By Esther Ososanya Nigeria may be haemorrhaging more than $18 billion annually to illicit financial flows (IFFs), but the federal government is now drawing a bold red line. At the 2025 National Conference on Illicit Financial Flows held in Abuja, government officials, tax authorities, global experts, and civil society leaders came together with one shared …
With Nigeria set to roll out its long-awaited open banking policy in August 2025, hopes are high, but so are concerns. The question on the lips of everyone is this: will this digital shift finally bring financial services to over 38 million unbanked Nigerians? Or will it widen the gap between those online and those …
By Sunday Michael Ogwu Bitcoin has soared to a new all-time high of $121,000, posting a 24-hour gain of 1.76%, in a rally driven by surging institutional interest and mounting optimism over regulatory clarity. This historic milestone comes just ahead of Crypto Week, a key event expected to spotlight growing global interest in digital assets. …
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has called for deeper strategic unity among African nations, as the African Export-Import Bank (Afreximbank) grows its capital assets to over $40 billion in 2024. Cardoso made the call on Wednesday while addressing participants at the Afreximbank 2025 Annual Meetings in Nassau, The Bahamas, themed …
The Securities and Exchange Commission (SEC) has emphasized the urgent need for Nigeria to leverage its large and youthful population to boost financial inclusion through increased investment participation by 2030 — or risk widening inequality and economic stagnation. Speaking at the United Capital Asset Management Investment Forum on Wednesday in Lagos, the Director-General of the …
