Thursday, October 22, 2026
CBN in market deepening move with Non-Interest Asset-Backed Securities
By Charles Abuede Issues framework Says asset a tradable instrument on single exchange rate The Central Bank of Nigeria...
Read moreDetailsNDIC to pay insured sums to depositors of 42 failed MfBs, begins verification
By Zainab Iwayemi The Nigeria Deposit Insurance Corporation (NDIC) said it has begun the process of closure and payment...
Read moreDetailsUnion Bank gets new CEO, Okonkwo, as Emuwa retires after 8 years
By Charles Abuede After eight years leading one of Nigeria’s truly old generation banks, Union Bank, Emeka Emuwa, will...
Read moreDetailsCBN says IMTOs flouting regulation on remittances, issues additional guidelines
By Charles Abuede The Central Bank of Nigeria (CBN) has expressed discomfort at the practices of major market participants...
Read moreDetailsOnline transactions bite chunk as Nigeria’s e-payments rise to N320trn in Q3 ’20
By Zainab Iwayemi A total of 2.8 billion transactions with a monetary value of N320 trillion were carried out...
Read moreDetailsNigeria’s deficit, debt to remain high post-Covid-19, oil shocks, says Moody’s
By Charles Abuede Rates credit profile B2 negative Economy severely hit by Covid-19, oil price shocks Nigeria’s credit profile,...
Read moreDetailsWood Mackenzie says Nigeria’s PIB has ‘scaled new heights of fiscal complexity’
…as NNPC presents first budget in 43 years Wood Mackenzie says Nigeria’s soon-to-be passed Petroleum Industry Bill (PIB), a...
Read moreDetailsNBS reports 6% Nigeria banking sector loan growth to N19.87trn in Q3’20
By Charles Abuede Report points that growth in loans from banks not expected until economic activities pick up significantly ...
Read moreDetailsNigeria’s capital import tumbles down 74.03% y/y to $1.46bn in Q3’20
By Charles Abuede But up 12.86% from $1.29bn in Q2’20 Nigeria, Africa’s largest economy, saw its capital importation...
Read moreDetailsDomestic equities: Investors take guarded stance on equities over uncertainties from CBN’s special bills
By Charles Abuede The equities market bucked its two-week bullish trend, pressured by worries concerning the Central Bank of...
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