
Back to Normal: Nigerian Banks Face a Profit Slowdown After Raising New Capital
Nigerian banks are entering a new phase after several years of unusually strong profits. Following large capital raises and a
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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

Andersen Nigeria has moved to counter what it describes as widespread misinformation surrounding the Nigeria Tax Act 2025, warning that

SCOA Nigeria Plc has obtained a Federal High Court order permitting it to convene six consolidated Annual General Meetings (AGMs)

Nigeria and the United Arab Emirates (UAE) on Tuesday signed a Comprehensive Economic Partnership Agreement (CEPA) that significantly expands market












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