SEC’s Collective Investment Schemes Surpass N3 Trillion in 2024
The Securities and Exchange Commission (SEC) announced that its Collective Investment Schemes (CIS) have grown to exceed N3 trillion in ...
Tag: Finance
Trump Meme Coin Soars 236% Amid Criticism Over Timing
Donald Trump’s latest venture, a meme coin called $TRUMP, has already rocked the digital currency world. Launched on January 17, ...
CBN Launches Digital Payment Solutions to Boost Nigeria’s Financial System
The Central Bank of Nigeria (CBN) has made a significant leap into digital transformation by launching two innovative solutions, the ...
OAGF Uncovers N514bn Financial Irregularities in NNPCL Operations
The Office of the Auditor-General for the Federation (OAGF) has found financial problems worth N514 billion in the Nigerian National ...
Nigeria’s FX Reserves Rise by $591.78 Million Following Eurobond Auction
Nigeria's foreign currency reserves have gone up by $591.78 million in the month after the government sold $2.2 billion in ...
Nigeria’s 2025 Budget: Will It Help or Harm the Stock Market?
Here we are again, another year, another budget, another set of promises tied to huge numbers. Nigeria’s 2025 budget proposal—worth ...
NGX Insurance Index Gains 26.9% in First Week of 2025 After Stellar 2024 Performance
The NGX Insurance Index rose by 26.9% in the first week of trading in 2025, showing its best weekly performance ...
IMTO Inflows Surge by 63.7% in Nine Months Amid CBN Reforms
The Central Bank of Nigeria (CBN) got a 63.7% increase in international money transfer operator (IMTO) inflows from January to ...
Weekly Market Wrap: ASI Hits N63 Trillion, Gains 1.42% as Insurance Stocks Rally
The Nigerian stock market ended the week on a positive trend, with the All-Share Index (ASI) increasing by 1.42% to ...
Nigeria’s Debt to Reach N187.8trn in 2025 Amid Rising Borrowing Costs
According to an investment firm report, Cardinalstone, Nigeria's debt stock is projected to escalate to N187.79 trillion again by 2025, ...
Corporate Tax, VAT Drive Federation Account to N6.86tn – CBN
The Central Bank of Nigeria (CBN) has reported a 7.48% increase in receipts into the federation account, which went up ...
Detty December 2024: How Nigerians Partied Through Inflation, a Weak Naira, and Chaos
Detty December has grown into something much bigger than just a holiday celebration. What began as a simple way to ...
Naira Defies CBN’s Forex Reforms, Tumbles 41% in 2024
In 2024, the Nigerian naira lost a lot of its value, even though the Central Bank of Nigeria (CBN) tried ...
Can Nigeria Craft a Tax System That Balances Fairness with Growth in 2025?
Taxation in Nigeria seems to exist in two different realities: one where the wealthy and city dwellers pay taxes reluctantly, ...
CBN, SEC Approve FCMB Group’s N147 Billion Rights Offer
The Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given their approval for FCMB Group’s ...
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