Category: Financial Market

Financial Market

Nigeria’s $1trn economy takes centre stage at ISAN’s triennial conference

  The Independent Shareholders Association of Nigeria (ISAN) has concluded arrangements for its eighth Triennial Delegates Conference on Oct. 30, 2025. The conference with the theme: “Nigeria, Towards $1 Trillion Economy by 2030,” will be chaired by the Minister of Finance and Coordinating Minister of Economy, Mr Wale Edun, as […]

SEC Moves to T+2 settlement cycle to Boost Market Efficiency, Investor Confidence

The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has said that Nigeria’s transition to a T+2 settlement cycle in the capital market will significantly enhance market efficiency, reduce risks, and strengthen investor confidence. Speaking at a Trade Associations Roundtable on “Ensuring Stakeholder Readiness for T+2 Settlement” […]

Nigeria’s Inflation Falls to 18.02% in September, Driven by Lower Food Prices   … Dips Below 20% First Time in 3 Years   …Experts Nigeria’s Disinflation Trend, Calls for Policies to Tackle Persistent Cost Pressures

  Nigeria’s headline inflation rate eased to 18.02 per cent in September 2025, marking a significant moderation from 20.12 per cent recorded in August, according to the latest data from the National Bureau of Statistics (NBS).     The drop represents a 2.1 per cent month-on-month decline and the first […]

Vertiv Partners Airtel Africa to Build 42MW Data Centre in Nigeria

    Vertiv, a provider of critical digital infrastructure and continuity solutions, has announced an extended collaboration with Airtel Africa through its data centre division, Nxtra, to build a 42-megawatt (MW) high-capacity data centre in Nigeria, a project that marks the first phase of Nxtra’s broader expansion across Africa.   […]

SEC Launches Revised University Curriculum on Securities, Investment Management …Says Financial Literacy Now a Survival Skill

  The Securities and Exchange Commission (SEC) has unveiled the reviewed National Universities Commission (NUC) curriculum on Securities and Investment Management (SIM), describing financial literacy as a vital life skill and a survival tool in today’s rapidly evolving economy.   Speaking at the formal handover of the revised curriculum in […]

AfDB to Lend Nigeria $500m in Fresh Budget Support … Cites Tinubu’s Economic Reforms as Key Driver

  The African Development Bank (AfDB) has announced plans to extend a $500m loan to Nigeria this year as part of a $1bn budget support programme, citing the country’s ongoing economic reforms under President Bola Tinubu as a major factor driving its decision.   Executive Director representing Nigeria and São […]

PENGASSAN Strike: Economist Warns of Investor Concerns, Urges Attention to Low-Income Oil Workers

  An economist, Kelvin Emmanuel, has criticised the ongoing strike by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), warning that the industrial dispute with the Dangote Refinery could undermine investor confidence in Nigeria. He also called on labour unions to shift greater focus toward the plight […]

Afreximbank, LCCI Partner to Empower Nigerian SMEs Through AfCFTA Opportunities

African Export-Import Bank (Afreximbank) and the Lagos Chamber of Commerce and Industry (LCCI) have strengthened partnership to boost the participation of Nigerian small and medium-sized enterprises (SMEs) in intra-African trade, underscoring the country’s drive to harness the benefits of the African Continental Free Trade Area (AfCFTA). The partnership, which supported […]