October 30, 2025/CSL Report Authorities have reiterated the directive to reintroduce a 10% withholding tax (WHT) on short-term securities. The directive is expected to have a mixed impact across different market segments; however, overall demand for short-term instruments may weaken, while yields could experience a modest upward adjustment. With Federal […]
Author: InvestAdvocate
SEC Partners CBN, EFCC To Track, Freeze Illicit Digital Wallets
October 30, 2025/SEC Nigeria The Securities and Exchange Commission (SEC) has announced a collaboration with the Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) to track and freeze illicit digital wallets used for money laundering and other financial crimes. The Director-General of the Commission, Dr. […]
Nigerian Banks and the Culture of Concealment: How Financial Results Are Being Cooked to Hide Losses
October 30, 2025 By Blaise Udunze In Nigeria’s banking industry, profit has become more a press release than a performance. Every results season, the same storyline plays out with record profits, rising assets, and promises of “strong fundamentals.” Yet, beneath the eye-catching headlines lies a quiet deception of a pattern […]
