Nigerian Equities Market Gains N1.698 Trillion as Investors Flock to Blue-Chip Stocks
The Nigerian equities market maintained its positive streak yesterday, recording a remarkable N1.698 trillion gain as portfolio managers and income-focused…
Category: Finance
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 while cautioning that weak regulation…
CBN Warns Digital Payment Growth Could Spark Currency Substitution and FX Volatility
The Central Bank of Nigeria (CBN) has raised alarms over the rapid expansion of digital payments, warning that without careful…
FMDQ Exchange Records N676.7 Trillion Turnover in 2025, Signals Strong Market Growth
Nigeria’s fixed income and foreign exchange market achieved a landmark turnover of N676.71 trillion on the FMDQ Exchange in 2025,…
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) issuance on the…
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 institutions across Africa…
Ghana Government Pays GH¢10 Billion Interest Under Domestic Debt Exchange Programme (DDEP)
The Government of Ghana has successfully settled GH¢10 billion in interest obligations under the Domestic Debt Exchange Programme (DDEP), marking…
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 enterprises to private investors…
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 continue to pay disproportionately…
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 bringing millions into…
FGN Savings Bond Records N5.9bn in February 2026 Subscriptions, Three-Year Tenor Leads Demand
The Federal Government of Nigeria (FGN) has successfully raised N5.913 billion from retail investors through its February 2026 Savings Bond…
Nigerian Stock Market Surges N6.79 Trillion as PenCom Raises Pension Fund Equity Limits
The Nigerian stock market recorded a remarkable gain of N6.79 trillion in its week-on-week performance, driven by the National Pension…
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 finalizing compliance with…
Tinubu Urges Creation of Africa’s Own Credit Rating Agency to Reduce Borrowing Costs
In a Financial Times Op-Ed on Monday, President Bola Tinubu called for the creation of an Africa-owned credit rating agency…
Nigeria’s Inflation Drops to 15% as Naira Stability Strengthens Investor Confidence
Nigeria’s inflation rate plunged to 15.10% in January 2026, marking a significant improvement from 27.61% in January 2024. Analysts credit…
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 year ending December 2025.…
Swiss Private Bank Banque Pictet Expands into Africa Amid Booming Millionaire Population
Swiss private banking giant Banque Pictet has officially entered Africa, opening its first office in South Africa in a move…
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 Conference, highlighting both opportunities…
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 Agency (NOA) to educate Nigerians…
Banks Rush to Complete Mergers and Acquisitions Ahead of CBN March 31 Recapitalisation Deadline
Nigeria’s banking sector is entering a high-stakes phase as the Central Bank of Nigeria’s (CBN) March 31 recapitalisation deadline looms.…
Nigeria’s Capital Importation Hits Six-Year High of $16.7bn in First Nine Months of 2025
Nigeria’s capital importation surged to a six-year high, attracting a total of $16.7 billion in the first nine months of…
Pension Reforms Spark NGX Rally as Market Gains N6.79tn in Historic 6.16% Surge
Nigeria’s stock market delivered one of its strongest weekly performances in recent memory after sweeping pension reforms triggered a wave…
CBN Imposes Up to N10 Million Fines for Cheque Security Violations in Nigeria Focus Keyphrase:
The Central Bank of Nigeria (CBN) has announced a major overhaul of penalties for banks and cheque printers that breach…
Naira Strengthens to N1,430/$ at Parallel Market as CBN Boosts Liquidity
The naira strengthened to trade between N1,425 and N1,430 per dollar at Nigeria’s parallel market following the Central Bank of…
Lagos State Secures AA-(NG) Rating on ₦230 Billion Bond Issue to Boost Infrastructure
Lagos State has successfully secured an AA-(NG) national scale rating with a stable outlook from Global Credit Rating (GCR) for…
CBN Imposes N10 Million Fine on Banks Using Unaccredited Cheque Printers
The Central Bank of Nigeria (CBN) has taken a firm stand on cheque security by imposing a N10 million fine…
NBET Budget Release 2025 Falls Far Short: Only N60 Million Released from N858 Billion Allocation
The Nigerian Bulk Electricity Trading (NBET) Plc has revealed that only N60 million was released from its N858 billion capital…
BOI Disburses N636bn in 2025, Tinubu Says Reforms Driving Nigeria’s Economic Growth
President Bola Ahmed Tinubu has praised the Bank of Industry (BOI) for achieving a historic N636 billion in loan disbursements…
Asia Markets Slide as AI Fears Shake Global Stocks
Asian stock markets fell on Friday, tracking losses in the U.S. as investor anxiety over artificial intelligence (AI) disruptions intensified.…