Market Updates

CBN cuts one-year T-bill yield after N3.62tn bids The Central Bank of Nigeria reduced the stop rate on its one-year treasury bill at Wednesday’s primary market auction after investors submitted overwhelming bids, reflecting sustained appetite for longer-dated government securities. Auction results showed total subscriptions of about N3.62tn against the N700bn... Read More →

Banks refund N19bn, $329m after customer complaints The Central Bank of Nigeria has disclosed that financial institutions refunded N19.12bn and $329.3m to customers in 2025 following the resolution of 18,824 consumer complaints, while banks and other financial institutions were sanctioned N430m for delays in resolving customer complaints. The figures were... Read More →

NASD launches first digital securities platform Nigeria’s over-the-counter securities market, NASD OTC Securities Exchange, has launched a regulated digital securities market, becoming the country’s first exchange to offer a platform for issuing and trading tokenised securities. The NASD Digital Securities Platform is now live, with its inaugural public digital securities... Read More →

Private sector FX outflows jump 165% to $16.3bn Foreign exchange outflows through autonomous channels rose by more than 160 per cent in 2025, reflecting increased private-sector demand for foreign exchange despite stronger inflows into the economy, according to the Central Bank of Nigeria’s 2025 Annual Report and Statement of Accounts.... Read More →

SEC commences full e-registration for capital market The Securities and Exchange Commission has commenced the implementation of a fully electronic registration process for capital market operators, enabling designated regulatory services to be completed entirely online as part of efforts to modernise Nigeria’s capital market and improve regulatory efficiency. The Commission,... Read More →

Nigeria retains Africa’s upstream investment lead despite capital decline Nigeria has retained its position as one of Africa’s dominant oil and gas investment destinations despite a sharp decline in upstream capital flowing into the continent, with the International Energy Agency revealing that the country and four other major producers still... Read More →