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Nigeria’s cross-border payments on PAPSS falls 53% to N5.6bn

Vanguard Nigeria • 26 Jan 2026, 07:07

By Babajide Komolafe Nigeria’s participation in the Pan-African Payment and Settlement System (PAPSS) recorded a sharp contraction in the first half of 2025, as the value of cross…

By Babajide Komolafe Nigeria’s participation in the Pan-African Payment and Settlement System (PAPSS) recorded a sharp contraction in the first half of 2025, as the value of cross-border transactions processed through the platform fell by 53 per cent to N5.6 billion. The Central Bank of Nigeria, CBN, disclosed this in its Financial Stability Report, June 30th, […] The post Nigeria’s cross-border payments on PAPSS falls 53% to N5.6bn appeared first on Vanguard News.

PayDunya and the quiet work of building Africa's payments backbone

African Business • 26 Jan 2026, 07:04

As Africa's digital economy accelerates, the success of e commerce platforms, digital services and public systems depends on an often overlooked foundation: payments. Senegalese f…

As Africa's digital economy accelerates, the success of e commerce platforms, digital services and public systems depends on an often overlooked foundation: payments. Senegalese fintech PayDunya has spent the past decade tackling the fragmentation beneath Africa's digital growth by building infrastructure designed for scale, compliance and cross border complexity.

Africa's venture capital reckoning

African Business • 26 Jan 2026, 06:59

After two bruising years, venture capital is flowing back into Africa. But this is no return to business as usual. New data from Briter's Africa Investment Report 2025 shows a mor…

After two bruising years, venture capital is flowing back into Africa. But this is no return to business as usual. New data from Briter's Africa Investment Report 2025 shows a more selective, concentrated and demanding market, one that is rewarding resilience and scale while quietly sidelining weaker players.

We’re increasing investment in Nigeria because of Tinubu’s policies – Shell CEO

Premium Times Nigeria • 26 Jan 2026, 06:52

"Your leadership and your vision have created an investment climate over the last few years that, I will be very honest with you, propelled us to invest..." The post We’re i…

"Your leadership and your vision have created an investment climate over the last few years that, I will be very honest with you, propelled us to invest..." The post We’re increasing investment in Nigeria because of Tinubu’s policies – Shell CEO appeared first on Premium Times Nigeria.

Nigeria’s money supply grows to N124.4trn

Vanguard Nigeria • 26 Jan 2026, 06:47

Currency in circulation hits N5.4trn lCredit to govt rises 29% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) grew by 1.2 percent month-on-month (MoM) to N124.4 trillion in De…

Currency in circulation hits N5.4trn lCredit to govt rises 29% By Elizabeth Adegbesan Nigeria’s Money Supply (M²) grew by 1.2 percent month-on-month (MoM) to N124.4 trillion in December 2025, from N122.9 trillion the previous month.  This is contained in Central Bank of Nigeria, CBN,  Money and Credit Statistics released over the weekend. The data indicated that […] The post Nigeria’s money supply grows to N124.4trn appeared first on Vanguard News.

AMCON cash recoveries rise 28% to N66.1bn — CBN

Vanguard Nigeria • 26 Jan 2026, 06:43

By Babajide Komolafe The Asset Management Corporation of Nigeria, AMCON, recorded a 27.87 per cent increase in cash recoveries to N66.12 billion in the first half of 2025, H1’25 f…

By Babajide Komolafe The Asset Management Corporation of Nigeria, AMCON, recorded a 27.87 per cent increase in cash recoveries to N66.12 billion in the first half of 2025, H1’25 from N51.71 billion at end-December 2024. The Central Bank of Nigeria, CBN disclosed this in its Financial Stability Report for H1’25 noting that the stronger recovery performance […] The post AMCON cash recoveries rise 28% to N66.1bn — CBN appeared first on Vanguard News.

Nigeria records 14% rise in exports to Africa

Vanguard Nigeria • 26 Jan 2026, 06:38

…As fuel tops export list By Emma Ujah, with agency reports Nigeria’s exports to Africa reached N4.82 trillion in the first half of 2025, up 14% year-on-year compared to N4.21 tri…

…As fuel tops export list By Emma Ujah, with agency reports Nigeria’s exports to Africa reached N4.82 trillion in the first half of 2025, up 14% year-on-year compared to N4.21 trillion in the first half of 2024. West Africa absorbed over 62% of Nigeria’s continental exports. Bashir Adewale Adeniyi, Comptroller General of the Nigeria Customs Service, […] The post Nigeria records 14% rise in exports to Africa appeared first on Vanguard News.

Families bid farewell to schoolchildren in South Africa killed in a school bus crash

Africanews EN • 26 Jan 2026, 06:36

Dozens of mourners gathered at a sports complex in the South African city of Vereeniging on Sunday to bid farewell to three schoolchildren killed in a school bus crash.

Dozens of mourners gathered at a sports complex in the South African city of Vereeniging on Sunday to bid farewell to three schoolchildren killed in a school bus crash.

FG eyes N3trn savings as 14m farmers join cassava value chain

Vanguard Nigeria • 26 Jan 2026, 06:34

By Progress Godfrey  The Federal Government has initiated measures to empower 14 million smallholder farmers as key drivers of the Cassava Bio-ethanol Value Chain Development…

By Progress Godfrey  The Federal Government has initiated measures to empower 14 million smallholder farmers as key drivers of the Cassava Bio-ethanol Value Chain Development Project, aiming to reduce fuel import costs and strengthen Nigeria’s bio-economy. This was disclosed by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, in a statement signed by […] The post FG eyes N3trn savings as 14m farmers join cassava value chain appeared first on Vanguard News.

CBN sets new ATM deployment policy

Vanguard Nigeria • 26 Jan 2026, 06:28

…Reduces resolution time of failed transactions By Emma Ujah, Abuja Bureau Chief   The Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deploy…

…Reduces resolution time of failed transactions By Emma Ujah, Abuja Bureau Chief   The Central Bank of Nigeria (CBN) has established New Minimum Standards for ATM Deployment, Operations, Maintenance, and Security.   The apex bank said the new ratio contained in its circular titled, “Exposure of the Draft Guidelines on the Operations of Automated Teller Machines (ATMs) in […] The post CBN sets new ATM deployment policy appeared first on Vanguard News.

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