Africa: Finance and Banking

Open Banking is transforming financial services in Nigeria by enabling the secure sharing of consumer financial data among banks, fintechs, and other regulated third-party service providers through APIs...

On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform Act (NIIRA or the "Act") 2025.

When the Central Bank of Nigeria (CBN) released its June 13, 2025 circular—"Temporary Suspension of Dividend Payments...

Capital Markets Comparative Guide for the jurisdiction of South Africa, check out our comparative guides section to compare across multiple countries

Going public is a significant milestone for any private company, offering access to capital, increased visibility, and enhanced credibility.

Capital Markets Comparative Guide for the jurisdiction of Ghana, check out our comparative guides section to compare across multiple countries

The Companies Act 71 of 2008 (the Companies Act) has brought about a unique change in business methods.

ENS acted on behalf of Investec Bank Limited in an application for summary judgment against a defendant where the defendant had stood surety for the debts of certain companies.

With the introduction of business rescue by the new Companies Act (which came into effect on 1 May this year), a company director is obligated to either pass a resolution for business rescue or for liquidation, as soon as he or she becomes aware that the company is trading in a financially distressed situation or notify all stakeholders of the basis for not doing so.

On Tuesday, August 5, 2025, the Nigerian President, Bola Ahmed Tinubu signed into law the Nigerian Insurance Industry Reform Act (NIIRA or the "Act") 2025.

In this article, Simisola Eyisanmi and Bankole Oke explore the recapitalisation strategies available to BDCs, from equity and debt financing to mergers and retained earnings, within the context of Nigeria's evolving capital market.

The Central Bank of Nigeria ("CBN"), being the country's apex bank and the regulator of the banking sector, has as one of its key objectives to promote a sound financial system.