Business
UBA, Access, First HoldCo Await Dividend Clearance
Nigeria’s United Bank for Africa (UBA), Access Holdings and First HoldCo are facing renewed uncertainty over dividend payments in 2026, as regulatory restrictions continue…
Business
Business
Africa’s Inflation Gains Slow as Oil Prices Surge
Africa’s progress in controlling inflation weakened in September as rising oil prices and geopolitical tensions renewed pressure on consumer prices across the continent. According…
Business
CBN Gives JPMorgan Initial Approval for Merchant Bank
The Central Bank of Nigeria (CBN) has granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, paving the way for the American financial…
Business
Stocks Remain Attractive Despite Rising Market Risks
Global stocks remain favoured by investors as strong corporate earnings support market performance, despite rising interest rates, inflation concerns and geopolitical uncertainty. According to…
Business
Property Investors Urged to Verify Titles Before Buying
Property investors in Nigeria are being advised to conduct legal checks before purchasing land or commercial buildings to avoid fraud, ownership disputes and financial…
Business
Shoprite Eyes Investec Banking Deal to Expand Financial Services
Shoprite Holdings, the $11 billion retail giant linked to South African billionaire Christo Wiese, is exploring a potential banking partnership with Investec as it…
Business
JUST IN: CBN grants JP Morgan approval to set up merchant bank in Nigeria
The Central Bank of Nigeria (CBN) has officially granted JPMorgan approval-in-principle to establish a merchant bank in Nigeria, following the banking sector recapitalisation exercise.…
Business
How Nigerian Milliners Can Cut International Shipping Costs
International shipping costs are becoming a challenge for Nigerian milliners, with expensive delivery fees threatening sales and making it difficult to attract overseas customers.…
Business
Why ₦300bn in Insurance Funds Remains Stuck at CBN
About ₦300 billion raised by Nigerian insurance companies during the industry’s recapitalisation exercise remains held in escrow accounts at the Central Bank of Nigeria…
Business
Sujimoto Plans 49-Storey Luxury Hotel in Lagos
Sujimoto Group has unveiled plans for a 49-storey luxury hotel in Lagos, with the company targeting a development that would become Nigeria’s tallest luxury…
