Nigeria’s foreign exchange market recorded a sharp increase in trading activity, with total turnover on the Nigerian Foreign Exchange Market (NFEM) rising to $1.45 billion […]
Category: Economy
NFIU pushes banks, fintechs to share intelligence under new AML framework
The Nigerian Financial Intelligence Unit (NFIU) has called on banks, insurance companies, fintech firms, Virtual Asset Service Providers (VASPs), and other financial sector stakeholders to […]
Dangote Refinery IPO: What you should know and how to buy
Dangote Petroleum Refinery & Petrochemicals FZE is set to open one of Nigeria’s biggest public equity offers, giving retail investors an opportunity to own shares […]
Dangote Refinery IPO: What you should know and how to buy
Dangote Petroleum Refinery & Petrochemicals FZE is set to open one of Nigeria’s biggest public equity offers, giving retail investors an opportunity to own shares […]
Top 10 Nigerian insurers that paid the most claims in H1 2026
Ten listed Nigerian insurance companies collectively paid out N188.19 billion in claims in the first half of 2026, a 4.44% decline from N196.93 billion paid […]
NCC flags high device costs, inaccessible tech as digital inclusion barriers
The Nigerian Communications Commission (NCC) has identified high device and connectivity costs, inaccessible digital products and inadequate digital skills as major barriers preventing persons with […]
NCC flags high device costs, inaccessible tech as digital inclusion barriers
The Nigerian Communications Commission (NCC) has identified high device and connectivity costs, inaccessible digital products and inadequate digital skills as major barriers preventing persons with […]
Nigeria’s insurance industry has a problem recapitalisation won’t fix —C.H.I CEO
For years, Nigeria’s insurance industry has struggled to expand at a pace commensurate with the size of the economy, remaining one of the smallest contributors […]
N941 million forfeiture: 70 Nigerians accuse ICPC of mixing up bank accounts
About 70 Nigerians have urged the Federal High Court in Abuja to set aside its N941 million final forfeiture order made on July 13, 2026, […]
Naira strengthens to N1,548/€ against Euro amid improved FX liquidity
The Euro-to-Naira exchange rate has remained relatively stable within the range of N1,548/€ amid the strengthening of the Naira. Naira’s recent appreciation helped to reduce […]