Finance

Banks To Demand Tax ID Before Allowing Account Operations – Oyedele

Nigerian banks will from January 1, 2026 require all taxable individuals and…

Nigeria’s Finance Minister Wale Edun Urges Banks to Prioritise Innovation and SMEs Over Big Corporates

Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun,…

Lafarge Africa Records N780.48 Billion Revenue in 9M 2025, Posts 246% Profit Surge

Lafarge Africa Plc reported a 63% increase in revenue for the nine…

NGX Closes Week Negative as Investors Lose ₦265bn

The Nigerian Exchange (NGX) ended trading on Friday, September 19, on a…

Nigerian Stock Market Dips Amidst Inflation Concerns

Nigeria stock market experienced a slight downturn last week, with the NGX…

Banks Navigate Shifting Credit Landscape in Early 2025

A nuanced picture of Nigeria's credit market emerged in the first quarter…

House Orders Remita to Refund N182.77bn in TSA Discrepancy

The House of Representatives has issued a firm directive to financial technology…

PwC Pulls Out of Nine Sub-Saharan African Nations Amid Strategic Shift

PricewaterhouseCoopers (PwC), one of the "Big Four" accounting firms, has confirmed its…

Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

UK-Backed InfraCredit Lists on NASD OTC, Secures $41M to Bolster Nigeria’s Infrastructure

In a significant move aimed at bridging Nigeria's substantial infrastructure deficit, InfraCredit,…