EFCC Tightens Regulatory Screws on OPay: Calls for Stronger KYC, Anti-Fraud Controls and Crackdown on Insider Abuse to Safeguard Nigeria’s Fintech Economy
The Economic and Financial Crimes Commission (EFCC) has directed a stern message to OPay, Nigeria’s leading fintech platform, urging the...
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New CBN Rule Caps Cash Payout for Travel Forex, Tightens FX Market Controls
On December 11, 2025, the Central Bank of Nigeria (CBN) announced a major change to how travellers and business people...
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Bank of Ghana Pumps $10 Billion into Forex Market to Stabilise Cedi and Boost Reserves
The Bank of Ghana (BoG) has injected approximately $10 billion into the country’s foreign exchange market between January and early...
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FG Raises ₦4.72 Trillion via Treasury-Bill Sales in Q4 2025
In the final quarter of 2025, the Federal Government of Nigeria (FG) borrowed a whopping ₦4.72 trillion by selling short-term...
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Strategy Goes All-In: Nearly $1 Billion Bitcoin Bet Signals Corporate Confidence and Economic Ripples
The corporate entity Strategy has just dropped $963 million to acquire a fresh batch of bitcoin, reinforcing its aggressive commitment...
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UACN Shares Jump 22.69% in Early December, Investors Eye N100 Mark Amid Strong Fundamentals
In the first week of December, shares of UAC of Nigeria PLC (UACN) surged by 22.69%, fueling investor optimism that...
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Nigeria’s External Reserves Break $45 Billion Barrier for the First Time Since 2019
Nigeria’s external reserves have surged past the $45 billion mark, reaching $45.04 billion according to the latest figures from the...
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Stock Market Rebounds, Investors Add ₦2.4 Trillion as NGX Climbs to ₦93.7 Trillion
Last week brought a sharp turnaround for Nigeria’s equity market, with investors enjoying a gain of ₦2.436 trillion over five...
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“Hackers Hit My Account Through OPAY, Moniepoint”, Oshiomhole Demands Tougher Fintech Regulation
Lawmakers are now pressing for stronger regulation of Nigeria’s fintech sector after Adams Oshiomhole, a senator for Edo North, revealed...
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Banks & Insurers’ Economic Impact Slips to ₦1.51 Trillion as Quarterly Contribution Declines 15%
In a concerning shift, the combined economic contribution from banks, insurance companies and other financial institutions dropped by 15 per...
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