Browsing Category
Finance
CBN HoldCo Rules: How a Chapel Hill White Paper May Have Inspired Nigeria’s…
The Central Bank of Nigeria’s proposed Financial Holding Company (HoldCo) regulations have triggered intense debate…
United Capital Takes Bold Step With 5% Stake in NGX Group, Strengthening Nigeria’s…
United Capital Group has strengthened its position in Nigeria’s financial sector after completing the…
CBN HoldCo Reforms May Force ₦370bn Capital Raise Across Nigeria’s Top Banks
Nigeria’s leading banking groups may soon be compelled to raise about ₦370 billion in fresh capital…
IMF Urges Nigeria to Tax Fuel and Telecom Services to Boost Revenue
Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the…
Nigeria’s Banking Profit Boom Fades as Earnings Drop, While African Rivals Surge…
Nigeria's banking sector, once celebrated as one of Africa's strongest profit engines, is entering a new phase…
CBN Proposes Stricter Banking Rules with New Ring-Fencing Guidelines for Financial…
The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other…
FG Raises N4.68 Billion Through June Savings Bond as Investors Seek Safer Returns
The Federal Government of Nigeria has raised N4.678 billion through its June 2026 Savings Bond issuance,…
United Capital Secures Investment Banking Licences in Ethiopia and Rwanda,…
United Capital Plc has taken a bold step in its continental expansion strategy after securing investment banking…
Nigeria’s FX Reserves Surge Above $50bn, Reach Highest Level in 17 Years
Nigeria's foreign exchange reserves have climbed to an impressive $50.11 billion, marking the highest level…
IMF Flags Lending Rate Imbalance as Nigerian Banks React Faster to Rate Hikes Than…
The International Monetary Fund (IMF) has raised concerns over the way Nigerian banks respond to changes in…
IMF cautions Nigeria on $5bn Abu Dhabi swap deal
The International Monetary Fund (IMF) has urged Nigeria to exercise caution over its proposed $5 billion Total…
West Africa Leads Africa’s Digital Tax Revolution as Nigeria, Ghana, Benin Drive…
West African countries including Nigeria, Ghana, Benin, and Senegal are taking the lead in reshaping Africa’s tax…
United Capital Expands into East Africa with Investment Banking Licences in…
United Capital has recorded a major breakthrough in its African expansion strategy after securing investment…
United Capital Secures Landmark Investment Banking License in Ethiopia
Nigeria’s United Capital Group has made a major breakthrough in East Africa after securing approval to operate…
CBN Raises N1.46 Trillion at Treasury Bills Auction as Investor Demand Soars
The Central Bank of Nigeria (CBN) has raised N1.457 trillion at its June 3, 2026 Treasury Bills (NTB) auction, as…
IMF Warns Against Costly Subsidies as Food Inflation Rises Globally
The International Monetary Fund (IMF) has issued a strong warning to governments worldwide, advising them to avoid…
Nigeria’s capital market becomes first in Africa to adopt one-day trade settlement…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially…
12 NGX-Listed Companies Set to Pay Dividends in June 2026: Full Breakdown of…
Shareholders on the Nigerian Exchange (NGX) are in for a rewarding month as 12 listed companies have confirmed…
CBN Targets 95% Financial Inclusion by 2028 as Cardoso Unveils Digital Payments…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to achieve 95 percent financial inclusion by 2028,…
Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn…
Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the…
CBN Extends PoS Geo-Fencing Enforcement Deadline to July 31, 2026 Amid Compliance…
The Central Bank of Nigeria (CBN) has announced an extension of the enforcement deadline for its Point of Sale…
South Korea Stocks Surge to Record High as Asia Markets React to Trump’s Iran Deal…
South Korean equities climbed to a fresh record high on Monday, with the Kospi index jumping 3.68% to 8,788.38,…
Nigeria Stock Market Switches to T+1 Settlement as Investors Set for Faster Cash…
Nigeria’s capital market has entered a new era of speed as a fresh trading rule officially takes effect, cutting…
VFD Group Eyes Pan-African Expansion After ₦50.67bn Rights Issue Boost
VFD Group has announced plans to deepen its footprint across Africa as it pursues a carefully…
Foreign Investors, Banks Target Nigerian Insurance Firms as Recapitalisation…
As Nigeria’s insurance industry races against the clock to meet new capital requirements, foreign investors and…
European Markets Rise as Stocks Open Higher Despite Puig Collapse and Global Oil…
European stock markets opened Friday on a positive note, with major indices posting gains despite growing…
European Stocks Swing on Iran Nuclear Tensions as Geopolitical Fears Shake Markets
European stock markets ended Thursday on a shaky but slightly positive note as investors reacted to fresh…
SEC T+1 Settlement Cycle Nigeria: SEC Sets June 1, 2026 for Capital Market…
The Securities and Exchange Commission (Nigeria) has announced a major shift in the country’s capital market…
CBN, CIBN Push for Stronger Female Leadership in Banking as Lagos Hosts Maiden…
The conversation around female banking leadership in Africa took center stage in Lagos as the African Women in…
SEC Raises Alarm Over Rising Fake Online Investment Platforms Targeting Nigerians…
The Securities and Exchange Commission (SEC) has issued a strong warning to Nigerians over the growing spread of…