January 2026

UBA surpasses N500bn capital milestone via rights issue The United Bank for Africa has emerged as the latest lender to meet the new minimum capital requirement set by the Central Bank of Nigeria for banks with international operations, as its... Read More →

NUPRC, NMDPRA partner to boost sector efficiency, attract investment The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have renewed efforts to enhance regulatory efficiency and foster investments in Nigeria’s oil and gas sector,... Read More →

Equities firm as NGX market cap surges N138bn Nigerian equities closed the trading session on a positive note on Thursday as the total market capitalisation of the Nigerian Exchange Limited increased by N138bn, reflecting modest investor optimism despite mixed trading... Read More →

Champion Breweries unveils N42bn public offer Champion Breweries Plc has unveiled a N42bn Public Offer of ordinary shares, opening a new phase in the company’s capital-raising programme aimed at funding expansion and the acquisition of the Bullet brand portfolio across... Read More →

North central states move to domesticate new tax As Nigeria begins implementing its new tax laws, legislative momentum is building across the North Central region, with Jigawa, Plateau, Kogi, Nasarawa and Kwara States taking concrete steps to domesticate the reforms... Read More →

UK investors drive 65% of Nigeria’s foreign inflows Nigeria attracted about 65 per cent of its recent foreign capital inflows from United Kingdom investors over the past year, with investments including $7.5m into Babban Gona and $40.5m into Johnvent Industries,... Read More →

KPMG flags errors, gaps in gazetted tax laws Nigeria’s newly gazetted tax laws, which became effective on 1 January 2026, contain errors, inconsistencies, gaps, and omissions that could affect businesses and taxpayers, according to a report by KPMG Nigeria. The... Read More →

Tinubu lauds NGX N100tn milestone, urges Nigerians to invest President Bola Tinubu has praised corporate Nigeria, citizens, and stakeholders in the Nigerian capital market for helping the Nigerian Exchange surpass the historic N100 trillion market capitalisation milestone, describing it as... Read More →

Lagos PDP governorship aspirant flags conflicting versions of tax law Lagos State governorship aspirant under the Peoples Democratic Party, Funso Doherty, has raised concerns about the existence of multiple versions of the law on official government platforms. In a recent... Read More →

Bitget expands beyond crypto with TradFi launch Bitget, the world’s largest Universal Exchange, has expanded its platform beyond digital assets with the public launch of its traditional finance trading suite, allowing users to trade assets such as gold, forex, indices... Read More →