Fitch revises Nigeria’s outlook to positive, affirms ‘B’ rating
Fitch has revised Nigeria’s Long-Term Issuer Default Ratings outlook from Stable to Positive, citing the success of the sustained economic reforms and rising foreign exchange reserves.
Manufacturers shun bank loans over high interest rates
Against the backdrop of a high-interest-rate regime, leading manufacturers have scaled down bank borrowings significantly.
Leadway Pensure PFA commits to safeguarding contributors fund, grows AUM to N1.35tr
By Rosemary Iwunze Leadway Pensure PFA, one of the leading Pension Fund Administrators, in the country has grown its Assets under Management (AUM) to N1.35 trillion in the third quarter of 2025, Q3’2025.Committed to safeguarding contributors’ funds, Leadway Pensure also recorded robust returns on its multi-fund structure underpinning its market leadership.Analysis of a three-year compounded […]
Leadway Pensure PFA celebrates 20 years of trust, service, Innovation
By Rosemary Iwunze Leadway Pensure PFA, a Pension Fund Administrator in Nigeria, proudly celebrates its 20th anniversary. This milestone marks two decades of trust, exceptional service delivery and value creation in its mission to protect the financial wellness of Nigerian workers. Over the last 20 years, the PFA has served thousands of customers across Nigeria […]
CBN: FATF grey list exit lifts naira, as reserves cross $43bn
The financial markets have responded positively to the Financial Action Task Force (FATF) removal of Nigeria from its grey list of countries with money laundering and terrorist financing risks. The naira, foreign reserves and investors’ confidence have soared to new heights.
Capital Market: T+2 settlement cycle begins November 28 —SEC
By Obas Esiedesa, Abuja The Securities and Ex change Commission (SEC) has announced that Nigeria’s capital market will officially transition to a T+2 (trade date plus two days) settlement cycle for equities transactions with effect from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. Hitherto, […]
