Nigeria
Nigeria: SEC Reinforces Commitment to Fraud-Free Market in 2025
The Securities and Exchange Commission (SEC) has renewed its commitment to eradicating Ponzi and pyramid schemes in Nigeria. In 2025, the SEC aims ...
News
Nigeria: IMTO Inflows Surge by 63.7% in Nine Months – CBN
The Central Bank of Nigeria (CBN) has reported a 63.7% rise in inflows from International Money Transfer Operators (IMTOs) during the first nine ...
Nigeria
Nigeria: CBN, SEC Approve GTCO’s N209bn Equity Capital Raise
Guaranty Trust Holding Company Plc (GTCO) has obtained approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) ...
Nigeria
Nigeria: Banks’ Credits to Private Sector Surge to N76 Trillion
Credit to the Private Sector (CPS) experienced a significant 27.3% year-on-year increase, reaching N75.96 trillion in November, as revealed by the Central Bank ...
News
Nigeria: Interbank Rates Rise as Funding Pressures Weigh on Liquidity
Interbank rates surged last week as funding pressures tightened liquidity across the financial system. Despite inflows from signature bonuses, Remita payments, and government ...
Innovation
Nigeria: NGX Unveils Equity-Based Commodity Index to Enhance Market Tracking
The Nigerian Exchange Limited (NGX) has launched an innovative Equity-Based Commodity Index aimed at tracking the performance of companies operating within key ...
Nigeria
Nigeria: CBN Facilitates Refunds of ₦7.05 Billion and $714,569 to Bank Customers in Eight Months
The Central Bank of Nigeria (CBN) has facilitated the refund of ₦7.05 billion and $714,569.03 to bank customers within eight months, resolving ...
News
Nigeria’s Money Supply Reaches ₦108.96 Trillion Amid Rising Government Borrowing
The Central Bank of Nigeria (CBN) has disclosed a remarkable 51% year-on-year (YoY) increase in Nigeria’s Broad Money Supply (M2), which surged to ...
Nigeria
Nigeria:Equities Investors Gain N248bn as Insurance Stocks Drive Market Rally
The Nigerian Exchange (NGX) witnessed a significant boost in equities market capitalization on Friday, with an increase of approximately N248 billion. This growth ...
Nigeria
Nigeria: CBN Strengthens Nigerian Naira With $37 Million FX Market Intervention
The Central Bank of Nigeria (CBN) has injected an additional $37 million into the foreign exchange (FX) market, purchasing the equivalent amount in ...