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In the first quarter of 2025, Nigeria’s economy recorded a year-on-year real GDP expansion of 3.13 percent, edging ahead of the previous year’s 2.27 percent but falling short of the 4.9 percent consensus expectation. This performance, while modest, offers a prism through which capital markets, both local and international are refracting Nigeria’s evolving investment narrative. …

Nigeria’s financial markets amid global economic shifts Read More »

The Nigeria’s total Capital importation in the Q1 2025 reached $5,642.07 billion, which is an increase from $3,376.01 billion recorded in Q1 2024. This represents a growth of 67.12% compared to the previous quarter. Additionally, capital importation rose by 10.86%, increasing from $5.09 billion in Q4 2024. Analysis The Total Capital importation stood at $5.64 …

Nigeria’s Capital Importation Rises to $5.64bn in Q1 2025 Read More »

The Naira remains under the steady hand of the Central Bank of Nigeria (CBN), which injected $166 million into authorised dealer banks during the week in a bid to manage the surging demand for US dollars at the official foreign exchange window. The intervention helped keep the market relatively stable, though forward contracts showed signs …

CBN Intervenes with $166 Million as FX Pressures Mount on the Naira Read More »

In today’s complex and rapidly evolving financial landscape, wealth creation has become both an art and a science. It requires strategic foresight, risk management, and a disciplined approach to investing. At the heart of this process lies asset management, a critical tool for individuals, corporations, and institutions seeking to grow and preserve wealth across generations. …

The Role of Asset Management in Wealth Creation Read More »

In an aggressive move to combat inflation, the Central Bank of Nigeria (CBN) increased the Monetary Policy Rate (MPR) to  15.5 percent from 14 percent.Mr. Godwin Emefiele, Governor of the Central Bank of Nigeria, made the announcement yesterday during a press conference  following the conclusion of the 5th Monetary Policy Committee meeting in 2022 in Abuja. He announced an increase in the  Cash Reserve Ratio (CRR) to a minimum of 32.5% from 22.5 percent in July, while keeping the Liquidity Ratio at 30%.”Mr. Emefiele stated, “The committee unanimously voted to raise the MPR…The MPC voted to increase the MPR to 15.5, while maintaining the asymmetric corridor at +100 -700 basis points around the MPR. On why the rate was raised, he said, “Members deliberated the impact of the widening margin between the current policy rate of 14 percent and the inflation rate of 20.52 percent. “At this meeting, the option of reducing the policy rate was not considered as this would be gravely detrimental to …

CBN COMBATS INFLATION BY RAISING INTEREST RATES TO 15.5% Read More »

This was revealed in a press release signed by the Company Secretary, titled “THE CENTRAL BANK OF NIGERIA GRANTS FINAL APPROVAL FOR MOMO PAYMENT SERVICE BANK LIMITED TO COMMENCE OPERATIONS.” In November 2021 MTN Nigeria and Airtel Africa received “Approval in Principle” (AIP) from the Central Bank of Nigeria to operate as Payment Service Banks …

The CBN Has Approved MTN To Begin Banking Operations As Momo PSB Read More »

The Securities and Exchange Commission (SEC), declares that it is working with the National Orientation Agency (NOA) and various government agencies to combat the operations of Ponzi schemes, illegitimate fund managers and operators. The Director-General of SEC revealed this in a goodwill message at the opening ceremony of the NOA’s National Fact-Checking Course in the …

S.E.C joins forces with N.O.A and others to Eliminate Ponzi schemes Read More »