Money Market

Citi Increases Capital to Meet CBN’s New Capital Requirement

October 8, 2025/Citi Nigeria Key Highlights: • Citibank Nigeria Limited (Citi) meets the Central Bank of Nigeria’s (CBN) N200 billion capital requirement for national commercial banks. • Underscores Citi’s 41-year presence in Nigeria as a trusted advisor and growth partner. • Strengthens Citi’s capacity to expand financing in critical sectors: […]

N21Trn Illusion: How Banks’ Appetite for Government Debt Chokes Growth

October 8, 2025 By Blaise Udunze In a healthy economy, banks serve as the arteries through which capital flows to productive enterprises, creating jobs, stimulating innovation, and driving national prosperity. In Nigeria, however, the reverse has become true as the financial system now thrives not by financing growth, but by […]

Crypto Security Failures Highlight Urgent Need for Stricter Safeguards, Says D24 Fintech

October 6, 2025/Spreckley Recent breaches reveal how exchanges can prevent catastrophic losses through better protection The crypto industry is facing a fresh reckoning over security following a series of high-profile breaches. Some of the largest breaches included hackers stealing $1.5bn from Bybit, Phemex losing out on $69m in a crypto […]