Economy & Market
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284No Default Since Adoption of T+1 Settlement –SEC
The Securities and Exchange Commission (SEC) has said the adoption of the one-day transaction settlement cycle, known as T+1, is progressing smoothly...
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285Real GDP Expands by 4.43% Y/Y in Q2-26
According to the National Bureau of Statistics (NBS), Nigeria’s economy grew by 4.43% y/y in Q2-26, up from 3.89% y/y in Q1-26....
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258Remittances Hit Record $947m, Near $1b Target
Nigeria’s remittance inflows through International Money Transfer Operators (IMTOs) rose to a record $947 million in July 2026, bringing the country within...
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344FTSE Russell Restores Nigeria to Frontier Market Status After Three-Year Exit
Nigeria is set to reclaim its place in the global investment map as international index provider, FTSE Russell, announced moves to restore...
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330NIBSS: BVN Enrolment Gains Momentum, Nears 70m
Nigerians’ appetite for stronger digital identity protection has pushed Bank Verification Number (BVN) enrolments to 69,972,475 as of August 23, edging closer...
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13Crude Imports by Domestic Refineries Jump 151.5% in July –NMDPRA
Crude oil imports by domestic refineries rose by 151.5 per cent to 5.13 million barrels in July 2026, from 2.04 million barrels...
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299Stocks Rise in Runup to Nvidia, Oil Extends Slide
Stocks rose as Asian semiconductor makers advanced ahead of Nvidia Corp.’s results, with traders looking to the chip bellwether’s earnings for the...
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115NGX Transactions Rise 38% to ₦2.37tr in July, Up 30% Year-on-Year
Trading activity on Nigerian Exchange Limited (NGX) rose significantly in July 2026, with total transactions increasing to N2.37 trillion, representing a 38.17...
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103
SEC Proposes ₦1m Cap Per Issuer, ₦10m Yearly Limit for Retail Digital-Asset Investments
The Securities and Exchange Commission (SEC) said it has proposed limits on how much retail investors can put into digital asset offerings,...
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435CBN Pushes Wider Adoption of Digital Payment Channels
The Central Bank of Nigeria has called for greater adoption of alternative payment channels to expand access to financial services and stimulate...
