Nigeria
Nigeria: CBN announces phased restructuring of fixed income market to enhance transparency and oversight
The Central Bank of Nigeria (CBN) has unveiled plans for a phased restructuring of the Nigerian Fixed Income Market, in a move aimed ...
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Nigeria Spends $2.86bn on Debt Servicing in Eight Months – CBN
Nigeria expended $2.86 billion on external debt servicing between January and August 2025, representing 69.1% of total foreign payments of $4.14 billion, according ...
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Nigerian Banks Deepen Digital Push with N126.8bn IT Investment in H1 2025
Nigeria’s top lenders have stepped up their digital transformation drive, channeling a combined N126.8 billion into information technology (IT) in the first half ...
Nigeria
Nigeria Achieves Global Milestone with Tax-ID Registration and Peppol Integration
Nigeria has reached a landmark achievement in its digital trade and tax administration journey with the global registration of its Tax Identification Number ...
Nigeria
Nigeria’s Pension Fund Assets Surpass ₦25tn Milestone Amid Regulatory Reforms
Nigeria’s pension industry has crossed a major milestone, with total pension fund assets rising above ₦25 trillion for the first time. According to ...
Nigeria
Nigeria: FG Bond Auction Draws Over N1.26tn in Subscriptions, Underscoring Investor Confidence
The Federal Government of Nigeria (FGN) has recorded overwhelming investor interest in its September bond auction, with subscriptions topping N1.26tn, more than six ...
Nigeria
Nigeria: Sterling HoldCo’s Public Offer Gains Momentum Amid Attractive Pricing
Sterling Financial Holdings Company Plc (Sterling HoldCo) has recorded strong investor interest following the launch of its public offer, reflecting renewed confidence in ...
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Nigeria: Investor Confidence Fuels NGX Market Gains of N178bn
The Nigerian Exchange (NGX) ended September on a strong footing, buoyed by renewed investor confidence that added N178.99bn to market value. Market capitalisation ...
Nigeria
Nigeria: CBN Tightens Liquidity Rules with 75% CRR on Non-TSA Deposits
Nigerian banks, particularly those reliant on government deposits, face new funding pressures following the Central Bank of Nigeria’s (CBN) introduction of a 75% ...
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Nigeria: MTN Nigeria’s Dabengwa Data Centre Secures Tier III Constructed Facility Certification
MTN Nigeria has achieved the Tier III Certification for Constructed Facility (TCCF) from the Uptime Institute for its Dabengwa Data Centre, reinforcing its ...