High Interest Rates Suppress Corporate Bond Issuance in Nigeria, Pension Fund Investments Dip
Nigeria’s soaring interest rates are taking a toll on corporate bond issuance, with pension fund investments in corporate debt declining…
Category: Finance
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…
Nigeria Sees $50 Billion in Cryptocurrency Transactions as Traditional Market Struggles – SEC Reports
Nigeria processed over $50 billion in cryptocurrency transactions between July 2023 and June 2024, highlighting the growing sophistication and risk…
Africa Prudential Reports 53% Profit Surge in Nine Months, Boosted by Core Registrar Growth
Africa Prudential Plc, a leading provider of share registration services and capital market solutions, has recorded a remarkable 53% increase…
SEC Boss Agama Decries $5.5m Daily Gambling Spend as Nigerians Shun Capital Market
Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has expressed deep concern over Nigerians’ preference for gambling…
Nigeria Exits FATF Grey List: CBN Pledges to Deepen Financial Reforms and Boost Investor Confidence
The Central Bank of Nigeria (CBN) has pledged to strengthen ongoing financial reforms after Nigeria’s successful removal from the Financial…
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…
FG’s $2.35bn External Borrowing Plan: DMO Explains Eurobond Strategy to Boost Naira, Refinance Debt
The Federal Government’s proposed $2.35 billion external borrowing plan is a carefully balanced strategy aimed at financing the 2025 national…
IMF Urges Nigeria and Sub-Saharan Africa to Embrace Blended Finance, Tax Reforms to Boost Sustainable Growth
The International Monetary Fund (IMF) has issued a stark warning to Nigeria and other Sub-Saharan African countries, urging urgent reforms…
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,…
SEC Urges Nigerian Stockbrokers to Strengthen Ethics and Embrace Digital Innovation for Market Integrity
The Securities and Exchange Commission (SEC) has urged Nigerian stockbrokers to uphold the highest standards of professionalism and ethical conduct…
Nigeria’s External Reserves Surge to $43.4bn as CBN Pledges Continued Economic Reforms
Nigeria’s external reserves have reached a five-year high of $43.4 billion, signaling a major boost in the country’s financial stability.…
Nigeria Turns to Locally-Mined Gold to Boost Foreign Reserves and Strengthen Economy
The Federal Government of Nigeria has unveiled a strategic initiative to strengthen the country’s foreign reserves by purchasing locally-mined gold,…
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,…
SEC, NUC Partner to Boost Financial Literacy in Nigerian Universities — Aiming to Build a Trillion-Dollar Economy
The Securities and Exchange Commission (SEC) has entered into a landmark partnership with the National Universities Commission (NUC) to enhance…
Hidden Bank Charges Quietly Drain Nigerians’ Savings, Erode Trust in Digital Finance
Over the last decade, the rise of digital banking and fintech platforms has transformed how Nigerians manage their money, offering…
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…
Banking Expert Supports BoG’s $1.15 Billion Forex Intervention to Stabilize Cedi-GHANA
Ghana’s local currency, the cedi, is set to receive a timely boost as the Bank of Ghana (BoG) injects $1.15…
Asian Stocks Slide Amid Japan Political Uncertainty and China Rare-Earths Controls
Asian stocks stumbled on Friday as investor confidence wavered amid political uncertainty in Japan and rising economic tensions between 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…
Nigeria Police Force Pensions Tops PFA Performance in September 2025 as Pension Industry Records Solid Gains
Nigeria’s pension industry saw a notable rebound in September 2025, as Pension Fund Administrators (PFAs) delivered impressive returns across all…
Naira Gains Momentum: CBN Policies, Fintech Growth, and Oil Output Drive September Surge
September 2025 marked a remarkable rebound for the Nigerian Naira, with the currency showing its strongest performance in recent months.…
Nigeria’s Debt-to-GDP Projected to Fall to 39.8% in 2025 Amid Strong Growth and Naira Stability
For the first time in more than a decade, Nigeria’s debt burden is expected to ease significantly as the country’s…
Nigeria’s Non-Interest Capital Market Surges to ₦1.6 Trillion — SEC Highlights Investor Confidence in Ethical Finance
Nigeria’s non-interest capital market has reached a major milestone, hitting a valuation of ₦1.6 trillion, according to the Securities and…