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CBN proposes sweeping ring-fencing plan for banks
If you bank with any of Nigeria’s major financial institutions, the company behind your account likely owns a fintech, an insurance arm, or a microfinance subsi…
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If you bank with any of Nigeria’s major financial institutions, the company behind your account likely owns a fintech, an insurance arm, or a microfinance subsidiary.

Nigeria collected a record ₦2.42 trillion in Value Added Tax during the first three months of 2026, a figure that paints a rosy picture of the country’s expanding tax base.

Investors holding shares in Nigerian banking groups have weathered a punishing regulatory cycle, and a fresh proposal from Abuja could trigger another costly rethink.

Nigeria has spent decades promising to reduce its dependence on oil revenue, and nearly every administration has pledged diversification.

Nigeria pulled in ₦2.42 trillion in value-added tax during the first quarter of 2026, marking a new quarterly high in the country’s most critical non-oil revenue stream.

A stock that sat frozen near ₦640 for months suddenly cracked open on June 11, 2026, and what spilled out may trouble shareholders.

If you owned CAP PLC shares heading into the second week of June 2026, the trading floor had a painful surprise waiting.

If you held a basket of Nigerian exchange-traded funds heading into June 10, 2026, the closing bell probably left a mark on your portfolio.

Something unusual happened to First HoldCo Plc on the Nigerian Exchange on June 10, 2026, and it had nothing to do with a crash or a rally.
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