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According to the latest NGX report, Nigeria’s top-ten brokers in May, transacted $280.05 million in value, and 13.61 billion shares, representing 62.29%, and 50.23% respective share of all broker’s input on the NGX.
Despite concerns that open banking could be detrimental to Nigeria’s commercial banks, Adedeji Olowe, CEO of Lendsqr, argues that they could be the biggest winners when it goes live.
The CBN’s recapitalisation benchmark introduced in 2024 aimed at reforming Nigeria’s informal sector runs on a deadline today, only 5% of BDC operators has hit the bar
In addition to the renewed warrant, the special prosecutor has begun the process of issuing an Interpol red alert for the former minister’s arrest and extradition to Ghana.
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Dr. Adesina’s AfDB tenure saw $273B+ mobilised for energy, food, and industry, but progress on trade and livelihoods lagged amid conflict, climate shocks and global crises.
Tinubu’s two-year economic scorecard reveals gains in growth and investment — but inflation, debt, and hardship still plague businesses and citizens
The African Development Bank (AfDB) will pick its next president on May 29, 2025, at its annual meeting in Abidjan, Ivory Coast. The timing is critical. With a recent $555 million funding cut proposed by the United States, the bank faces pressure to steer Africa’s growth through tough global financial waters. The current president, Dr.…
In the fourth quarter of 2024, liquidity in Nigeria’s banking sector fell below $100 billion for the first time in years. At the same, emergency borrowing by banks rose sharply, fuelling fears of a liquidity squeeze. Despite the signs of distress, Nigerian lenders remain broadly resilient —this piece explores why.
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