Financial Markets

Nigeria’s currency, the naira, recorded a slight decline against the United States dollar at the official foreign exchange market on...

Nigerian banks could face penalties of up to N100 million for breaches of foreign exchange (forex) regulations as authorities move...

Nigeria’s banking industry recorded a significant increase in revenue from account maintenance charges during the first quarter of 2026, reflecting...

Nigeria attracted $10.37 billion in capital importation in the first quarter of 2026, according to data released by the National...

The Central Bank of Nigeria (CBN) is increasingly relying on regulatory reforms and market rules to strengthen stability in the...

Nigeria recorded a sharp increase in foreign capital inflows during the first quarter of 2026, with total inflows rising 84%...

Nigeria’s collective investment schemes (CIS) have recorded significant growth, with total assets under management (AUM) rising from N3.2 trillion to...

The African Development Bank (AfDB) has raised concerns about the low level of lending by Nigerian banks to businesses, revealing that credit...

Nigeria’s capital market has recorded a major milestone, with its total Assets Under Management (AUM) rising to N10 trillion from...

TAJBank has strengthened its position as one of Nigeria’s fastest-growing financial institutions, reporting total assets of N1.34 trillion and consolidating...