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United Bank for Africa reported N538bn profit after tax for Q3 2025, with assets climbing to N32.5trn and shareholders’ funds up 26%, reflecting strong performance and robust capitalisation.
A long-stalled $2.7 billion debt cleanup could unlock cash and capacity for Nigeria’s billionaire-owned power plants.
Geregu Power, under Femi Otedola’s leadership, forecasts record 2025 earnings of ₦44 billion ($29 M), signaling strong revenue growth amid Nigeria’s power challenges.
The Bank of Ghana has suspended UBA Ghana’s foreign exchange licence, piling pressure on Tony Elumelu.
Cameroon’s richest iron ore reserve has triggered a court fight in London, pitting the Mukete family against Libya’s central bank over ownership.
Nigerian fintech startup Juicyway aims to streamline currency exchange with a hybrid DeFi-TradFi solution.
Oando achieves strong financial performance, driven by cost management and improved operations.
Regulatory actions and stricter SIM identification requirements reshape Nigeria's telecom landscape.