Browsing Category
Finance
Fiscal Reforms Drive Nigerian Capital Market Beyond N125 Trillion – Oyedele
Nigeria’s capital market has surged past N125 trillion, a milestone attributed to ongoing fiscal reforms aimed at…
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…
Nigerian Equities Market Gains N1.698 Trillion as Investors Flock to Blue-Chip…
The Nigerian equities market maintained its positive streak yesterday, recording a remarkable N1.698 trillion gain…
Kospi Soars to Record High Amid Chip and Defense Stock Rally
South Korea’s Kospi index surged to a fresh record high for the second consecutive day on Friday, fueled by strong…
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…
CBN Warns Digital Payment Growth Could Spark Currency Substitution and FX…
The Central Bank of Nigeria (CBN) has raised alarms over the rapid expansion of digital payments, warning that…
FMDQ Exchange Records N676.7 Trillion Turnover in 2025, Signals Strong Market…
Nigeria’s fixed income and foreign exchange market achieved a landmark turnover of N676.71 trillion on the FMDQ…
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…
Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange…
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt…
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…
Tinubu Advocates for Fairer African Financial System to End High Borrowing Costs
President Bola Tinubu has called for a more equitable global financial system, highlighting that African countries…
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 Stock Market Surges N6.79 Trillion as PenCom Raises Pension Fund Equity…
The Nigerian stock market recorded a remarkable gain of N6.79 trillion in its week-on-week performance, driven by…
Universal Insurance Deposits N1.5bn with CBN to Meet Recapitalisation Requirement
As the deadline for insurance companies to meet the new minimum capital requirements approaches, several firms are…
Tinubu Urges Creation of Africa’s Own Credit Rating Agency to Reduce Borrowing…
In a Financial Times Op-Ed on Monday, President Bola Tinubu called for the creation of an Africa-owned credit…
Nigeria’s Inflation Drops to 15% as Naira Stability Strengthens Investor…
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in…
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…
Swiss Private Bank Banque Pictet Expands into Africa Amid Booming Millionaire…
Swiss private banking giant Banque Pictet has officially entered Africa, opening its first office in South Africa…
European Markets Edge Higher Amid Munich Security Conference Talks
European markets opened slightly higher on Monday as investors digested key insights from the Munich Security…
SEC Partners with NOA to Combat Illegal Investment Schemes in Nigeria
The Securities and Exchange Commission (SEC) has announced a strategic partnership with the National Orientation…
Banks Rush to Complete Mergers and Acquisitions Ahead of CBN March 31…
Nigeria’s banking sector is entering a high-stakes phase as the Central Bank of Nigeria’s (CBN) March 31…
Nigeria’s Capital Importation Hits Six-Year High of $16.7bn in First Nine Months…
Nigeria’s capital importation surged to a six-year high, attracting a total of $16.7 billion in the first nine…
Pension Reforms Spark NGX Rally as Market Gains N6.79tn in Historic 6.16% Surge
Nigeria’s stock market delivered one of its strongest weekly performances in recent memory after sweeping pension…
CBN Imposes Up to N10 Million Fines for Cheque Security Violations in Nigeria…
The Central Bank of Nigeria (CBN) has announced a major overhaul of penalties for banks and cheque printers that…