CBN Governor Cardoso Hosts British Investors to Boost Financial Sector Reforms
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Wednesday, January 28, 2026, welcomed a high-profile…
Category: Finance
Nigeria’s Tax Committee Strengthens Stakeholder Engagement for Smooth Implementation of New Tax Laws
The National Tax Policy Implementation Committee (NTPIC) has intensified efforts to ensure the effective rollout of Nigeria’s newly enacted tax…
Nigerian Stock Market Trades N17.3 Billion as Investors Record N3 Billion Weekly Gain
Investors on the Nigerian Exchange Limited (NGX) exchanged 601.65 million shares valued at N17.3 billion in 58,429 transactions on Monday,…
Selective Buying Boosts NGX by N3.45bn as NPF Microfinance and Morison Lead Market Gainers
Selective buying in a few key stocks helped lift the Nigerian Exchange Limited (NGX) slightly on Monday, despite subdued trading…
Nigerian Stock Market Loses N395bn Amid Investor Profit-Taking
The Nigerian stock market experienced its first weekly decline last week, shedding N395 billion in market value as investors intensified…
FGN Bond Auction Overshoots N900 Billion, Allots N1.54 Trillion in January 2026
The Federal Government of Nigeria (FGN) exceeded expectations at its January 2026 bond auction, allotting a total of N1.54 trillion,…
Central Bank of Kenya Plans KSh 50 Billion Bond Sale Amid Investor Interest Surge
The Central Bank of Kenya (CBK) is set to raise KSh 50 billion in February through the sale of long-term…
Ghana Treasury Bill Auction: Gov’t Raises GH¢12.83bn as 364-Day Rates Hit 13.06%
Ghana’s government successfully raised GH¢12.83 billion in its latest Treasury bill auction, surpassing expectations as investor demand for short-term government…
Nigeria’s Debt Crisis Deepens: Budget Deficit Hits N23.85 Trillion Amid Rising Borrowing
Nigeria’s public debt burden has escalated dramatically over the past decade, with the budget deficit soaring from N2.2 trillion in…
European Markets Open Week Slightly Higher Amid Geopolitical Tensions
European stocks started the week in positive territory on Monday, with the pan-European Stoxx 600 index inching up 0.1% in…
Private Sector Credit Rises to N75.8 Trillion in December 2025 as CBN Policies Begin to Bite
Private sector credit in Nigeria climbed to N75.8 trillion in December 2025, up from N74.63 trillion in November, according to…
European Markets Dip Amid Davos Tensions; Ericsson Shares Surge 11% After Q4 Beat
European markets slipped slightly on Friday, with the pan-European Stoxx 600 down 0.14% by mid-morning in London. Investors reacted to…
NGX Must End ‘Listing by Introduction’ to Boost Transparency and Investor Confidence
Nigeria’s capital market is at a crossroads as investors and experts increasingly question the practice of listing companies by introduction…
CBN MPC Divided on November Rate Cut as Inflation Shows Signs of Easing
Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) were sharply divided at their November 2025 meeting…
NGX Records N11.92 Trillion in Trades as Domestic and Foreign Investments Hit 19-Year High
The Nigerian Exchange (NGX) witnessed a historic surge in stock trading in 2025, with domestic and foreign portfolio investments hitting…
LIRS Urges Lagos Employers to Meet January 31 Tax Filing Deadline to Avoid Penalties
The Lagos State Internal Revenue Service (LIRS) has issued a stern reminder to all employers in Lagos to comply with…
Nigeria’s Insurance Assets Surge to N4.619 Trillion as Industry Shows Resilience
Nigeria’s insurance sector has reached a historic milestone, with total assets soaring to N4.619 trillion by the end of Q2…
Nedbank Eyes 66% Stake in NCBA to Expand Its East Africa Presence
South Africa’s Nedbank Group, one of Africa’s largest banks, is set to expand its footprint beyond Southern Africa with a…
Naira Mid-Week Update: Official Rate Holds at N1,423/$ While Parallel Market Hits N1,486/$
The Nigerian naira maintained relative stability at the official foreign exchange market mid-week, closing at N1,423/$ on Wednesday. This follows…
Global Investors Wary as Trump Threatens Greenland Takeover, Markets React
Global investors are treading cautiously as markets reacted to renewed geopolitical tensions sparked by US President Donald Trump’s controversial Greenland…
CBN Sells N1.15tn Treasury Bills as Investors Eye Rising Yields
The Central Bank of Nigeria (CBN) is set to auction N1.15 trillion worth of Treasury bills in its second auction…
FGN to Repay N1.03 Trillion Bond on January 22: Implications for Nigeria’s Debt and Naira
The federal government is set to repay up to N1.03 trillion in bond maturities on January 22, 2026, marking one…
FG Targets N900bn Domestic Borrowing with High-Yield Bonds in January Auction
The Federal Government of Nigeria (FG) is set to raise N900 billion from the domestic market by offering high-yield bonds,…
Bank Lending Hits 14-Month Low Amid Recapitalisation Pressures in Nigeria
Nigeria’s banking sector recorded a sharp slowdown in credit extension, with total loans dropping to N52.656 trillion in June 2025,…
IMF Urges Nigeria to Strengthen Public Finances Amid Rising Spending Pressures
The International Monetary Fund (IMF) has called on Nigeria and other governments to strengthen public finances and keep debt levels…
NEM, First HoldCo, Africa Prudential Among Top Nigerian Stocks to Watch This Week
Nigerian stocks continued their upward momentum last week, marking the third consecutive week of gains, led primarily by oil and…
SEC Strengthens Nigerian Capital Market with Tenor Limits and Capital Boost
In a recent series of decisive moves, the Securities and Exchange Commission (SEC), under the leadership of Director General Dr.…
Nigerian Stock Market Surges N2.6 Trillion as Positive Momentum Continues in 2026
The Nigerian stock market continued its strong performance in the second week of 2026, adding N2.6 trillion to its total…
Nigeria Courts Global Investors at Davos Amid Emerging Market Challenges
Nigeria is stepping onto the global stage at this year’s World Economic Forum in Davos to attract international investors, even…
Asia-Pacific Markets Dip as Investors Eye Greenland Tensions and China Economic Data
Asia-Pacific markets mostly slipped on Monday, reflecting investor caution after heightened geopolitical tensions and key economic data from China. The…