Busola Jeje

In September 2020, the Economic Community of West African States (ECOWAS) agreed to postpone the adoption of its single currency “eco”, from 2020 to an undetermined future date. As it stands, it remains unclear when the eco’s adoption will finally se...

Recently, the Central Bank of Nigeria (CBN) held the treasury bills auction (mostly for locals), with rates across all tenors dropping below 1%, the lowest level seen since 2001. Accumulate funds in a savings account at 0.115% (at 1% of MPR). Simply...

In what could easily be called Nigeria's "fintech deal of the decade", Paystack — a homegrown payments solution provider — is in the process of being acquired by US fintech giant Stripe. Although the terms of the deal have not been disclosed, reports...

Shortly after the 2008/09 Global Financial Crisis, the ‘universal banking’ model was halted in Nigeria, with banks given two major options: spin off non-banking subsidiaries or adopt a holding company (holdco) structure. For context, annual pension c...

In a push to protect investors’ interests and maintain the integrity of financial markets, Nigeria has joined the list of countries governing the activities of digital assets, such as crypto-token and crypto-coin investments. For the 12 months up to...

Nigeria’s headline inflation touched a 29-month high of 13.22% in the month of August – a 40 bps increase from July and 25 bps higher than consensus expectation (12.97%). The inflation outlook paints a dire picture for real returns on NGN instruments...