Blog
HIFI Secures $37M to Boost Stablecoin Payments and Tokenized Markets
HIFI has raised $37 million in a Series A funding round to enhance its stablecoin payment infrastructure and expand into tokenized capital markets, despite a challenging crypto market.
Nigeria Achieves N466.79 Billion Raw Material Trade Surplus in H1 2026
Nigeria's raw material trade balance has flipped to a N466.79 billion surplus in H1 2026, a significant turnaround from a N1.67 trillion deficit in H1 2025, driven by a 105.9% rise in exports and a decline in imports.
SEC Unveils Capital Market Master Plan 2.0 to Enhance Retail Investor Access
The SEC is set to launch the Capital Market Master Plan 2.0, aimed at increasing retail investor participation and leveraging technology for broader market access at its upcoming conference in Abuja.
NTB Stop Rates Plummet Following CBN's 350bps Rate Cut
The Central Bank of Nigeria's recent 350bps rate cut has led to a significant drop in stop rates for Treasury Bills, with the 364-day bill now at 15.89%. Demand remains high, particularly for the one-year bill, indicating a shift in the fixed-income market.
FG Raises N6.69 Billion from September Savings Bond with Up to 15.12% Interest
The Federal Government has successfully raised N6.69 billion via its September Savings Bond, offering interest rates of 14.12% and 15.12% for two- and three-year terms. This marks a significant increase in fundraising compared to previous months.
Learn Africa Announces Retirement of Director Egbichi Akinsanya After Six Years
Learn Africa Plc has announced the retirement of Egbichi Akinsanya from its Board of Directors, effective September 22, 2026, after six impactful years. The company commended her contributions to governance and strategic leadership.
Nigeria's FMDQ Exchange Sees N496.61 Trillion Turnover in 2026, Driven by FX and OMO
Nigeria's FMDQ Exchange reported a 16.43% rise in turnover to N496.61 trillion in 2026's first eight months, led by foreign exchange and government securities. Autonomous FX inflows are now a major contributor, signaling a shift away from central bank reliance.