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Nigeria spent $5.2bn servicing external debt in 2025 Nigeria spent about $5.21bn servicing external debt obligations in 2025, accounting for more than 72 per cent of the country’s total international payments during the year, data obtained from the Central Bank... Read More →

NGX loses N107bn as bearish sentiment persists Trading on the Nigerian Exchange closed slightly lower on Wednesday as profit-taking in selected equities continued to weigh on the market, dragging key performance indicators into negative territory. Market data showed that the... Read More →

SEC cracks down on unregistered digital platforms The Securities and Exchange Commission has officially launched its inaugural Regulator/FinTech Clinic, signalling a proactive step towards strengthening dialogue with Nigeria’s rapidly growing financial technology ecosystem. The event, held on Tuesday, aims to... Read More →

Profit-taking drags NGX lower, market cap sheds N725bn The Nigerian Exchange Limited retreated into negative territory on Tuesday, as profit-taking in blue-chip equities erased gains from the Monday trading session. Investors adopted a cautious stance, opting to lock in profits... Read More →

CBN extends anti-money laundering compliance deadline for banks The Central Bank of Nigeria has given Deposit Money Banks 18 months to fully comply with its new baseline standards for automated anti-money laundering solutions, while other financial institutions have 24 months... Read More →

Exchange rate is back at N1,400: Why it could stay there Just two weeks ago, the bets were firmly on the Naira strengthening below N1,300. Many analysts believed the currency was finally drifting toward what they considered its fair value. Optimism was... Read More →

Aradel, FTG Insurance drive market activity to N31.23bn The Nigerian equities market kicked off the second week of March on a positive note as heavy-hitting trading activity drove the total value of transactions to N31.23bn on Monday. Amidst a broader... Read More →

Failure to file taxes attracts heavy penalties – LIRS The Special Adviser to the Executive Chairman of the Lagos State Internal Revenue Service, Abideen Akande, explains why Lagos residents must file annual tax returns, the benefits of the new regime,... Read More →

Pathway Advisors leads N11.45bn Lekki Gardens issuance Pathway Advisors Limited announced on Monday that it acted as the lead issuing house, financial adviser, and transaction sponsor to the N11.45bn oversubscribed Series 2 Commercial Paper Issuance under the N25bn Commercial Paper... Read More →

Global equities slide amid rising Middle East unrest Global financial markets faced a seismic shock on Monday as the intensification of the conflict between the United States, Israel and Iran sent crude oil prices soaring above $120 per barrel. The... Read More →