Search Results for "Financial Market"
19 results found
Keeping erroneous bank credit attracts 5-10 years' jail - CBN

…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…

Business by nigerianewsfeed · 5 days ago · 0 comments · 17 views
Cardoso puts Nigerian financial markets at centre of deeper investment ties with China

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…

Investment by nigerianewsfeed · 5 days ago · 0 comments · 10 views
IMF: Nigeria’s banks need stronger safeguards after recapitalisation

…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…

Business by nigerianewsfeed · 14 days ago · 0 comments · 25 views
SEC ​‌‍‍‍‍⁠⁠‍​‌‍‍‍‍⁠⁠‌​DG urges universities to explore capital market funding

…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…

Business by nigerianewsfeed · 17 days ago · 0 comments · 30 views
Olowolafe commends Ekiti over six technical colleges, calls for further investment

…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.

General News by nigerianewsfeed · 18 days ago · 0 comments · 19 views
CBN engages Singapore’s MAS, signs innovation MoU with GFTN

…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…

Business by nigerianewsfeed · 19 days ago · 0 comments · 19 views
Can Nigeria build new millionaires through Dangote IPO?

…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.…

Business by nigerianewsfeed · 23 days ago · 0 comments · 23 views
Uzoka-Anite to lead discourse on Africa's sovereign credit ratings

…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…

Business by nigerianewsfeed · 27 days ago · 0 comments · 20 views
See why Nigeria cannot afforda hostile politcal environment

…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…

Agriculture by nigerianewsfeed · 28 days ago · 0 comments · 26 views
How the naira is surging against USD in all markets

…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…

Business by nigerianewsfeed · 1 mon ago · 0 comments · 25 views
From megawatts to prosperity: Rural electrification in age of AI- REA MD Abba Aliyu

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
FX turnover declines 44.9% to $2bn

…to offset the heavy drop in spot trading, leading to a net decline in overall financial market activity.

Business by nigerianewsfeed · 2 mons ago · 0 comments · 30 views
Find out more as CBN releases latest exchange rates as Naira gains N8.08

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 25 views
CBN announces removal of restrictions on Discount Window access for FX, OMO

…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…

Business by nigerianewsfeed · 2 mons ago · 0 comments · 33 views
Nigeria’s foreign reserves surpass annual target, rise above $52.5bn – CBN

…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’…

General News by nigerianewsfeed · 2 mons ago · 0 comments · 29 views
High interest rate, FG borrowings drive rise in pension investments

…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…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 31 views
Travelling abroad doesn’t guarantee job, Expert warns Nigerian youths

…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…

Jobs/Vacancies by nigerianewsfeed · 3 mons ago · 0 comments · 30 views
Mid-year review: Real economy remain under pressure — CPPE

…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…

Business by nigerianewsfeed · 3 mons ago · 0 comments · 31 views
FGN bonds attract N1.41 trillion bids in June auction as yields climb

…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…

Business by nigerianewsfeed · 4 mons ago · 0 comments · 38 views
Not satisfied? Try Google Search