Finance

CBN approves Adedapo Olagunju as proposed JPMorgan Nigeria MD

Business Omolola Akinyemi -
The CBN has approved Adedapo Olagunju as proposed JPMorgan Nigeria MD, alongside six other board appointments for its planned merchant banking subsidiary. The Central Bank...

26 States depend on FAAC as wage bills outstrip IGR

Economy Emmanuel -
26 States Struggle to Fund Personnel Costs The finding that 26 states depend on FAAC to meet their personnel obligations has exposed the continuing weakness...

CBN liquidity tightening drives N1.06tn fixed-income surge as investors flock to short-term debt

Business Damilola Bayonle -
Aggressive liquidity tightening by the Central Bank of Nigeria has triggered a major shift in investor behaviour, driving record...

Trade Investment Rises as Reps Recover N521m VAT from CBN Amid Push for Revenue Growth

Business Damilola Bayonle -
Nigeria's trade investment sector attracted $65.79 million in foreign capital in the first quarter of 2026, while lawmakers recovered...

NGX Trading Volume Falls 38% as Market Adapts to Landmark T+1 Settlement Reform

Business Damilola Bayonle -
NGX Records Sharp Decline in Trading Activity Trading activity on the Nigerian Exchange declined sharply during the week ended May...

Nigeria FDI Crisis Deepens as Foreign Investors Pour $3.37bn Into Nigerian Bonds

Business Damilola Bayonle -
Nigeria's foreign direct investment collapses 80% as investors favour high-yield debt over factories, infrastructure and long-term projects IBADAN, June 1...

CBN Naira Intervention Lifts Currency as Nigeria Tightens FX Liquidity

Business Damilola Bayonle -
Nigeria’s currency posted one of its strongest periods of relative stability in recent months after the Central Bank of...

Nigeria launches free Tax Ombud platform to resolve taxpayer disputes nationwide

Business Damilola Bayonle -
Nigeria launches free Tax Ombud platform for taxpayer disputes Nigeria’s federal government on Monday launched a nationwide Tax Ombud platform...
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