Business

Nigeria’s stock market has started 2026 on a strong note, with total market capitalisation on the Nigerian Exchange (NGX) rising above ₦100 trillion for the first time and closing at about ₦101.81 trillion. The milestone was driven by sustained buying from both local and foreign investors, extending the bullish momentum…

Under the Central Bank of Nigeria (CBN) Banking Sector Recapitalisation Programme, commercial banks with international authorisation are expected to hit a ₦500 billion minimum paid-in capital threshold (paid-up share capital plus share premium) within the programme window that runs from April 1, 2024 to March 31, 2026. For Q1 2026…

Flutterwave has acquired Nigerian open-banking startup Mono in an all-stock transaction valued between $25 million and $40 million. The deal strengthens Flutterwave’s business beyond payments by adding open-banking data and verification capabilities. What Mono Brings Into Flutterwave Mono is known for building APIs that allow businesses to connect to bank…

Governments are changing rules to grow local industries, attract investment, create jobs, and improve how business is done.  These changes are not just “big government talk.” They are already shaping real business opportunities created by new African policies for startups, SMEs, and growing companies. The smart move is to understand…

As of January 1, 2026, the long queues at tax offices are officially a thing of the past. The Joint Tax Board (JTB), now operating alongside the Nigerian Revenue Services (NRS) has launched a unified digital portal. This new system automatically links your tax records with your National Identity Number…