilot phase.
FILE PHOTO- An MTN starter kit pack on display at a retail stand in Abuja, Nigeria November 17, 2015. REUTERS-Afolabi Sotunde-File Photo

MTN gets central bank super agent licence

MTN Nigeria has announced that its subsidiary, Yello Digital Financial Services Limited (YDFS), has been granted a full Super Agent Licence by the Central Bank of Nigeria (CBN).

MfBs push for implementation of NMP in intervention funds

The National Association of Microfinance Banks, NAMB, has called for a full implementation of the National Microfinance Policy, NMP, in the application of intervention funds.

Central bank to establish national micro-finance bank

A national micro-finance bank is to be established to promote access to credit finance for small, medium enterprises (SMEs) and other unbanked groups in the country, the Central Bank of Nigeria (CBN) said on Thursday.

Central bank unveils new policy to capture the unbanked

The Central Bank of Nigeria on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least 80 per cent of Nigerians have access to banking and other financial services.

CBN: 36.6 million Nigerians have no access to financial services

The Central Bank of Nigeria says it has received information that 36.6 million Nigerians have no access to financial services.

IMF: Financial inclusion can drive economic growth

The International Monetary Fund (IMF) has said deepening financial inclusion could spur economic growth of a country.

NAICOM to evolve NIIDP to boost financial inclusion

As part of efforts to deepen financial inclusion through insurance, the National Insurance Commission (NAICOM) is to launch Nigerian Insurance Industry Development Plan (NIIDP).

CBN captures 31 million Nigerians in BVN project

The Central Bank of Nigeria (CBN) has captured no fewer than 31 million account customers in its Bank Verification Number (BVN) project aimed at ensuring unique identifier in the Nigerian banking industry.

Nigeria to reduce financial exclusiveness to 20% by 2020 – Godwin Emefiele

Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has given the assurance that Nigeria will strive hard to meet the target of reducing the number of Nigerians not captured by the banking sector to 20 per cent by 2020.

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Minister of Transportation, Rotimi Amaechi, has disclosed that the US$50 million University of Transportation, Daura, scheduled to take off September next year will be built free of charge by the Chinese government.

Nigeria to apply for $11 billion loan to construct Lagos-Calabar rail line – minister

Minister of Transportation, Chibuike Amaechi, said, yesterday, that the Federal Government was set to apply for a $11 billion loan to construct Lagos to Calabar rail.
The Kayode Fayemi administration in Ekiti State says it has defrayed inherited debts to the tune of 31 billion naira since assumption of office.

Ekiti governor interacts with workers, assures of improved welfare

The Ekiti State Governor, Kayode Fayemi, has assured workers of better welfare and improved working conditions as incentives for quality service delivery.
Thomas Mueller - Germany

Thomas Mueller’s form fuels calls for Germany recall

His latest eye-catching club performance has prompted fresh hopes of a Germany recall for Mueller, who was dropped by Joachim Loew from the national set-up in 2019 alongside Jerome Boateng and Mats Hummels.
Ekiti State Governor Kayode Fayemi has denied claims that his government has sold off the Ekiti State Governor’s Lodge in Abuja.

#EndSARS: Why Ekiti deployed soldiers to protest locations – official

The Ekiti State Commissioner for Information and Values Orientation, Akin Omole, says the government deployed soldiers to #EndSARS protest locations in the state to protect the youths demonstrating against police brutality and extrajudicial killings.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

One dead, policeman injured in Kano

The death of a 17-year-old on Monday sparked off demonstrations by angry youths against the police in Kano.