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Finance
UBA GMD Advocates New Financing Model to Boost Africa’s Competitiveness
The Group Managing Director of United Bank for Africa (UBA) Plc, Oliver Alawuba, has urged the adoption of a new…
European Markets Rise on US Government Spending Hope and Strong Corporate Earnings
European markets rose broadly on Wednesday, extending gains seen earlier this week amid optimism that the U.S.…
Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on…
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a…
Dollar Inflows Into Nigeria Jump 62% in October, Boosting Investor Confidence
Nigeria’s foreign exchange market recorded a major rebound in October as total dollar inflows into Nigeria climbed…
Biased Credit Ratings Cost Africa $75 Billion Annually, Experts Warn
Experts have sounded the alarm over the economic toll of biased credit ratings in Africa, revealing that the…
European Markets Struggle for Direction as Earnings Season and Rate Decisions Take…
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate…
Nigerian Eurobond oversubscribed by 400% despite Trump’s threat
The Eurobond issued yesterday was oversubscribed four times, signaling deep investor confidence despite lingering…
Nigeria’s $2.25bn Eurobond Oversubscribed Amid Strong Investor Confidence
Nigeria has successfully returned to the international capital market with a $2.25 billion Eurobond issuance,…
Naira Recovers Value Amid Renewed Market Confidence in Nigeria
Nigeria’s naira regained ground on Tuesday after a temporary slump on Monday, signaling renewed confidence in the…
Tinubu Seeks ₦1.15 Trillion Loan to Bridge 2025 Budget Deficit
President Bola Ahmed Tinubu has requested Senate approval to secure a ₦1.15 trillion loan from the domestic market…
Nigeria’s New $11.50 Travel Tax Sparks Outcry Among Airlines and Passengers
The Nigeria Civil Aviation Authority (NCAA) has announced a new $11.50 levy on all international air tickets, set…
Naira and Nigerian Stocks Slide After Trump Threat of Military Action
Nigeria’s financial markets opened November 2025 under pressure as the naira and equities fell sharply following…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake…
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion…
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s…
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has…
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi…
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for…
Sustainable Finance Redefines Investment Landscape, Says SEC DG Emomotimi Agama
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized that the…
OTC Crypto Trading: Africa’s Hidden Backbone for Digital Finance and Cross-Border…
Over-the-counter (OTC) cryptocurrency trading is quietly emerging as the unseen engine of Africa’s digital…
West African Development Bank Secures Record €1 Billion 15-Year Bond to Boost…
In a landmark move for Africa’s financial markets, the West African Development Bank (BOAD) has successfully issued…
African Development Bank and Partners Launch Innovative $70 Billion Infrastructure…
Nigeria is spearheading a groundbreaking financing model aimed at unlocking billions of dollars for infrastructure…
IMF Backs Nigeria’s Reform Drive, Predicts Major Fiscal Breakthrough by 2025
Nigeria is edging closer to a long-awaited fiscal transformation as the International Monetary Fund (IMF)…
SEC adopts faster settlement cycle for market efficiency
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement…
Nigeria Bond Market Rally: Yields Drop to 18.38% Amid Strong Investor Demand
Nigeria’s bond market maintained its bullish momentum last week as investor appetite for government securities…
Cardoso to lead Nigeria’s team to IMF/World Bank meeting – Presidency
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, will head Nigeria’s delegation to the 2025…
IMF Set to Approve Staff-Level Agreement with Ghana After Fifth Programme Review
The International Monetary Fund (IMF) is set to reach a staff-level agreement with Ghana today, October 10, 2025,…
CBN Launches Payments System Vision 2028, Urges Nigerians and Diaspora to Embrace…
The Central Bank of Nigeria (CBN) has called on Nigerians at home and in the diaspora to embrace the newly…
World Bank: Nigeria’s FIRS Revenue Allocation at 4% Exceeds Peers, Strains Public…
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension…
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs)…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September…
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion — SEC Highlights…
Nigeria’s non-interest capital market has reached a major milestone, hitting a valuation of ₦1.6 trillion,…
Nigeria Set to Receive $500 Million AfDB Loan by Year-End to Support Economic…
Nigeria is expected to receive a fresh $500 million loan from the African Development Bank (AfDB) before the end…