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Finance
51 posts
CBN Blocks Bank Accounts of Adamu Ciroma and Others Tied to Terrorism Funding
The Central Bank of Nigeria has mandated the immediate freezing of accounts belonging to five individuals and a Bureau de Change firm over allegations involving terrorism financing.
FCMB Emphasizes Robust Ecosystems for Sustainable Creative Industry Growth
Nnenna Jacob-Ogogo of FCMB argues that scaling Nigeria's creative economy requires more than capital; it demands structural reforms in governance, infrastructure, and intellectual property.
CBN Instructs Financial Institutions to Freeze Assets of Terrorism Financing Suspects
The Central Bank of Nigeria has ordered banks to freeze assets belonging to six individuals and four BDC operators accused of terrorism financing, following a government update to the national sanctions list.
OPay and the Expansion of Financial Access Across Nigeria
OPay is playing a critical role in Nigeria's push for financial inclusion by providing accessible, reliable, and secure digital payment solutions to millions of citizens, including those in underserved regions.
Naira weakens against dollar in both official and parallel markets
The Naira recorded losses in both official and parallel exchange markets on Wednesday, narrowing the price gap between the two sectors.
Zedcrest Wealth App Adds Stock Trading Functionality to Enhance Market Access
Zedcrest Securities has added stock trading to the Zedcrest Wealth App, allowing users to trade over 150 companies on the Nigerian Exchange with an initial three-month waiver on brokerage fees.
Nigerian Equities Market Climbs as Investor Wealth Grows by N1.64 Trillion
The Nigerian stock market sustained its upward momentum on Tuesday, adding N1.64 trillion in value as bullish sentiment pushed the All-Share Index up by 1.06 per cent.
SEC Authorizes Return of BGL Group Firms to Capital Market
The Securities and Exchange Commission has authorized three BGL Group companies to resume operations in the Nigerian capital market after meeting all regulatory requirements.
SEC Prohibits Unauthorized Dangote Refinery IPO Promotions
The SEC has issued a ban on the marketing of a purported Dangote Refinery IPO, stating that no such offering has been registered or approved by the regulator.
Oil Prices Dip Amid US-Iran Talks; Sterling Stabilizes Following Starmer Resignation
Oil prices declined on positive US-Iran diplomacy, while British markets remained steady following Prime Minister Keir Starmer's announcement that he plans to resign.