Economy & Market
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425CBN Orders Banks to Localise Payments Data
The Central Bank of Nigeria has directed banks, fintech firms and other payment service providers to store payment transaction data generated within...
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378Consumer Price Momentum to Ease in the Near Term
Based on the recently released data from the National Bureau of Statistics (NBS), Nigeria’s headline inflation rose by 24bps to 15.93% y/y...
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381CBN Proposes Stricter Regulation of Banks, Affiliated Companies’ Business Dealings
The Central Bank of Nigeria (CBN) has issued draft guidelines that would impose stricter controls on transactions between banks, financial institutions and...
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457Poverty Level Hits 63% Despite Nigeria’s Economic Reforms –IMF
The International Monetary Fund (IMF) has disclosed that despite major economic reforms undertaken by the Nigerian government over the last three years,...
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613Nigerian Stock Market Kicks Off Week Bullish
EQUITIES The Nigerian equities markets kicked off the week on a bullish note as gains in MTNN (+1.9%), FIRSTHOLDCO (+2.6%) and OANDO...
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392CBN Tightens FX Rules, Imposes ₦100m Fine on Banks
The Central Bank of Nigeria (CBN) has unveiled a sweeping revision of its foreign exchange regulatory framework, introducing a N100 million penalty...
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527Stock Losses Build as AI Rally Cools, Oil Gains
Stocks and bonds dropped as investors faced a trio of headwinds with a pullback in the artificial-intelligence trade, mounting bets on a...
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456Buoyed by Portfolio Inflows, Capital Importation Increases to $10.37b in Q1
The country’s capital importation rose to $10.37 billion in the first quarter of the year (Q1 2026) compared to the $6.44 billion...
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674Naira Misses Africa’s Top 10 Spot in May Despite FX Stability
Despite a relatively stable foreign exchange market and a significant increase in the country’s external reserves, the naira narrowly missed out on...
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640CBN Launches PSV-2028 to Drive Digital Economy Growth
The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision 2028 (PSV-2028), describing the country’s payments infrastructure as a...
