Nigeria: Finance and Banking

On March 12, 2026, the Central Bank of Nigeria issued a directive barring commercial banks from providing new loans and specific banking services to “large-ticket obligors” who have defaulted on their existing loan obligations.

Capital, Time, and the Nature of Impact Patient capital is to enduring impact what fuel is to motion—without it, intention rarely translates into transformation.

In March 2024, the Central Bank of Nigeria (CBN) released the Banking Sector Recapitalization Programme (FPR/DIR/PUB/CIR/002/009)...

In the high-stakes world of corporate finance, the line between a “going concern” and “legal vulnerability” is often thinner than a balance sheet suggests.

On 25th August 2011, the respondent, a legal practitioner, through his law firm of Abang Ogar & Co., entered into a Consultancy Service Agreement...

When structuring a facility in leveraged finance, it is important to bear in mind that a lender's protection is only as strong as the loopholes in the financing agreement.

Loans are central to modern business and banking practice, enabling businesses and individuals to finance commercial activities and contributing to economic growth.

One of the common areas of dispute in commercial transactions is the right of a Mortgagee to exercise its power of sale of a mortgaged property following the Mortgagor's failure to repay a loan.

Due to certain accounting and legal reasons, companies seeking to maintain liquidity and therefore keep business afloat, may choose to take only financial measures incurring of limited financial liability.

When DN Tyre & Rubber Plc and Greif Nigeria Plc were removed from the Nigerian Exchange Limited's Daily Official List, shareholders found their legally-owned shares suddenly untradeable.

Air transportation is easily one of the most incredible and remarkable innovations in the history of man. It has redefined how people and goods move across the world, offering the highest level of speed and flexibility amongst various travel options. Yet, this convenience comes at the indispensable cost of being the most expensive travel option available.

Kenya and Nigeria are formalizing their digital asset markets through Virtual Asset Service Provider (VASP) licensing frameworks. While both countries require regulatory approval for crypto operations, their licensing categories, capital requirements, and compliance expectations differ significantly. Understanding these distinctions is essential for fintech founders and financial institutions seeking to enter or expand in these African markets.