Nigeria’s debt interest payments surge 37.5% to N7.7trn in H1’26 — World Bank
Nigeria’s debt interest payments surged by 37.5 per cent to N7.7 trillion in the first half of 2026 from N5.6 trillion in the corresponding period of 2025.
Pension Funds ramp up investments in foreign assets
By Rosemary Iwunze Closed Pension Fund Administrators, CPFAs, are raising their investments in foreign securities at the backdrop of a sustained fluctuation in exchange rate. The CPFAs increased their investments in foreign money market instruments by 12.4 per cent, Month-on-Month, MoM, to N94.1 billion in August 2025 from N83.7 billion in July 2025. The report of the […]
SEC DG advocates financial independence through capital market investment
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged Nigerians to leverage opportunities in the capital market to build both personal and national financial independence as the country marks its 65th Independence Anniversary.
Independence Day: No more account maintenance fees – Sterling Bank
Sterling Bank has once again redefined the boundaries of customer- first banking in Nigeria by scrapping Account Maintenance Fees (AMF) across all personal accounts.
Banks’ deposits with CBN rises 568% to N146.13 trillion in 9mth
By Elizabeth Adegbesan Banks’ deposit with the Central Bank of Nigeria, CBN, grew by 568.7 percent, YoY, to N146.13 trillion in the first nine months of the year (9m’25) from N21.85 trillion in the corresponding period of 2024 (9m’24), reflecting the enormity of idle cash (excess liquidity) in the banking system. The CBN has two short term […]
Nigeria at 65 and Tinubunomics: Pathways to economic resurgence or looming rigmarole?
At 65 many public affairs commentators believe Nigeria has come of age to show significant milestones in its match to development.
