The Central Bank of Nigeria has confirmed that all legacy Bureau De Change operators that failed to meet the new licensing requirements by 30 November 2025 have automatically lost their …
The Central Bank of Nigeria has confirmed that only 82 Bureaux De Change (BDCs) have been granted final approval to operate in the country after meeting its new and stricter …
Two Nigerian insurance companies, AXA Mansard Insurance and International Energy Insurance Plc, have projected a combined profit before tax of about N5.53bn for the first quarter of 2026. The projections …
Nigerian banks are increasingly turning their attention to non-interest income as the extraordinary foreign exchange (FX) gains they enjoyed after the FX market harmonisation begin to fade. This trend was …
The Federal Inland Revenue Service has said that Nigeria’s newly enacted tax laws are part of a broader plan to strengthen the country’s economic competitiveness, attract more investments and ensure …
The Securities and Exchange Commission has restated its commitment to intensifying the fight against Ponzi schemes in Nigeria, saying it will deepen inter-agency cooperation to identify and prosecute individuals and …
Guinea Insurance Plc has begun moves to strengthen its financial base as the Board of Directors seeks shareholders’ approval to raise up to N15bn in new capital. The plan was …
The Nigerian Council of Registered Insurance Brokers (NCRIB) has a new leader, Mrs Ekeoma Ezeibe, who has unveiled the “One Insurance Industry” agenda as the central focus of her tenure. …
The National Pension Commission (PenCom) has given regulatory approval for Leadway Holdings Limited to acquire Pensions Alliance Limited (PAL Pensions), marking a major shift in Nigeria’s pension industry. The approval …
The Securities and Exchange Commission has called for stronger adoption of technology-driven compliance systems across Nigeria’s capital market as preparations heighten for the SEC/Nigerian Capital Market Institute Compliance Summit 2025. …