Financial Markets

A consortium of Nigerian lenders has placed Nestoil Limited, a major player in Nigeria's oil and gas sector, under receivership,...

In a significant development, Justice Akintayo Aluko of the Federal High Court in Lagos has adjourned the ongoing trial involving...

Nigeria is gearing up to confront two major debt obligations before 2025 ends: a $1.12 billion Eurobond and a ₦100...

Lotus Bank Limited has instituted a major lawsuit against 45 banks across Nigeria, including leading commercial institutions and prominent financial...

The Debt Management Office (DMO) is preparing to launch a fresh bond issuance worth N260 billion, offering two reopened sovereign...

Lotus Bank Limited has filed a lawsuit against 45 banks in Nigeria over a financial loss of N1,133,808,604.31, which it...

Access Holdings Plc, the parent company of Access Bank, has announced the completion of its acquisition of the National Bank...

After nearly three years under the Financial Action Task Force (FATF) grey list, Nigeria has finally been delisted, marking a...

Between July 2023 and June 2024, Nigeria saw over $50 billion in cryptocurrency transactions, says Dr. Emomotimi Agama, Director-General of...

Nigeria’s fiscal deficit rose sharply to N13.51 trillion in 2024, surpassing government projections and breaching the Fiscal Responsibility Act’s 3.0...