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Nigeria’s electricity sector is often described as broken. Power plants sit idle, consumers complain of unreliable supply, and operators struggle
The International Monetary Fund (IMF) has revised Nigeria’s economic growth forecast for 2026 upward to 4.4%, from its previous estimate
Nigeria’s banking recapitalisation has moved from policy ambition to last-mile arithmetic. With the Central Bank of Nigeria’s March 31, 2026
Nigerian banks are entering a new phase after several years of unusually strong profits. Following large capital raises and a
By any global standard, Tony Elumelu’s 20% stake in UBA is exceptionally large. With his stake in United Bank for
Nigeria’s delayed 50-block oil licensing round is unfolding at a moment when the upstream sector is showing early but tangible
The Securities and Exchange Commission (SEC) has issued Circular No. 26-1, raising minimum capital requirements for all capital market operators
Business File featuring Dangote Petroleum Refinery, Nigerian Economic Summit Group, and Nigerian Society of Engineers (NSE).
Recent announcements about the Federal Government’s directive on 7.5% Value Added Tax (VAT) on bank and fintech charges have caused
The United States House of Representatives has passed a bill extending the African Growth and Opportunity Act (AGOA). This bill
Paystack has acquired Ladder Microfinance Bank to rebrand it into Paystack Microfinance Bank continuing its foray into banking in addition
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Revenue Service (NRS) have agreed to deepen institutional collaboration as
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