Nigeria’s Currency Reforms Drive Surge in Foreign Investment
Nigeria’s bold currency reforms are paying off, sparking renewed interest from foreign investors after years of economic uncertainty. The Central…
Category: Finance
MOFI Lists N1 Trillion MREIF on NGX to Boost Affordable Housing in Nigeria
Nigeria’s Ministry of Finance Incorporated (MOFI) has officially listed its N1 trillion Series 2 MOFI Real Estate Investment Fund (MREIF)…
Nigerian Equities Market Rebounds, Investors Gain N2.59 Trillion
The Nigerian equities market staged a strong recovery on Wednesday, delivering a welcome relief to investors following a steep market…
Edun Reassures Stockbrokers on Balanced Capital Gains Tax Implementation in Nigeria
The Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, has reassured stockbrokers and investors that the…
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. government shutdown may…
Nigerian Stocks Fall as Profit-Taking Wipes Out ₦471.99bn — NGX Opens Week on Bearish Note
The Nigerian stock market opened the week on a bearish note, with the Nigerian Exchange Limited (NGX) recording a ₦471.99bn…
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 by 62.2 percent…
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 continent loses…
European Markets Struggle for Direction as Earnings Season and Rate Decisions Take Center Stage
European stock markets opened cautiously on Thursday, with investors treading carefully amid a wave of corporate earnings and upcoming central…
Nigerian Eurobond oversubscribed by 400% despite Trump’s threat
The Eurobond issued yesterday was oversubscribed four times, signaling deep investor confidence despite lingering geopolitical tension from Trump’s threat. The…
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, drawing overwhelming investor demand despite…
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 country’s economic stability.…
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 to finance…
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 to take…
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 remarks by US President…
Nigerians Lose N316bn to Ponzi Schemes, SEC Warns Against Greed and Fake Investment Platforms
The Securities and Exchange Commission (SEC) has disclosed that Nigerians have collectively lost about ₦316 billion to Ponzi schemes and…
Economists Urge CBN to Introduce ₦10,000 and ₦20,000 Notes to Restore Naira’s Value
Nigeria’s weakening currency may soon require a major policy rethink, as a new report by Quartus Economics has urged the…
FATF Delisting to Boost Foreign Investments in Nigeria, Says SEC DG Emomotimi Agama
Nigeria’s removal from the Financial Action Task Force (FATF) grey list has been hailed as a major milestone for the…
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 global shift toward sustainable…
OTC Crypto Trading: Africa’s Hidden Backbone for Digital Finance and Cross-Border Payments
Over-the-counter (OTC) cryptocurrency trading is quietly emerging as the unseen engine of Africa’s digital financial ecosystem, according to a new…
West African Development Bank Secures Record €1 Billion 15-Year Bond to Boost Regional Growth
In a landmark move for Africa’s financial markets, the West African Development Bank (BOAD) has successfully issued a €1 billion…
African Development Bank and Partners Launch Innovative $70 Billion Infrastructure Funding Model Across Africa
Nigeria is spearheading a groundbreaking financing model aimed at unlocking billions of dollars for infrastructure projects across Africa. The initiative,…
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) expressed strong confidence in the…
SEC adopts faster settlement cycle for market efficiency
The Securities and Exchange Commission (SEC) has announced plans to shorten Nigeria’s capital market settlement cycle from T+3 to T+2,…
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 surged, driving average yields down…
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 Annual Meetings…
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, following the…
CBN Launches Payments System Vision 2028, Urges Nigerians and Diaspora to Embrace Digital Financial Inclusion
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 Finances
Nigeria’s current revenue-sharing system, which allocates 4% of both oil and non-oil revenues (excluding royalties) to the Federal Inland Revenue…