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SEC orders asset-freeze of 13 alleged terrorism-financiers across capital market Nigeria’s Securities and Exchange Commission (SEC) has ordered an immediate asset freeze of the 13 alleged terrorism-linked entities across the capital market. This follows the blacklisting of 10 individuals and three entities on the Nigeria Sanctions List by the Nigeria Sanctions Committee. This... Read More →

Q1 2026: CBN Raises N4.86tn via NTBs as 91-Day Rate Hits 15.95% The Central Bank of Nigeria (CBN) in the first quarter of 2026 raised an estimated N4.86 trillion through the Nigerian Treasury Bills (NTB) as investors hedge against double-digit... Read More →

FMDQ approves N22.68bn CP for Daraju expansion FMDQ Securities Exchange Limited has officially approved the quotation of Daraju Industries Limited’s N4.92bn Series 1 and N17.76bn Series 2 Commercial Paper under its N50.00bn issuance programme. The move marks a significant milestone... Read More →

CBN tightens oversight as digital finance expands The Central Bank of Nigeria is tightening oversight of digital finance platforms, aiming to balance rapid innovation with stronger safeguards to protect stability and boost confidence, JIDE AJIA writes The Central Bank of Nigeria is... Read More →

NGX rally drives Nigeria’s frontier market re-entry International index provider FTSE Russell has officially restored Nigeria’s status to ‘Frontier Market’, a significant upgrade that reflects the sweeping infrastructure improvements and liquidity gains within the Nigerian Exchange. The decision, according to... Read More →

Lagos, FCMB unveil $500m human capital governance programme The landscape of public service delivery in Lagos State is undergoing a systemic transformation as the state government, in collaboration with the World Bank and First City Monument Bank, scales the Human... Read More →

SEC, NGX, Others Engage African Exchanges on Cross-border Listings The Securities & Exchange Commission ((SEC), NGX Group Plc and other capital market stakeholders in Africa recently convened in Lagos to advance cross-border listings and deepen integration across the continent’s capital... Read More →

Currency Outside Banks Down 3.66%, Currency in Circulation Unchanged at N5.73trn Nigeria’s cash holdings outside the banking system eased in February 2026, reflecting a moderation in cash demand after the year-end spending surge as currency outside banks declined by 3.66... Read More →

Remittance outflows drop 36% as reforms stabilise economy Remittance outflows declined by N689.55m in 2025, reflecting a 36.09 per cent drop compared to 2024, according to data obtained from the Central Bank of Nigeria on Tuesday. Remittance outflows are money... Read More →

Zenith Bank records N1.26tn profit, proposes N10 dividend Zenith Bank Plc has announced its audited financial results for the year ended 31 December 2025, reporting a profit before tax of N1.26tn. This performance follows a high base of N1.33tn recorded... Read More →