Financial markets, banking, economic policy, and business news.
Economic experts call for regulatory consistency in Nigeria's Special Economic Zones following $500 million in earnings, warning that policy volatility threatens investor confidence and manufacturing sector expansion.
European business leaders and multinational firms operating in Nigeria have called for consistent economic regulations, warning that policy unpredictability threatens the country's ability to attract long-term foreign capital and sustain investor confidence.
Pan-African payments firm Nairagram completed a N10 billion commercial paper issuance within 48 hours, while Nigeria recorded a $14 billion investment increase driven primarily by short-term portfolio flows rather than foreign direct investment.
Nigeria's stock market reached an all-time high of N122 trillion in early February trading, while technical indicators suggest caution. Separately, DStv's SuperSport division confronts operational changes under Canal+ ownership.
Multiple African economies are implementing monetary easing policies as inflation pressures subside, with Zimbabwe achieving sub-10% inflation for the first time in nearly three decades while Nigeria reports sharp food price deceleration.
The Federal Government's February 2026 Savings Bond attracted ₦5.9 billion in subscriptions, while fintech firm Nairagram closed a ₦10 billion Commercial Paper issuance within 48 hours, signaling sustained investor appetite for Nigerian fixed-income instruments.
Nigeria's Economic and Financial Crimes Commission arraigned a corporate executive and his wife for alleged investment fraud involving N740 million, while Kenyan authorities detained three suspects wanted in the United States for financial crimes ahead of extradition proceedings.
Fiscal disputes intensify across the continent as regional governors challenge central authorities over revenue distribution, with Kenya's counties demanding Sh534.96 billion and Nigeria's opposition-led states alleging political discrimination in federal disbursements.
Monica Cash processes over N500 billion in three years of operations while the Nigerian-British Chamber of Commerce presents economic reforms to UK investors weighing emerging market exposure amid private credit opportunities.
The Nigerian Exchange recorded its strongest single-day performance in 2026, surging 4.36% to close above 190,000 points for the first time, while 26 companies now hold trillion-naira valuations with combined market capitalization of N110.54 trillion.
Nigeria's banking sector attracted $16.78 billion in capital importation during the first nine months of 2025, with major lenders completing Central Bank-mandated recapitalization requirements, though ECOWAS investors contributed just 0.01% of total inflows.
From a sophisticated eCitizen heist in Kenya to billion-naira money laundering in Nigeria, recent prosecutions expose the sprawling nature of financial crime across the continent, where insider access and construction sector fraud dominate courtroom dockets.
Nigerian regulatory bodies are strengthening oversight mechanisms with the Financial Reporting Council enforcing mandatory audit firm registration from April 1, while the electricity regulator introduces structured complaint resolution protocols.
The Financial Institutions Training Centre will gather industry leaders in March to address workforce value delivery challenges as automation and digital tools reshape traditional banking roles across Zimbabwe's financial services landscape.
A House of Representatives committee has revealed Nigeria loses approximately N8 trillion yearly through tax concessions, waivers, and exemptions, representing substantial revenue leakage that undermines fiscal capacity.