Latest Markets News

Nigeria’s $400m Export Lifeline at Risk. Why Carriers Are Avoiding Gulf Ports

A key export corridor worth roughly $400 million annually for Nigerian businesses…

3 Min Read

Why Are Nigerian States Probing an $8.8bn Oil-Backed Loan Deal Signed Years Ago?

State governments in Nigeria are demanding a forensic audit of about $8.8…

3 Min Read

Why Is FCMB Flying Under the Radar Even After Clearing ₦500 Billion Hurdle?

FCMB has just raised ₦500 billion to meet the Central Bank of Nigeria’s…

1 Min Read

Could You Be Blacklisted From Banking? Nigeria Introduces New Fraud Watchlist

Nigeria’s banking regulator, the Central Bank of Nigeria, has strengthened anti-fraud rules…

2 Min Read

Will Nigerian Banks Need More Capital? CBN Stress Test Puts Credit Strength Under the Microscope

Nigeria’s banking regulator, the Central Bank of Nigeria, says some banks may…

2 Min Read

Can Your Banking App Work on Only One Phone? Nigeria’s New Policy Explained

Nigeria’s financial regulator, the Central Bank of Nigeria, is reportedly pushing banks…

2 Min Read

Why a Big South African Bank Is Eyeing Nigeria and What It Means for You

While Nigerian banks have been going out to other African markets, a…

5 Min Read