
Tony Elumelu’s 12-year reign at UBA reaches its end
Tony Elumelu’s exit from Africa’s global bank opens a new chapter, but his next move was already locked in.
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Tony Elumelu’s exit from Africa’s global bank opens a new chapter, but his next move was already locked in.

Understanding the Bank of Industry loan how to apply process can give your business access to single-digit interest rates that commercial banks cannot match.

The full FCCPC delisted loan apps 2026 list now spans two enforcement waves, but a court order has frozen any further removals.

The NGX Oil and Gas Index posted its steepest weekly decline of the year, even as investors who bought in January still hold massive gains.

The NGX banking index shed 3.72% in one week as Zenith Bank, GTCO, and Fidelity Bank led a sharp pullback, even as trading volumes surged across the broader exchange.

The Joint Revenue Board established under the JRBEA replaces the Joint Tax Board with broader powers, specialized dispute resolution, and a revised VAT sharing formula that shifts revenue toward states.

The tax ombuds office in Nigeria investigates taxpayer complaints at zero cost, but the process starts only after you exhaust internal channels with the relevant revenue authority.

MTN Nigeria barely registered a pulse on the exchange during one of July’s sharpest trading rebounds despite holding the country’s highest corporate credit rating.

The CBN’s Q3 borrowing calendar dwarfs every previous quarter this year, reshaping the outlook for yields and market liquidity.

Stanbic IBTC shed 8% in a single session as the broader Nigerian market extended its bearish correction into July 2026.

The Dangote Refinery dual listing could span Lagos and London, reshaping how investors on both sides of the Atlantic access Africa’s largest energy asset.

The Dangote Refinery IPO allocation process will decide which of Africa’s millions of eager investors walk away with shares and which receive a refund instead

Dangote Cement cleared a critical shareholder hurdle for a London Stock Exchange listing while delivering its biggest dividend payout ever.

PZ Cussons Nigeria posted ₦49 billion in profit and erased a ₦17 billion equity deficit, but the numbers raise important questions about what comes next.

Conoil hit its daily price limit on the Nigerian Exchange as the broader energy sector extended a punishing correction into July.

The full CBN approved loan apps list for 2026 reveals 457 licensed platforms, but two separate regulators share oversight, and knowing the difference protects your data and your money.

Finding the best loan apps in Nigeria 2026 without collateral means looking past the download button and into the fine print.

Dangote Cement dropped 7.5% as investors lost ₦2.39 trillion in Nigerian equities on the first trading session of July.

Zenith Bank led the NGX value chart as heavy profit-taking in blue-chip stocks erased ₦2.39 trillion from the market on the first trading day of July.

Aradel Holdings recommended ₦33 per share in total dividends for 2025 after profit surged 192% to ₦757.3 billion

The Nigeria Tax Act hands qualifying SMEs a 0% corporate income tax rate, but the gap between full exemption and a 30% bill depends on thresholds and sector rules most owners have not reviewed.

Here are the Nigeria Tax Act changes individuals need to know, from a tripled tax-free threshold to new crypto reporting rules that reshape what you owe and what you keep.

Universal Insurance posted a ₦2.2 billion loss in Q1 2026 after oil and gas claims erupted, wiping out a 40% jump in gross premiums and flipping a profitable quarter into a painful miss.

Jaiz Bank signals continued earnings momentum with its Q3 2026 forecast, projecting ₦9.69 billion in profit after tax amid a ₦150bn capital raise and aggressive branch expansion plans.

The Nigerian Exchange (NGX) closed the first half of 2026 with a broad sell-off in heavyweight stocks, even as the market held onto a 45.95% year-to-date gain that masks June’s bruising correction.

Skyway Aviation shares touched a record peak before reversing sharply, raising questions about the stock’s valuation after a 152% rally.

More than 1.2 million Wema Bank shares changed hands on June 29 without moving the price, a striking signal in a session where the broader NGX lost 1.57%.

The Dangote Refinery IPO prospectus has not been filed with regulators yet, but knowing what it will contain puts you ahead of the crowd.

Millions of Nigerians are racing to figure out how to buy Dangote Refinery shares, but most aren’t ready for what the process actually requires.

Africa’s largest refinery just made its first Middle East crude purchase, and the timing says everything about where Dangote is headed next.
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