FG to concession major national projects to repay loans – Finance minister
The Federal Government says it is moving toward a self-financing infrastructure model that will see major national projects like ports,...
Cash outside banks drops for the second time in 2025 amid CBN rate hold
Currency held outside Nigeria’s banking system declined for the second time in 2025, falling to N4.57 trillion in April from...
Money supply soars to N119 trillion amid CBN’s rate pause strategy
Nigeria’s broad money supply (M3) surged to a record N119.11 trillion in April 2025, according to the latest Money and...
New CBN instruments target liquidity in Islamic finance
The Central Bank of Nigeria (CBN) has announced the rollout of three new instruments targeted at deepening Nigeria’s non-interest financial...
Investors shun 5-year tenor bonds, undersubscribe by 83% in latest FGN bond auction
Investor interest in Nigeria’s 5-year Federal Government bond collapsed in May 2025, with the offer undersubscribed by 83%, signaling a...
Foreign portfolio inflows to stock market tumble by 92.39% in April amid global uncertainty
Foreign portfolio investment into Nigeria’s equities market fell sharply by 92.39% in April 2025, as inflows dropped to N26.64 billion,...
IMTO inflows surge by 45% to $4.76 billion in 2024 amid CBN reforms
Nigeria’s foreign exchange inflows through International Money Transfer Operators (IMTOs) rose sharply in 2024, reaching a total of $4.76 billion.
Investors flood 364-Day Treasury Bills with N1.05 trillion amid marginal rate cut
The Nigerian Treasury Bills (NTB) auction held on May 21, 2025, witnessed intense demand from investors, with the 364-day tenor...
FG plans to raise N300 billion from FGN bond market in May
The Federal Government, through the Debt Management Office (DMO), plans to raise a total of N300 billion from the domestic...
Banks face 12-month deadline as CBN unveils AI-driven anti-money laundering standards
The Central Bank of Nigeria (CBN) has issued a draft framework aimed at overhauling anti-money laundering (AML) practices across the...
