August 27, 2028/CSL Research The Central Bank of Nigeria (CBN) has mandated all participants in the payment ecosystem—including banks, mobile money operators, switches, payment service providers, and super-agents—to fully migrate to the ISO 20022 messaging standard and implement mandatory geo-tagging of payment terminals. According to the CBN circular issued on […]
Updates
Afreximbank’s A-/Stable Rating Confirmed by Japan’s Credit Rating Agency
The rating reflects JCR’s assessment of Afreximbank’s strong strategic positioning, robust risk management framework, consistent profitability, prudent liquidity policies and resilient capital base August 27, 2025/Afreximbank Japan Credit Rating Agency, Ltd. (JCR) has affirmed African Export-Import Bank’s A- issuer credit rating with a stable outlook. The rating reflects JCR’s assessment […]
Rates Rebound Amid Increased FGN Bond Supply
August 27, 2025/Coronation Research Summary The Debt Management Office held its monthly auction of FGN Bonds on Monday (25th Aug ’25). It offered N200.00bn (vs. N80.00bn at the last auction) through the new issuance of the 17.95% FGN AUG 2030 (5-year) and the reopening of the 17.95% FGN JUN 2032 […]
