Access to credit in Nigeria has been low for a while, with the Central Bank of Nigeria affirming that only 5.3% of the adult population have access to finance.

When acquiring a company or business, one of the main issues for an acquirer is how to finance the acquisition. Except the acquirer is in a position to complete the deal using existing cash...

Fostering effective credit administration in Nigeria to encourage proper credit management development was one of the reasons for the establishment of the General Assembly of Banks' Chief Executives (GABCE) in Nigeria.

You have likely heard the saying, "the rich keep getting richer." One of the reasons often attributed to this is their ability to access debt easily and use borrowed capital to expand their businesses and investments efficiently.

To recover debt from a company and individual in Nigeria involves various legal options. It is important to state that there is a limitation period to which a debt can be recovered in Nigeria.

The act of detention of a chattel or seizing of property belonging to another and refusing to deliver up the property upon demand by the owner is called "detinue" in law.

Despite numerous global and domestic challenges, Nigeria's financial sector has demonstrated remarkable resilience throughout the first half of 2024.

As part of its objectives of promoting a transparent, liquid, and efficient foreign exchange market, the Central Bank of Nigeria has released the Nigeria Foreign Exchange Code containing guidelines for good practice and responsible participation in the Nigerian Foreign Exchange Market.

Nigeria is facing major revenue challenges. The 2023 total budget deficit is N10.78 trillion.

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.

The Securities and Exchange Commission has issued Circular No. 26-1 dated 16th January 2026, revising the minimum capital requirements applicable to regulated capital market entities in Nigeria.

The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate (NOFR) as Nigeria's new overnight interbank benchmark.

In Nigeria's dynamic financial landscape, the recapitalisation of the banking sector has opened new opportunities for growth. This article delves into the critical role financial advisors...

In the normal course of business, legally enforceable contracts are pivotal to the success of a company. The Black's Law Dictionary defines a contract as an agreement between two...

The Securities and Exchange Commission (SEC) remains Nigeria's apex regulatory body overseeing the capital market.

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.

By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...

Many small- and mid-sized businesses struggle to access traditional bank financing due to strict lending requirements, high collateral demands, and limited credit availability.

To understand Garnishee Proceedings in Nigeria, you need to bear in mind that there must be a judgment of a "Court of competent jurisdiction" which enables a successful judgment creditor to enforce...

Dr Martin Tallhause looked out of his 15th-floor office window at the busy façade of the hustle and bustle of Ikoyi. He looked like he had just seen a ghost...