Central Bank of Nigeria (CBN) has approved the participation of licensed Bureau De Change (BDC) operators in the Nigerian Foreign Exchange Market (NFEM) as part of...
Investors continue to increased bet on Nigeria’s Treasury bills with inflation-protected yields on the naira assets, trading details obtained from the secondary market confirmed. Due to...
Access Bank has acknowledged its failure to acquire Bidvest as it was unable to meet the regulatory conditions and time frame. In a statement signed by...
An Economic and Financial Crimes Commission (EFCC) witness on Tuesday told a Federal High Court, Abuja Division, that commercial banks hoarded currencies during the controversial naira...
Gov. Babajide Sanwo-Olu of Lagos has called on stakeholders in the public and private sectors to sustain collaboration toward positioning the state as a global financial...
The Bank of Industry (BOI) said that it has received regulatory approval from the Central Bank of Nigeria (CBN) to operate a Non-Interest Banking (NIB) Window,...
The secondary fixed income market sustained its bullish momentum in the just-concluded week, reflecting heightened demand for the Naira assets and persistent yield swings. In the...
Central Bank of Nigeria (CBN) cut the spot rate on its one-year tenor treasury bills by 138 basis points to 16.98% at the primary market auction...
African Export-Import Bank said it has selected of the top 8 finalists of the first cohort for its pioneering Afreximbank Accelerator Program. This dynamic three-month initiative,...
First HoldCo Plc has reported its unaudited financial results for the year ended 31 December 2025, reflecting a year of deliberate strategic actions aimed at strengthening...
Naira on Friday closed the week stronger further appreciating against the U.S. dollar at the official market to trade at N1,386.55. According to data released on...
South Africa’s Standard Bank has reached financial close on a $250 million strategic financing facility for Aradel Energy Ltd, which the Nigerian oil company will partly...
The liquidity level in the financial system surged to N6.12 trillion as the Central Bank of Nigeria (CBN) rejected about N4.9 trillion subscription for its OMO...
China’s role as a leading financier to developing nations has shifted over the past decade, with new loans to poorer countries falling sharply while debt repayments...
Nigerian Interbank Offered Rate (NIBOR), the benchmark interest rate for short-term, unsecured lending, rose as the Central Bank of Nigeria (CBN) monetary auctions triggered liquidity fluctuation...