Economy & Market
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80CBN Unveils New Forex Manual to Boost Market Liquidity
The Central Bank of Nigeria on Friday launched the fourth edition of its Foreign Exchange Manual, with the revised framework scheduled to...
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141Inflation Risks Remain Tilted to the Upside
According to the National Bureau of Statistics (NBS), the headline inflation rose for the second month in a row, increasing by 31bps...
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133Inflation Rises for the Second Consecutive Month to 15.69%
Nigeria’s headline inflation rose by 31bps to 15.69% y/y in April (March: 15.38% y/y). On the other hand, on a month-on-month basis,...
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135Stocks Drop, Bond Yields Climb on Inflation Woes
Stocks fell with bonds after President Donald Trump said the US doesn’t need to reopen the Strait of Hormuz, deepening concerns in...
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125
FX Inflows Hit $112b as Private Capital Drives Nigeria’s Dollar Market
Nigeria’s foreign exchange market recorded a major structural shift in 2025, as total inflows surged to $112.27 billion, with private-sector (autonomous) sources...
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132Nigeria Cannot Borrow its Way to Development –Oyedele
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Tuesday said Nigeria could no longer rely mainly on...
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89CBN Order: Four Banks Release 321,181 Dormant Accounts
Four banks have published details of no fewer than 321,181 dormant accounts following a directive by the Central Bank of Nigeria, The...
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144CBN, FRACE Move to Safeguard Non-Interest Banking Sector Amid New Risks
The Central Bank of Nigeria has moved to strengthen governance standards and regulatory oversight in Nigeria’s non-interest financial sector amid growing concerns...
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141Cardoso Engages Directors on Post-Recapitalisation Stability
The Central Bank of Nigeria (CBN) has stressed the role of directors in navigating the post-recapitalisation landscape, noting that the reform was...
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133CBN Pushes States to Cut Reliance on Overdrafts
The Central Bank of Nigeria has urged state governments to reduce their reliance on overdrafts and short-term borrowing, warning that reckless fiscal...
