National Insurance Commission (NAICOM) has taken a decisive step toward transforming the nation’s insurance landscape with the launch of a comprehensive Implementation Strategy for the National...
Nigeria’s sovereign bonds slipped on Monday after U.S. President Donald Trump threatened military action in the country if it did not take action to protect Christians,...
The International Finance Corporation, the World Bank’s private investment arm, is expanding its local-currency lending and direct investments into companies across Africa to help projects reach...
First Bank of Nigeria Limited (FirstBank), Nigeria’s premier and leading financial inclusion services provider, has announced the launch of the Verve Flash Promo, a special initiative...
Zenith Bank Plc has unaudited financial results for the nine months ended 30 September 2025, post a remarkable 16% year-on-year growth in gross earnings from N2.9...
Access Holdings PLC (“the Group” or “the Company”) today announced its nine-month ended September 30, 2025 (“Q3 2025”) results, recording gross earnings of ₦3.9trillion, which represented...
In an all-week rally, the Nigerian local currency, the naira, appreciated sharply at the official window, settling at N1421/$ due to significant liquidity in the forex...
Nigeria’s Money Supply (M²) dropped month-on-month to about ₦118 trillion in September 2025. The Central Bank of Nigeria (CBN) disclosed this in its Money and Credit...
Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for the importation of...
The money market remains solid in terms of liquidity, which kept the short-term interest rate benchmark movement in check. Banks’ placements increased, while there was moderation...
Securities and Exchange Commission (SEC) has said that the removal of Nigeria from the Financial Action Task Force (FATF) grey list reflects the country’s clear policy...
Nigeria’s external reserves has risen to $42.862 billion as of last week. According to the Central Bank of Nigeria (CBN), the reserves could finance more than...
Nigeria’s gross external reserves climbed to $42.865 billion on Wednesday, and most projections sampled showed that the year-end balance will reach $43 billion. The foreign reserves...
Federal Government of Nigeria (FG) has borrowed a total of N6.17 trillion from the domestic debt market within the first six months of 2025, data from...
FX inflows into the Nigerian foreign exchange market fell by about 33% week on week to $1.1 billion, an update from Coronation Merchant Bank Limited revealed.The...