13 results for “CBN”
The CBN has granted JPMorgan approval-in-principle to set up JPMorgan Merchant Bank Nigeria Limited. It is not yet a licence, but it is a strong vote of confidence in Nigeria’s post-recapitalisation banking sector. Here is what it means for competition, for investors, and for the way big-ticket finance is done in Nigeria.
Transcorp Hotels reported a mixed set of results for the nine months to September 2026. Profit after tax rose 4.8% to ₦15.54bn and gross margin improved to 76.8%, despite a 2.6% fall in revenue. Beneath the headline, however, Q3 operating profit fell 13.1%, finance costs more than doubled, and the company burned ₦15.93bn from operations. Cash balances rose only because borrowings climbed to ₦54.96bn, while related-party receivables surged to ₦42.77bn. Our analysis looks at what is driving profit, whether the dividend is covered, and the questions investors should ask management.
Nigeria’s headline inflation slowed to 14.63% in September 2026, and monthly price growth was almost flat at 0.06%. But food inflation is still close to 20%, and energy inflation more than doubled. Here is what the NBS data means for bonds, T-bills, equities and the CBN’s next move.
Open Market Operations (OMO) Bills are short-term securities issued by the Central Bank of Nigeria (CBN) to manage liquidity in the banking system and influence money supply. Although primarily a monetary policy tool, they have also become an attractive investment option for institutional investors and high-net-worth individuals (HNIs). Now, you too can access the OMO Bills market as a retail investor and explore its potential to grow your wealth
Planning your finances for 2027? Discover how to invest ₦1 million in Nigeria to grow your wealth while managing inflation and investment risks. This practical guide explores five asset classes, including Nigerian stocks, Treasury bills, FGN bonds, money market funds, and real estate investment trusts (REITs). Learn how to build a diversified portfolio, compare conservative, balanced and growth-oriented investment strategies, and avoid common investment mistakes. Whether you are a first-time investor or an experienced investor reviewing your portfolio, find actionable insights to help you make informed investment decisions in Nigeria's changing financial market.
Treasury bills remain one of the most widely patronised money market instruments, appealing to both institutional and retail investors seeking relatively low-risk, short-term investment opportunities. Others include commercial paper, bankers' acceptances, repurchase agreements (Repos), and…
The CBN just delivered the largest single rate cut in its history — 350 basis points, taking the MPR from 26.50% to 23.00%. Here's what's driving the pivot, what it means for borrowers, lenders and investors, and where 247market expects capital to flow next.
OPay is reportedly targeting a $4 billion valuation for its U.S. IPO — and weighing a secondary listing on the NGX. Here's what's confirmed, what's still speculation, and whether the numbers actually justify the price tag.
Before you buy shares on the NGX, check for these 7 red flags — from weak corporate governance to erratic dividends — that separate solid Nigerian stocks from value traps.
Still letting your cash sit idle in a savings account earning next to nothing? Money Market Funds let you access the same short-term, high-quality investments banks and institutions use — with as little as ₦1,000, low risk, and returns of up to 20%+ per annum. Here's everything a beginner needs to know, including the 5 best-performing funds in Nigeria right now.
The CBN has reopened the OMO market to individuals, corporates and non-bank financial institutions through deposit money banks, while restoring Tenored Repo Operations and easing Discount Window restrictions for banks. This 247Market explainer examines what the reforms mean for Nigeria's money market, monetary-policy transmission, banks and retail investors—and how individuals can potentially use OMO Bills as part of a diversified short-term investment strategy.
Nigeria’s inflation is easing, the naira is more stable, interest rates are falling, and economic growth is improving. Yet many households and businesses continue to struggle with high living costs. This apparent contradiction is explained by one crucial distinction: disinflation is not deflation. Prices are still rising, only more slowly. This article explores why macroeconomic recovery has not yet translated into everyday financial relief and provides practical strategies for individuals, households, small businesses and investors to protect purchasing power, manage risk and position themselves for opportunities in Nigeria’s evolving economic environment.
Nigeria’s stock market fell 1.1% during the week ended August 14, as profit-taking weighed on major sectors and pushed the NGX All-Share Index to 242,619.2 points. Despite the pullback, the index remains up 55.9% year-to-date. Trading activity strengthened significantly, while the naira gained against the dollar and external reserves rose to $52.3 billion. This weekly market review examines NGX performance, sector movements, top gainers and losers, money-market conditions, fixed-income trends, oil prices and the key factors likely to shape the market in the coming week.