…Solutions at ICBC Standard Bank, and featured Dr. Okey Umeano, Acting Director of Financial Markets, Central Bank of Nigeria; Kayode Solola, Head of Global Markets for Africa Region, Standard Bank Group, and Chairman of Stanbic IBTC Capital, Nigeria; Samuel Tao, Senior Vice President of Investment, China-Africa Fund fo…
…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…
…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…
…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’…
…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…