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Finance
Nigerian Banks Grow Stronger as Private Sector Credit Declines Despite Record…
Nigeria's banking sector is experiencing a remarkable paradox. While banks are stronger and better capitalized than…
FGN Bond Auction Draws N1.41 Trillion in Bids as Rising Yields Boost Investor…
The Federal Government recorded a strong outing at its June 2026 bond auction, attracting a massive N1.41 trillion…
Nigeria, Rwanda Strengthen Capital Markets Ties with New Regulatory Partnership
Nigeria and Rwanda have taken a significant step toward deeper financial integration in Africa following the…
NGX Loses N5.64 Trillion in One Week as Massive Sell-Off Hits Nigerian Equities…
The Nigerian equities market came under intense pressure last week as investors collectively lost about N5.64…
CBN Urged to Mandate Annual Financial Reporting for Fintechs and MFBs as…
Finance experts have called on the Central Bank of Nigeria (CBN) to introduce mandatory annual financial reporting…
Naira Gains as British Pound Falls to N1,825/£ Amid UK Political Uncertainty
The Nigerian naira recorded a notable gain against the British pound, trading around N1,825/£1, as uncertainty in…
Nigeria Eurobonds and Foreign Financing Strategy Evolves
Nigeria is increasingly rethinking its external borrowing strategy, even as it continues to enjoy strong…
FG Unveils Guidelines for Tax Acts 2025 Implementation, Clarifies Transition to…
The Federal Government has released comprehensive guidelines to facilitate the implementation of the Tax Acts 2025,…
Nigeria’s Foreign Reserves Surge Past $50bn, Add $1.01bn in Two Weeks Amid FX…
Nigeria’s foreign exchange reserves have crossed a major psychological milestone, rising above $50 billion after…
Nigerian Stocks Pull Back After 55% Rally as NGX Enters Healthy Consolidation…
After a powerful run that saw Nigerian equities surge more than 55% in just six months, the market has…
CBN HoldCo Rules: How a Chapel Hill White Paper May Have Inspired Nigeria’s…
The Central Bank of Nigeria’s proposed Financial Holding Company (HoldCo) regulations have triggered intense debate…
United Capital Takes Bold Step With 5% Stake in NGX Group, Strengthening Nigeria’s…
United Capital Group has strengthened its position in Nigeria’s financial sector after completing the…
CBN HoldCo Reforms May Force ₦370bn Capital Raise Across Nigeria’s Top Banks
Nigeria’s leading banking groups may soon be compelled to raise about ₦370 billion in fresh capital…
IMF Urges Nigeria to Tax Fuel and Telecom Services to Boost Revenue
Nigeria may soon face renewed debates over taxation after the International Monetary Fund (IMF) recommended the…
Nigeria’s Banking Profit Boom Fades as Earnings Drop, While African Rivals Surge…
Nigeria's banking sector, once celebrated as one of Africa's strongest profit engines, is entering a new phase…
CBN Proposes Stricter Banking Rules with New Ring-Fencing Guidelines for Financial…
The Central Bank of Nigeria (CBN) has introduced draft guidelines aimed at tightening oversight of banks and other…
FG Raises N4.68 Billion Through June Savings Bond as Investors Seek Safer Returns
The Federal Government of Nigeria has raised N4.678 billion through its June 2026 Savings Bond issuance,…
United Capital Secures Investment Banking Licences in Ethiopia and Rwanda,…
United Capital Plc has taken a bold step in its continental expansion strategy after securing investment banking…
Nigeria’s FX Reserves Surge Above $50bn, Reach Highest Level in 17 Years
Nigeria's foreign exchange reserves have climbed to an impressive $50.11 billion, marking the highest level…
IMF Flags Lending Rate Imbalance as Nigerian Banks React Faster to Rate Hikes Than…
The International Monetary Fund (IMF) has raised concerns over the way Nigerian banks respond to changes in…
IMF cautions Nigeria on $5bn Abu Dhabi swap deal
The International Monetary Fund (IMF) has urged Nigeria to exercise caution over its proposed $5 billion Total…
West Africa Leads Africa’s Digital Tax Revolution as Nigeria, Ghana, Benin Drive…
West African countries including Nigeria, Ghana, Benin, and Senegal are taking the lead in reshaping Africa’s tax…
United Capital Expands into East Africa with Investment Banking Licences in…
United Capital has recorded a major breakthrough in its African expansion strategy after securing investment…
United Capital Secures Landmark Investment Banking License in Ethiopia
Nigeria’s United Capital Group has made a major breakthrough in East Africa after securing approval to operate…
CBN Raises N1.46 Trillion at Treasury Bills Auction as Investor Demand Soars
The Central Bank of Nigeria (CBN) has raised N1.457 trillion at its June 3, 2026 Treasury Bills (NTB) auction, as…
IMF Warns Against Costly Subsidies as Food Inflation Rises Globally
The International Monetary Fund (IMF) has issued a strong warning to governments worldwide, advising them to avoid…
Nigeria’s capital market becomes first in Africa to adopt one-day trade settlement…
Nigeria has achieved a major milestone in its financial sector as the Nigerian Exchange (NGX) officially…
12 NGX-Listed Companies Set to Pay Dividends in June 2026: Full Breakdown of…
Shareholders on the Nigerian Exchange (NGX) are in for a rewarding month as 12 listed companies have confirmed…
CBN Targets 95% Financial Inclusion by 2028 as Cardoso Unveils Digital Payments…
The Central Bank of Nigeria (CBN) has unveiled an ambitious plan to achieve 95 percent financial inclusion by 2028,…
Nigeria External Reserves Hit $49.26bn as Naira Gains Stability Near $50bn…
Nigeria’s external reserves have climbed to $49.26 billion, marking a four-month high and edging closer to the…