Investors are weighing whether Nigerian Breweries can sustain its recovery and resume dividend payments following a period of severe macroeconomic instability and foreign exchange losses.
Anchoria Capital Group has received approval from the Securities and Exchange Commission to operate as a non-operating HoldCo, consolidating its asset management, securities, and advisory arms.
SunTrust Bank Nigeria Limited has concluded its recapitalisation exercise, paving the way for increased technology investments and service expansion as the lender marks a decade of operations.
OPay is preparing to list on the Nigerian Exchange (NGX), a move intended to strengthen its local presence before pursuing a $4 billion US IPO.
The Central Bank of Nigeria is increasing oversight of bank holding companies to prevent risk contagion and limit the systemic impact of Nigeria’s largest financial conglomerates.
