The Federal High Court in Abuja has ordered the final seizure and forfeiture of a Bombardier BD-700 Global 6000 aircraft to the Federal Government, following a suit filed by the …
Business Policies
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AfricaAFRICA NEWSBusiness Policies
Zenith Bank gets regulatory approval for full takeover of Paramount Bank
Zenith Bank Plc has secured regulatory approval from the Competition Authority of Kenya (CAK) to acquire 100 per cent of Paramount Bank Limited, marking a major step in the Nigerian …
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AfricaAFRICA NEWSBusiness Policies
FCMB-TLG private debt fund N20bn series 2 offer opens for investment
FCMB Asset Management Limited (FCMBAM) has announced plans to open the FCMB–TLG Private Debt Fund Series 2, targeting up to N20 billion from investors, following the receipt of all required …
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Nigeria’s fast-growing digital economy is facing a major threat from a deepening shortage of skilled technology professionals, with industry experts warning that as much as $11 billion in annual sector …
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The Federal Government has directed banks and fintech companies to begin collecting and remitting 7.5 per cent Value Added Tax (VAT) on selected electronic banking service fees, effective Monday, January …
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Flutterwave Inc. has acquired open-banking startup Mono Technologies Nigeria Ltd. in a move aimed at boosting earnings, deepening its payments infrastructure and strengthening its prospects for a future initial public …
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Nigeria has signed a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates (UAE), a move the Federal Government has described as a major boost to trade relations and …
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Business PoliciesCBNUncategorized
CBN Recapitalisation Drive Nears Deadline as More Banks Meet 2026 Capital Threshold
With the March 31, 2026 deadline drawing closer, Nigeria’s banking sector is witnessing accelerated activity as lenders race to comply with the Central Bank of Nigeria’s (CBN) recapitalisation requirements. Contrary …
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Chairman of the Alliance for Economic Research and Ethics (AERE), Dele Oye, has warned that key provisions of the Nigeria Tax Act 2025 may pose serious challenges to its effective …
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Banking, Finance & InvestmentBusiness PoliciesCorporate GovernanceDevelopmentEconomic DevelopmentEducationEntrepreneurshipInnovationTechnologyUncategorized
Jim Ovia: The Godfather of Nigerian Banking
In the course of the findings on Nigeria’s most influential business leaders, one name consistently stands out: Jim Ovia. Widely referred to as the “Godfather of Banking”, Jim Ovia is …