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Finance
Naira Strengthens to N1,355 per Dollar as Nigeria’s Forex Market Shows Signs of…
The Nigerian naira continued its upward trend on Monday, appreciating to N1,355 per U.S. dollar at the official…
AfDB Grants $5.52M to Boost Tax Systems in Nigeria and West Africa
The African Development Bank (AfDB) has approved a $5.52 million grant to strengthen tax systems in Nigeria and…
Nigerian Exchange Market Capitalisation Hits N127.36 Trillion on Weekly Gains
The Nigerian Exchange market capitalisation soared to N127.36 trillion as the week ended on a strong note,…
SEC Includes GoldBod in Ghana’s Virtual Asset Regulatory Sandbox to Pilot…
The Securities and Exchange Commission (SEC) of Ghana has clarified the inclusion of the Ghana Gold Board (GoldBod)…
Investor Appetite Soars as Nigeria’s February Bond Auction Records 92%…
Nigeria’s February bond auction drew robust investor interest, as the Debt Management Office (DMO) issued N800…
Nigeria Spent $5.2bn Servicing External Debt in 2025 – CBN Data Reveals Rising…
Nigeria spent about $5.21bn servicing external debt in 2025, according to data released by the Central Bank of…
SEC Calls for Stronger Women Participation in Nigeria’s Capital Market
The Securities and Exchange Commission (SEC) has called for stronger participation of women in Nigeria’s capital…
Oil Stocks Surge 9.43% as Naira Trades at Discount in Parallel Market
The oil and gas sector emerged as the top performer on the Nigerian Exchange Limited (NGX) last week, posting a…
Kenya’s Pension Assets Surge to KSh 2.81 Trillion in 2025 Amid Strong…
Kenya’s retirement benefits sector recorded a remarkable growth in 2025, with total pension assets hitting KSh 2.81…
Nigerian Stock Market Valuation Hits N126 Trillion as Investors Trade N177 Billion…
The Nigerian stock market continued its upward momentum this week, with the total market capitalisation climbing to…
NTB Auction Sees N2.34 Trillion Demand as Investors Eye Higher Yields
Investors poured N2.34 trillion in bids at the latest Nigerian Treasury Bills (NTB) auction, more than double the…
U.S. Dollar Surges Amid Middle East Tensions: Poised for Biggest Weekly Gain in a…
The U.S. dollar held steady in early Asian trading on Friday, buoyed by escalating tensions in the Middle East that…
CBN Treasury Bill Auction Sees N2.34 Trillion in Bids, One-Year Bill Leads…
The Central Bank of Nigeria (CBN) recorded strong investor interest at its Treasury Bill Primary Market Auction…
Nigeria’s Net Reserves Soar to $34.8 Billion in Two Years, Boosting Economic…
Nigeria’s net external reserves have skyrocketed by 772 percent over the past two years, reaching $34.8 billion at…
VAT Hits Record N1tn as New Sharing Formula Boosts States’ Revenue in 2026
Nigeria’s Value Added Tax (VAT) revenue surged to a record N1.08 trillion in January 2026, marking the first full…
Crude-Backed Loans Tie Up N8.36tn of Nigeria’s 2025 Oil Revenue
Nigeria’s crude oil production in 2025 saw nearly 15% of output effectively pre-committed to servicing crude-backed…
Capsa Technology Named Top-8 Finalist in Afreximbank AfCFTA Accelerator Programme
A leading digital marketplace company, Capsa Technology, has been named a top-8 finalist in the Afreximbank…
Temi Popoola Urges Collaborative Efforts to Boost Sustainable Capital in Emerging…
Temi Popoola, Group Managing Director and Chief Executive Officer of the Nigerian Exchange Group, has emphasized…
Europe Stocks Poised for Positive Start Amid U.S. Tariff Concerns
European markets are set to open broadly positive on Tuesday as investors digest the impact of the latest U.S.…
CBN Drives Cross-Border Payment Reforms to Boost Nigerian MSMEs
The Central Bank of Nigeria (CBN) is spearheading reforms in cross-border digital payments to drive growth and…
Mutual Benefits Pays N5.94bn in January Claims, Reinforcing Trust and Financial…
Mutual Benefits Insurance Plc has made a remarkable start to 2026, paying a total of N5.94bn in claims to its…
Nigeria Allocates 5% of GDP to Industrial Financing in Bold Move to Boost…
The Federal Government of Nigeria has unveiled plans to allocate up to 5% of the nation’s Gross Domestic Product…
Bitcoin Price Drop to $64,000 as US Tariff Uncertainty Shakes Crypto Markets
Bitcoin fell sharply in early Asian trading on Monday, sliding toward $64,000 as uncertainty over United States…
CBN Pushes for Safer Digital Cross-Border Payments to Boost Financial Inclusion
The Central Bank of Nigeria (CBN) has emphasized the transformative potential of digital cross-border payments…
NGX: Commercial paper debuts with Dangote Cement’s N119.87bn issuance
Nigeria’s capital market reached a new milestone as Dangote Cement Plc launched its first Commercial Paper (CP)…
CBN Governor Urges Banks to Drive Africa’s Industrialisation and Green Finance
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has called on banks and development finance…
FG Asset Sales in 2026: Revenue Generation Overshadows Efficiency, Analysts Warn
Analysts have raised concerns over the Federal Government’s (FG) plan to sell selected state-owned assets and…
Data Privacy Concerns Threaten Nigeria’s Financial Inclusion Drive
Growing concerns about data privacy in Nigeria’s financial inclusion efforts are emerging as a major obstacle to…
FGN Savings Bond Records N5.9bn in February 2026 Subscriptions, Three-Year Tenor…
The Federal Government of Nigeria (FGN) has successfully raised N5.913 billion from retail investors through its…
Nigerian Breweries Posts N1.467 Trillion Revenue in 2025, Signals Strong Recovery
Nigerian Breweries Plc has reported a remarkable turnaround, posting revenue of N1.467 trillion for the financial…