…witnessed significant reforms aimed at restoring macroeconomic stability, strengthening financial markets, enhancing transparency, deepening financial inclusion and positioning Nigeria for sustainable growth. These priorities align with the bank’s strategic objectives of promoting a robust, sound and inclusive financia…
Central Bank of Nigeria Governor Olayemi Cardoso has identified investment in Nigerian financial markets, including naira-denominated instruments, as a key opportunity to deepen financial ties with China. During discussions with the chairman and senior management of the Industrial and Commercial Bank of China (ICBC), C…
…intelligence (AI), coupled with ambitious earnings expectations, could expose global financial markets to a potentially destabilising correction. The GFS report, among other things, highlighted financing arrangements involving AI companies, including equity investments, debt and commitments linked to future revenues. E…
…occasion, Bayo Oyero, said the University of Ibadan should begin investing directly in financial markets beyond the activities of its alumni association. Oyero, an alumnus of the university, said the institution needed an independent endowment fund, separate from the existing Alumni Endowment Fund, which could be inves…
…proficiency, and our Trading Room has grown into a Senate-approved diploma programme in financial markets," he said. He added that high-speed Starlink internet had also been installed at 12 locations across the campus.
…outlined Nigeria’s ambition to build “deeper, more liquid and internationally connected financial markets,” positioning recent reforms as the foundation for a new phase of market development. He said foreign-exchange reforms were aimed at “removing distortions, restoring transparency and strengthening confidence in the…
…paper for production. The ambition is admirable. The timing is dangerous. Nigeria’s financial market is structurally unstable. The 2016 recession, triggered by collapsing oil prices, drove inflation to 18.75 per cent, pushed the parallel exchange rate to N500 per dollar, and triggered yet another capital market crisis.…
…investor confidence and enhancing sovereign credibility in the international financial market,” DataPro stated. The event will feature goodwill messages from the Director-General of the Securities and Exchange Commission, Dr. Emomotimi Agama, and the Statistician-General of the National Bureau of Statistics, Prince Ade…
…and years can create a much more powerful perception of risk.And perception matters in financial markets.If investors demand additional compensation for taking Nigerian risk, the cost is ultimately reflected in the price of capital.This means the government may pay more to borrow. Companies may face higher financing co…
…investment.International investors continue to bring hard currency into Nigeria’s financial markets to take advantage of relatively high yields available on Naira-denominated assets.The attractive returns have increased the appeal of Nigerian fixed-income instruments, particularly for investors seeking opportunities wh…
…of underpinning more than 5 GW of future nuclear projects using X-energy technology. The financial market has subsequently validated some of this enthusiasm. In April 2026, Amazon-backed X-energy raised approximately $1.02 billion through its U.S. IPO. AWS previously purchased a data-centre campus beside Pennsylvania’s…
…to offset the heavy drop in spot trading, leading to a net decline in overall financial market activity.
…billion, a 17-year high representing a 28.32% year-on-year riseThe CBN rolled out new financial market reforms, including expanded access to OMO securities for non-bank investorsPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Legit.ng journalist Dave Ibemere has over a decade of business journalism…
…OMO. This was disclosed in a circular signed by the apex bank's Acting Director of the Financial Markets Department, Okey Umeano, on Wednesday. With the latest review, the CBN said the existing restriction on participation in OMO auctions by institutions accessing the Discount Window on the same day will remain in forc…
…and price stability while implementing policies that encourage investment, strengthen financial markets and support sustainable economic growth. Earlier, the Branch Controller of the CBN Gombe Branch, Mr Yunusa Buba Mubi, described the CBN Fair as an annual engagement platform aimed at educating the public on the bank’…
…Financial analysts said the development is driven by high interest environment in the financial market and sustained Federal Government (FG) borrowings. The total pension Net Assets Value, NAV increased by 27.1%, YoY, to N31.322 trillion in May 2026 from N24.654 trillion in the corresponding period 2025 on the back of…
…does not automatically guarantee employment. Speaking with journalists in Ilorin, financial market and technology expert Abubakar Bello also cautioned young Nigerians against chasing quick wealth through betting and other get-rich-quick schemes that promise overnight success without creating genuine value. Bello, the 3…
…inflation, stronger external reserves, improved crude oil production and resilient financial markets have significantly reduced macroeconomic vulnerabilities and strengthened investor confidence. He noted that government revenues also improved on the back of higher oil receipts and stronger non-oil tax collections, whi…
…amid elevated financing needs. Nairametrics earlier reported that data compiled from the Financial Markets Dealers Association (FMDA) weekly research showed that yields across both markets also moved higher, reflecting bearish sentiment and persistent inflation concerns that continue to shape domestic fixed income pric…