FirstBank Commits Over N6bn Annually to Cybersecurity as AI Threats Intensify
FirstBank says it spends more than N6 billion annually on cybersecurity, highlighting the growing financial cost of protecting Nigeria's rapidly ...
CBN Cuts OMO, Treasury Bill Yields as Banking Liquidity Hits N7.35tn
The Central Bank of Nigeria has continued to push down yields on short-term securities as excess liquidity in the banking ...
Nigeria’s FX Utilisation Surges 91% to Six-Year High of $50.9bn
Nigeria’s foreign exchange utilisation climbed to $50.93 billion in 2025, its highest annual level in six years, as businesses, importers ...
NGX Extends Losing Streak as Market Sheds N1.67tn, ASI Falls 1.05%
The Nigerian equities market extended its bearish run for a third consecutive trading session on Wednesday, September 9, as widespread ...
Nigerian banks place N4.4 trillion surplus funds with CBN as liquidity remains high
Nigerian banks have placed about ₦4.4 trillion in surplus funds with the Central Bank of Nigeria (CBN) through its Standing ...
Dangote Refinery begins final steps towards Africa’s biggest IPO
The Dangote Group is taking a major step towards listing its petroleum refinery on the Nigerian capital market as it ...
Wema Bank upgrades ALAT and introduces voice banking with AI assistant
Wema Bank has strengthened its digital banking offering through an upgraded version of its ALAT platform, introducing voice banking and ...
UBA expands digital banking with instant account-opening platform
United Bank for Africa (UBA) is continuing to strengthen its digital banking services with an online platform that allows customers ...
CBN cuts Treasury Bills yield below 17% as investors submit ₦3.35tn in bids
The Central Bank of Nigeria (CBN) has cut the interest rate on one-year Treasury Bills below 17 per cent, marking ...
GTCO, Zenith, First Holdco, Aradel, MTNN, Dangote Cement, others make FTSE Russell eligible stocks for Frontier Index Series
Ten major Nigerian companies have been confirmed as eligible stocks for the FTSE Russell Frontier Index Series, marking another major ...
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