Nigeria’s financial ecosystem is undergoing one of its most profound transformations in decades. Once dominated by traditional banks and manual processes, the sector has evolved into a digitally driven, innovation-led economy. In the nine months of 2025 alone, 33 percent ($725 million out of $2.2 billion) of the funding raised has gone to African fintech […]
Nigeria’s banking sector grapples in the throes of greatest transition in twenty years. The Central Bank of Nigeria (CBN) has set a March 2026 ultimatum for banks to meet new sharply spiky in March 2024 has set a deadline of March 2026 for banks to meet new steep capital requirements. The competitive landscape is in […]
The Nigerian government recently unveiled a new capital gains tax (CGT) aimed at making the system more progressive. The new regime, which will start on January 1 2026, is rumoured to have raised the CGT from 10 percent to 30 percent unless the proceeds are reinvested in other listed or unlisted domestic equities. Several stakeholders, […]
Edo State Government, on Wednesday, ordered Heads of Local Government Administration (HoLGAs) across the 18 Local Government Areas in the state to immediately proceed on compulsory leave. Chairman, Edo State Local Government Service Commission, Adjoto Kabiru, who disclosed this while speaking with journalists in Benin, said the move was to revamp the local government administration […]
…Oshiomhole points fingers at fellow politicians Many Nigerians and civil society groups have raised concerns over the sincerity of ongoing efforts to reform Nigeria’s Electoral Act 2022, questioning whether politicians who benefit from electoral malpractice can bring about genuine change. The concerns follow renewed effort by the National Assembly to amend the Electoral Act 2022, […]
Bruno Guimaraes scored a dramatic 90th-minute winner as Newcastle United battled to a hard-fought 2-1 victory over Fulham at St James’ Park on Saturday. Eddie Howe’s side looked set for another frustrating afternoon after Sasa Lukic cancelled out Jacob Murphy’s first-half opener, but Guimaraes struck late to secure a crucial three points for the Magpies. […]
Building lasting wealth is rarely a matter of luck. Among the world’s ultra-high-net-worth individuals, financial success stems from deliberate choices, long-term discipline, and a distinct mindset about money. Beyond private jets, lavish homes, and vast portfolios, what truly sets the ultra-wealthy apart is how they think about money. Their decisions are driven by vision, purpose, […]
Governor Umar Namadi of Jigawa State on Friday inaugurated the State Council on Nutrition 774, reaffirming his administration’s commitment to combating malnutrition and strengthening food security across the state. The inauguration followed a courtesy visit by Mrs. Uju Rochas-Anwuka, Senior Special Assistant to the President on Public Health (Office of the Vice President), who was […]
A Kuje Magistrate Court in Abuja has granted bail to Omoyele Sowore, human rights activist, and several others arrested during the #FreeNnamdiKanuNow protest in the Federal Capital Territory (FCT). Also granted bail were Aloy Ejimakor, counsel to the detained leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu; and Kanu’s brother, Prince Emmanuel […]
The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government of Nigeria to widen the scope of exempted products under the Customs’ four percent Free-on-Board (FOB) levy, following recent changes by the Nigeria Customs Service (NCS) that provide relief for certain sectors. The initial announcement by Customs last month exempts manufacturers […]