- Business
Taxpayers urged to file individual annual returns ahead of March 2026 deadline
The Lagos State Internal Revenue Service (LIRS) has advised all individual taxpayers in Lagos State to file their annual tax returns for the 2026 year of assessment on or before March 31st, 2026. The statutory filing requirement applies to all taxable persons, including self-employed individuals, business owners, professionals, persons in the informal sector, and employees under the Pay-As-You-Earn (PAYE) scheme.…
Read More » - Uncategorized
UBA, Access Holdings approve 2025FY results, proposed dividends payout
The boards of United Bank for Africa Plc (UBA) and Access Holdings Plc have approved their audited results and proposed dividend payments for the financial year ended 31 December 2025. The two Pan-African financial institutions made the announcement through corporate disclosures filed with the Nigerian Exchange Limited (NGX). Access Holdings said its board of directors met on February 20, 2026,…
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Union Bank responds to Cardoso’s remarks at MPC meeting with calm assurance
Union Bank of Nigeria has issued a statement reaffirming its steadfast position in the course of ongoing regulatory engagements in response to recent media queries at the Central Bank of Nigeria’s (CBN) 304th Monetary Policy Committee (MPC) press briefing. The bank’s affirmation comes in the wake of Governor Olayemi Cardoso’s clarification on the regulatory framework governing institutions under intervention while…
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20 banks raise N4.05trn to meet capital threshold, says Cardoso
The Central Bank of Nigeria (CBN) has confirmed that 20 banks have successfully met the new minimum capital requirement ahead of the March 31 deadline, raising a combined total of N4.05 trillion. CBN Governor, Dr. Olayemi Cardoso disclosed this at the end of the 304th Monetary Policy Committee (MPC) meeting held in Abuja on Tuesday. According to him, 33 banks…
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Lagos state champions sustainability with N244.82bn green fixed rate bonds
In a landmark demonstration of its steadfast commitment to advancing Nigeria’s debt capital markets, promoting sustainable finance, and enabling transformative economic development, FMDQ Securities Exchange Limited ( has approved the listing of Lagos State Government of Nigeria’s N14.82 billion 5-Year 16.00% Series 3 Fixed Rate Green Bond and N230.00 billion 10-Year 16.25% Series 4 Fixed Rate Bond under its N1.00…
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AltBank commits to financing Ondo’s vision of prosperous, sustainable future
The Alternative Bank (AltBank) has continued its national expansion drive with the official launch of a new branch in Ondo State, reinforcing its commitment to deepening ethical finance and driving inclusive economic growth across Nigeria. With Ondo State’s economy anchored largely on agriculture, particularly cocoa production, poultry farming, and other cash crops, alongside a growing SME and trade ecosystem, AltBank…
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Accion Microfinance Bank quotes N2.02bn CP on FMDQ Exchange
In continued demonstration of its unwavering commitment to strengthening the Nigerian debt capital markets and advancing financial inclusion, FMDQ Securities Exchange Limited has approved the quotation of Accion Microfinance Bank Limited’s N2.02 billion Series 1 Commercial Paper (“CP”) under its N5.00 billion Commercial Paper Programme. This approval by the Exchange’s Board Listings and Markets Committee provides Accion Microfinance Bank with…
Read More » - Perspectives
Quintessential Wike Nyesom, by Kola Amzat
Since the turn of the 4th Republic in 1999, PDP has been the dominant force in FCT and its environs’ politics, claiming resounding victory in all the elections conducted till date-Senatorial, House of Representatives, and even, LGAs. The incumbent Senator, Mrs. Ireti Kingibe is the 5th Senator representing the PDP at the upper chamber following the steps of Khairat Abdulrasaq-Gwadabe…
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CBN cuts interest rate to 26.5%
The Central Bank of Nigeria (CBN) has reduced the interest rate or Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent from 27 per cent. The decision was taken at the 304th meeting of the Monetary Policy Committee (MPC) held in Abuja on Tuesday. The outcome was announced by the CBN Governor, Mr. Olayemi Cardoso, with 11…
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Okomu Oil, others lift Nigerian’s equities market by N805bn
The Nigerian equities market on Monday started the week on surge investors demand for Okomu Oil Plc, to extend its winning streak to the fourth consecutive trading session with a gain of N805 billion. The All Share Index (ASI) gained by 1,273.79 basis points or 0.65 per cent to close at 196,263.56 basis points. Also, market capitalisation up by N805…
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