Nigeria’s headline inflation rate slowed to 15.43 per cent in July from 15.91 per cent in June, but the latest Consumer Price Index data point to...
The Central Bank of Nigeria (CBN) has opened applications for the second cohort of its Regulatory Sandbox Programme, allowing fintechs, financial institutions and technology companies to...
President Bola Tinubu has said his administration’s economic reforms are helping to stabilise Nigeria’s economy after the Nigerian Exchange (NGX) Group disclosed that the market capitalisation...
Nigeria’s economy may be entering a new phase of credit expansion as banks increase lending, businesses step up borrowing and loan defaults decline, signalling that years...
Banks, foreign investors lock funds in 20.10% yields as CBN mops up liquidity to support naira and tame inflation
Nigeria’s FX market started August on a stronger footing, with the naira appreciating against the United States dollar despite a slowdown in trading activity at the...
For years, Nigeria’s foreign exchange market struggled with more than just dollar shortages. It was weighed down by fragmented exchange rate windows, opaque pricing, speculative activity...
Nigeria’s foreign capital inflows almost doubled in 2025 as ongoing foreign exchange market reforms and attractive domestic investment yields restored investor confidence, with total capital importation...
CBN Retains Interest Rate at 26.5 per cent as the Central Bank of Nigeria (CBN) opted to maintain its tight monetary policy stance amid rising geopolitical...
President Bola Tinubu has signed an Executive Order establishing a coordinated regulatory framework for cryptocurrencies and other virtual assets. The Order is bringing the Central Bank...
The Central Bank of Nigeria (CBN) has launched a new tracking system for bureau de change operators, called the BDC FX Tracker. Alongside it, the CBN...
Members of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) and private sector experts have raised fresh concerns that political spending ahead of the 2027...
The Central Bank of Nigeria (CBN) has reaffirmed that the standard N100 banknote remains legal tender across the country, following reports that some individuals and businesses...
By Àkànní Olúwaségún Michael The Central Bank of Nigeria (CBN) has drawn a clear line on how long it can suspend certain contractual rights when intervening...
By Àkànní Olúwaségún Michael The naira appreciated by 13.5 per cent against the United States dollar over the past year, closing May 2026 at N1,372/$ in...
The Central Bank of Nigeria (CBN) has extended the enforcement deadline for the mandatory geo-fencing of Point-of-Sale (PoS) terminals to August 1, 2026. With this, the...
By Àkànní Oluwáṣégun Michael Buried in the latest trading data from Nigeria’s Debt Management Office (DMO) is a number worth paying attention to: the country’s short-term...
When the Central Bank of Nigeria’s Monetary Policy Committee (MPC) gathered in Abuja for its 305th meeting, the pressure to raise interest rates again was intense....
By Àkànní Oluwáṣégun Michael The Central Bank of Nigeria on Wednesday retained its benchmark interest rate at 26.5 per cent, as the Monetary Policy Committee (MPC)...
“The economy is already under severe strain. Another rate hike could choke investment, weaken manufacturers, hurt SMEs, and worsen job losses."
