In a major boost to capital market regulation in Nigeria, President Ahmed Bola Tinubu assented to the Investments and Securities Bill (ISB) 2025, which repeals the Investments and Securities Act No. 2...
Recently released data from the National Pension Commission (PenCom) show that the total Pension Assets Under Management (AUM) of the regulated pension industry increased by 2% month-on-month (MoM) an...
JP Morgan, an American Bank, is planning to transform its representative office in Lagos into a fully-fledged business branch, marking a further step in its CEO’s strategy to strengthen its presence o...
At KSBC, we conduct trainings for banking and financial institutions and businesses. Recently, we have been training the Fidelity bank corporate department in Victoria Island, Lagos on Credit Risk Man...
To get a slice of Lagos’ booming data center market—projected to reach 80 megawatts (MW) by 2027—global investors are pouring capital into Victoria Island and the Lekki Peninsula, two of the city’s mo...
MultiChoice, Africa’s leading entertainment platform, has told its shareholders to brace for more difficult times ahead, as it is operating in a challenging consumer environment. MultiChoice, which op...
Nigeria’s interbank lending rate surged to a five-year high of 28.58 percent in January 2025, reflecting the Central Bank of Nigeria’s (CBN) aggressive monetary tightening measures. The interbank rate...
The National Assembly’s House of Representatives Public Accounts Committee has recovered an additional $14.2m (N21.4bn) from four oil and gas companies in its ongoing investigation into financial disc...
The World Bank is set to approve fresh loans totalling $632m to Nigeria today (Monday) amid mounting concerns over the country’s rising debt profile, The PUNCH reports. The loans are to support critic...
GTCO has declared a record N7 per share in final dividends, bringing its total dividend for the year to N8 per share, a record for the bank. Research also estimates that this is the highest dividend p...
