Banking

SEC flags ₦753bn commercial-paper surge as firms tap short-term funding

Reporting by The Nation indicates Nigeria’s capital-market regulator says companies raised over ₦753bn through commercial paper issuance within months, poi…
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Banking

NIRSAL says 2025 credit guarantees crossed ₦100bn as banks expand agribusiness lending

According to Punch, NIRSAL Plc says it is closing out 2025 with more than ₦100bn in approved credit guarantees for agriculture and agribusiness loans, posi…
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Banking

FX reserves climb by $4.39bn in 12 months, CBN data shows

Nigeria’s external reserves reportedly rose by $4.39bn year-on-year to about $45.24bn, raising expectations of steadier FX buffers.
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Banking

States and LGs cut bank exposure by ₦547.5bn as FAAC inflows rise

States and local councils reduced bank borrowings by about ₦547.5bn in a year, aided by bigger FAAC inflows, according to CBN bulletin data cited by multiple outlets.
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Banking

Ground-handling mishap dents new Air Peace aircraft, sparking delays and calls for accountability

Air Peace says a ground-handling incident damaged a newly inducted aircraft in Lagos, disrupting flights and renewing calls for stronger ramp-safety accountability.
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Banking

Budget review shows 20 states spent ₦494bn on debt service and foreign trips in nine months

Punch reports a budget analysis showing 20 states spent about ₦494bn on debt service and foreign travel in the first nine months of 2025.
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Banking

OPay disowns festive ‘cash giveaway’ rumor and urges users to stop sending money to strangers

Punch reports OPay debunked a viral giveaway claim and urged users to avoid transfers to strangers or sharing sensitive details.
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Banking

FAAC windfall helps states cut bank exposure by over ₦547bn in one year

Punch reports states and LGs cut bank debts by about ₦547.5bn, helped by stronger FAAC inflows.
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Banking

Guinea Insurance Maps N15bn Capital Raise as Recapitalisation Pressure Builds

Guinea Insurance plans a major capital raise as recapitalisation requirements tighten, signalling potential consolidation across Nigeria’s insurance sector.
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Banking

CBN Data Shows Drop in Diaspora Remittance Inflows via IMTOs

CBN figures show formal remittance inflows via IMTOs falling, raising fresh questions about FX liquidity and incentives to route money through official channels.
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