Financial Markets

Nigeria’s N1.1 Trillion Sukuk Bonds: Transforming Infrastructure and Driving Islamic Finance Growth

  Since 2017, the Federal Government of Nigeria has issued six Sovereign Sukuk bonds worth N1.1 trillion ($657.6 million), financing 124 road projects across 5,820...

World Bank Approves $500M Loan to Boost Nigeria’s Education and Healthcare Sectors: Key Benefits and Challenges

The Federal Government is to benefit from a $500 million loan facility from the World Bank to finance the Human Capital Opportunities for Prosperity...

Moniepoint MD Warns Against Publicly Sharing Bank Details Amid Rising Fraud Concerns

The Managing Director of Moniepoint, one of Nigeria’s leading financial technology platforms, recently emphasized the critical need for users to safeguard their account details...

Chinese Cement Giant Huaxin Disrupts Nigerian Market, Challenges Dangote and BUA

Chinese multinational Huaxin Cement is set to enter the competitive Nigerian cement industry through its acquisition of an 84% stake in Lafarge Africa from...

SEC Adopts Blockchain Technology – A Transformative Shift in Transparency and Growth for Nigeria Capital Market

The Securities and Exchange Commission (SEC) of Nigeria has recently taken bold steps to integrate blockchain technology into the country’s capital market, highlighting its...

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