Economy & Market
-
339Oil Exports Drive Nigeria’s Current Account Surplus to $4.98b
Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher...
-
340UAE Backs Long-Term Nigeria Investments, Trade Growth
The United Arab Emirates has said that its long-term economic commitments to Nigeria remain intact, citing growing trade volumes, increased investment activity...
-
459CBN Unveils Overnight Financing Rate
The Central Bank of Nigeria (CBN) has officially launched the Nigeria Overnight Financing Rate (NOFR), a new benchmark interest rate designed to...
-
274CBN 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...
-
262Consumer 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...
-
263CBN 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...
-
340Poverty 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,...
-
493Nigerian 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...
-
170CBN 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...
-
401Stock 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...
