Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’
The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
How to protect your money from bank fraud (1)
The non-bank fraudsters are not employees or officials of the bank. They are everyday people. Some of them may be former staff/officials of banks and hence have a good idea of the system
Nigeria’s inflation rate eased to 14.45% in November
Nigeria’s headline inflation rate eased by 1.6 percentage points to 14.45 per cent in November 2025, down from 16.05 per cent recorded in October 2025, marking the lowest level in five years.
PoS Terminals: CBN gives one month deadline for dual connectivity
By Elizabeth Adegbesan The Central Bank of Nigeria, CBN, has issued a one month deadline to Acquirers, Processors, Payment Terminal Service Aggregators and Payment Terminal Service Providers to establish dual connectivity Point of Sale transactions with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified Payment Services Limited (UPSL). The directive, according to CBN, was to […]
Nigeria’s trade balance rises 43% to $19.3bn in 9mths
By Elizabeth Adegbesan Nigeria’s trade balance rose by 43.8 percent year-on-year (YoY) to N19.32 billion in the first nine months of the year (9M’25) from $13.43 billion in 9m’25. Financial Vanguard analysis of data from the National Bureau of Statistics, NBS, report titled, ‘Foreign Trade in Goods Statistics’ showed that the value of exports outweighed imports during […]
Investors gain N1.5trn as stocks sustain upward trend
By Peter Egwuatu The Nigerian stock market sustained its upward trend last week with investors gaining over N1.5 trillion. The Nigerian Exchange Limited, NGX closed higher last week, deepening its recovery and reversing the weakness seen in November 2025, as buy interest resurfaced across major blue-chip and mid-tier counters. The bargain hunting in MTN led to […]
