Arab Coordination Group and the African Development Bank Group have launched a new phase of their partnership aimed at scaling co-financing, mobilising private capital, and accelerating...
Last week, the Naira appreciated, strengthening to a mid-week high of N1,418.26/US$ in the NAFEM market before easing to N1,423.17/$ at the close of the week,...
The average benchmark yield on Nigerian Treasury bills rose by 50 basis points to 18.17% in the secondary market as fixed-income market investors took profit on...
The Nigeria Deposit Insurance Corporation has declared a second liquidation dividend of N24.3 billion for depositors of the defunct Heritage Bank Ltd., following continued recovery...
The Central Bank of Nigeria (CBN) opened N1.15 trillion worth of Nigerian Treasury bills for investors’ subscription on Wednesday. The primary market action surfaced 24 hours...
Universal Insurance Plc has outlined plans to focus on digital innovation, product expansion and stronger partnerships in 2026 as part of efforts to enhance its revenue...
Ecobank Nigeria Ltd has completed the early repayment of more than 80 per cent of its $300 million eurobond ahead of its February 2026 maturity. The...
First HoldCo Plc has said that its commercial banking subsidiary, First Bank of Nigeria, has successfully met the Central Bank of Nigeria’s minimum capital requirement of...
The Central Bank of Nigeria (CBN) has said that investors sentiments in the capital market is waning from a higher concentration risk in the ongoing banking...
Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave’s long-term commitment to building...
The sum of N15.2 trillion was realized by Central Bank of Nigeria from the bi-weekly sales of Treasury Bills via primary market auctions conducted in 2025...
Nigeria’s broad money supply (M3) surged to N122.95 trillion in November 2025 from N119.04 trillion in October, signalling a continued expansion in system liquidity despite the Central Bank...
Banks have informed customers that with effect from January 1, 2026, yesterday that interest on foreign currency deposit deposits will now attract a 10% withholding tax....
Central Bank of Egypt (CBE) and African Export – Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) for the establishment of a pan African...
Central Bank of Nigeria in 2025 maintained risk premium on Treasury bills amidst disinflation, and stability of the local currency that signals a possible plan to...