Economy & Market
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96CBN 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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356Stock 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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330Buoyed 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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528Naira 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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493CBN 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...
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452Nigeria’s Capital Market Leads with Transition to T+1 Settlement Cycle
The Nigerian capital market on Monday achieved a historic milestone with the successful transition to a T+1 settlement cycle, becoming the first...
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429FDI Drops 80% as Investors Favour Bonds
Foreign direct investment into Nigeria plunged by 80 per cent in January 2026 as foreign investors increasingly channelled funds into bonds and...
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452Banks: Bad Loans Rise After CBN Ends Forbearance
Bad loans in Nigeria’s banking sector rose to 8.03 per cent in January 2026, seven months after the Central Bank of Nigeria...
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390
SEC, Operators Complete Preparations for Faster Trade Settlement
Capital market operators have intensified extensive software and technological modifications across internal workflows, securing operational readiness ahead of the Nigerian capital market’s...
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290Nigeria’s Economic Growth May Weaken in 2027, AfDB Projects
The African Development Bank Group has projected that Nigeria’s economic growth will slow to 3.7 per cent in 2027 as easing global...
