Nigeria Revenue Service has commenced enforcement of 7.5% value-added tax (VAT) on service charges linked to digital financial transactions, leading to higher fees across point-of-sale payments,...
First HoldCo Plc has announced a broad round of board appointments across its non-commercial banking subsidiaries, following regulatory approvals from the Securities and Exchange Commission and...
Unity Bank Plc has disbursed over N270 million in grants to young Nigerian entrepreneurs under its Youth Entrepreneurship Development Initiative: Corpreneurship Challenge, bringing the total number...
Nigeria’s evolving tax framework is shifting enforcement from optional compliance to structured accountability. Both individuals and small businesses must adjust quickly to avoid penalties, cash flow...
Fidelity Bank Plc has raised ₦259 billion through a private placement of ordinary shares to strengthen its capital position as part of the ongoing bank recapitalisation...
Femi Otedola has urged Nigerian regulators to consider a higher capital threshold for banks operating with international licences. The Chairman of First HoldCo Plc said the...
First HoldCo Plc has announced that its commercial banking subsidiary, First Bank of Nigeria Limited, has met the Central Bank of Nigeria’s minimum regulatory capital requirement...
The financial position of Nigerian National Petroleum Company Limited came under renewed scrutiny after audited figures revealed a sharp escalation in debts owed by its subsidiaries,...
The Nigerian Exchange (NGX) closed the first trading week of 2026 on a strong footing as broad-based buying across equities lifted key market indicators, supported by...
FirstBank has announced plans to host its Nigeria Economic Outlook 2026 to provide businesses, investors, and stakeholders with clarity on Nigeria’s evolving economic direction as the country...