35 h. ago Investors cut Dollar holdings as FPIs renew interest in Nigeria

There are growing indications that local investors who previously piled into dollar assets are now trimming their holdings as Foreign Portfolio Investors (FPIs) renew interest in Nigeria’s financial markets. Analysts attribute this shift to tighter monetary policy, naira appreciation, and the lure of high-yield opportunities in naira-denominated assets. Nigeria’s aggressive interest-rate stance has driven yields […]

Politics

54 h. ago Q3 2025: UBA records N538bn profit after tax, robust balance sheet

Africa’s Global Bank, United Bank for Africa (UBA) Plc, has announced its audited results for the third quarter ended September read more Q3 2025: UBA records N538bn profit after tax, robust balance sheet

Economics

5 d. ago World Bank sees 7% drop in global commodity prices as oil glut expands

•Oil oversupply, weak growth to drive price decline •Says fertilizer costs to rise 21% •Warns Nigeria to brace for fiscal shifts Global commodity prices are forecast to fall by seven per cent in both 2025 and 2026, reaching their lowest level in six years as a widening oil glut and sluggish global growth continue to […] The post World Bank sees 7% drop in global commodity prices as oil glut expands appeared first on Tribune Online.

Politics

8 d. ago FCMB, Knight Frank woo Nigerian investors with offshore property deals

First City Monument Bank (FCMB) has teamed up with global property consultancy Knight Frank to promote investment opportunities for Nigerians read more FCMB, Knight Frank woo Nigerian investors with offshore property deals

Economics

1 week ago Wyrr Becomes One of Canada’s First Registered PSPs — Building a Globally Connected Payment Network

Wyrr, a next-generation global payments infrastructure company, today announced that the Bank of Canada has officially registered it as a read more Wyrr Becomes One of Canada’s First Registered PSPs — Building a Globally Connected Payment Network

Politics

1 week ago UBA, Renewvia Strengthen Nigeria–Norway Clean Energy Collaboration

In a significant stride toward deepening economic ties between Nigeria and Norway, Africa’s Global Bank, United Bank for Africa (UBA) has partnered with Renewvia Solar Nigeria to deploy renewable energy solutions across 25 UBA branches in five Nigerian states. The initiative was formalised at the official Ribbon Cutting ceremony held at the UBA Oba Akran […]

Politics

1 week ago Gold rises by 60% YTD as central banks globally shift reserves away from US dollar assets.

Gold has emerged as the world’s best-performing asset in 2025, soaring 60 percent year-to-date to a record high of $4,381 per ounce, as central banks across the globe shift reserves away from US dollar-denominated assets toward the precious metal. Proshare market Intelligence report notes that  while other nations are capitalising on the global gold boom,

Politics

2 w. ago How CBN aims to attract global investors amid monetary policy easing

As Nigeria enters a new era of monetary policy easing, the Central Bank of Nigeria (CBN) is positioning itself to read more How CBN aims to attract global investors amid monetary policy easing

Politics

3 w. ago N68bn National Arts Theatre remodelling: CBN, Bankers’ Committee investing in Nigeria’s cultural future

By Kehinde Aderemi The renovation of the Wole Soyinka Centre for Culture & Creative Arts (National Arts Theatre) with N68 billion by the Central Bank of Nigeria (CBN)-led Bankers’ Committee opens a new chapter for global relevance for Nigeria’s arts and culture. The project, championed by the Central Bank of Nigeria (CBN), in collaboration with […] The post N68bn National Arts Theatre remodelling: CBN, Bankers’ Committee investing in Nigeria’s cultural future appeared first on The Sun Nigeria.

Politics

3 w. ago Sterling Bank’s Switch partners Thunes to enable free diaspora remittances

Switch, Sterling Bank’s cross-border payments and diaspora banking platform, has partnered with Thunes, a global payments network based in Singapore. read more Sterling Bank’s Switch partners Thunes to enable free diaspora remittances

Politics

4 w. ago Moody’s flags profitability risks for banks after CBN rate cut

Tribune Online Moody’s flags profitability risks for banks after CBN rate cut Global credit ratings agency Moody’s Investors Service has cautioned that Nigerian banks could face renewed profitability pressures following the Central Bank of Nigeria’s (CBN) recent decision to cut the Monetary Policy Rate (MPR) to 27 percent from 27.5 percent. The CBN said the 50-basis-point reduction was aimed at sustaining disinflation, encouraging credit expansion, and stimulating […] Moody’s flags profitability risks for banks after CBN rate cut Tribune Online

Politics