Nigeria Climbs to Eighth in Bloomberg Africa Investment Rankings
Nigeria has jumped four places to rank eighth in the 2026 Bloomberg Economics Investment Risk-O-Meter, overtaking several regional peers as economic reforms improve its risk profile.
Category: Money
Nigeria Leads Massive African Interest Rate Cut Wave
Nigeria’s central bank spearheaded a significant monetary easing cycle in September, contributing 350 basis points to a total of nearly 1,000 basis points in rate cuts across Africa.
FGN Savings Bond rates decline as October 2026 offer opens
The Debt Management Office (DMO) has launched the October 2026 Federal Government of Nigeria (FGN) Savings Bond offer, with interest rates for the three-year instrument falling to 14.071% per annum.
Absa Becomes Africa’s First Bank to Launch Institutional Crypto Custody
Absa Group has launched Africa’s first institutional-grade digital-asset custody service, moving to capture a significant share of South Africa’s $1.5 billion cryptocurrency market following recent regulatory milestones.
IFC and AFIS Push New Financing Model to Unlock African Capital for Growth
The International Finance Corporation and the Africa Financial Industry Summit have launched a push for a new financing model aimed at mobilising local capital for African growth.