The Federal Government of Nigeria has actively continued its implementation of the Presidential Conditional Grant Scheme (PCGS), a significant financial assistance program designed to bolster the operations of nano businesses throughout the nation. This initiative, which commenced in December 2023 as a component of the broader Presidential Palliative Programme, is specifically structured to disburse a…
Access Bank Plc has vehemently refuted a circulating notice of alleged operational shutdown, which has been erroneously disseminated across social media platforms and popular messaging applications like WhatsApp. The financial institution has issued a strong assurance to its valued customers, stakeholders, and the wider public, emphasizing its robust financial standing and uninterrupted operational capacity. This…
On Friday, July 31, 2026, the Nigerian naira demonstrated a pronounced degree of resilience, maintaining a broadly stable position against the United States dollar. This steadiness was evident across both the formal Nigerian Foreign Exchange Market (NFEM) and the informal, or parallel, market, with only minor fluctuations observed throughout the trading day. Official figures released…
Access Bank will host its inaugural MSME Conference on July 24, 2026, at its Head Office in Victoria Island, Lagos. Themed “AI for SMEs: Scaling Through Digital Tools,” the event will gather entrepreneurs, business leaders, policymakers, and technology experts to discuss how artificial intelligence can enhance the growth and competitiveness of Nigeria’s micro, small, and…
🌟 Important Financial Update for All Traders and Investors! 🌟 We want to bring your attention to a crucial aspect of currency trading that could significantly impact your transactions. The exchange rate is not static; it fluctuates every hour! This is largely influenced by the availability of U.S. dollars in the market and the ever-changing…
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has granted fresh import permits for petrol and diesel for the third quarter of 2026 (July to September). This strategic move aims to pre-empt potential supply disruptions and guarantee adequate fuel availability across the nation, according to a report by global energy…
The Securities and Exchange Commission (SEC) has issued a stern directive to all capital market operators, demanding an immediate cessation of any promotional activities concerning a supposed Initial Public Offering (IPO) by Dangote Petroleum Refinery and Petrochemicals FZE. The regulatory body emphatically stated that it has neither received nor granted approval for any such offering,…
CREDICO State Abuja, Nigeria – CREDICORP, a prominent financial institution, has officially launched a new credit scheme aimed at bolstering economic growth and supporting small and medium-sized enterprises (SMEs) within Ogun State. The initiative, announced at a recent press conference, is designed to provide accessible and affordable financing to entrepreneurs and businesses operating in various…
