Market Updates

Amid N36.2tn Subscription, CBN Raises N14.5tn via TBs as 364-day Bills Dominate Boosted by investors desire for 364-day bills in search of yield certainty, the Central Bank of Nigeria (CBN) raised an estimated N14.5 trillion via the Nigerian Treasury Bills (NTB) in the seven months of 2026.     The total amount... Read More →

Heirs Insurance Announces N115bn Premium, Pays N19.4bn Claims Heirs Insurance Group (HIG), has announced a gross written premium of N115 billion. The group announced this in its audited financial results for the year ended December 31, 2025. The N115 billion written premium achieved during the year under review represents 88.5... Read More →

CBN to sell N700 billion Treasury Bills today in second August auction The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), will offer N700 billion across the 91-day, 182-day and 364-day Treasury Bills tenors in the second and final Treasury Bills (NTB) auction for August... Read More →

Banks account for 92% of NFIU suspicious reports The Nigerian Financial Intelligence Unit has disclosed that banks, fintech companies and other reporting entities submitted 42,082 Suspicious Transaction Reports to the agency in 2025. The figure was contained in the NFIU’s 2025 Annual Report, which highlighted continued risks to Nigeria’s financial... Read More →

Firm unveils SEC-approved $150m climate fund AFC Capital Partners, the asset management subsidiary of the Africa Finance Corporation, has launched its $150m Infrastructure Climate-Resilient Fund in Nigeria following regulatory approval from the Securities and Exchange Commission. The formal signing ceremony, held in Lagos on Monday, established the SEC-registered closed- end... Read More →

Nigeria’s rate dilemma pits investors against manufacturers Nigeria’s monetary authorities face a difficult policy balancing act, which is to lower interest rates to make credit more affordable for businesses and households, or keep borrowing costs high to preserve the high yields that have helped attract foreign portfolio investors. The Central... Read More →