Economy & Market
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235Inflation Fight, FX Stability Non-Negotiable –Cardoso
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has declared that the fight against inflation and the push for foreign exchange...
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233Nigeria’s IDA Debt Falls $200m Q1, Rises 6.9% Year‑on‑Year –World Bank
The World Bank said Nigeria’s exposure to its concessional lending arm, the International Development Association (IDA), fell by $200 million in the...
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391CBN Gives Banks More Time as Legal Hurdles Stall Recapitalisation
Central Bank of Nigeria (CBN) has said that deposit money banks (DMBs) yet to meet the ongoing recapitalisation requirements will continue operations...
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228Nigerian Stock Market Rebounds as ASI Up 0.1%
EQUITIES The Nigerian Equities market reversed yesterday’s loss as the gains in UNILEVER (+9.8%), UACN (+3.8%), and INTBREW (+3.7%) drove a 0.1%...
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233World Bank Targets $23b Private Funding for Africa through Stronger Guarantees
The Multilateral Investment Guarantee Agency (MIGA) is ramping up efforts to unlock private capital for Africa, with plans to more than double...
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205We’re Not Propping Up Naira –CBN
The Central Bank of Nigeria (CBN) has dismissed suggestions that it is heavily intervening in the foreign exchange (FX) market to support...
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214SEC Fixes June 1 for T+1 Settlement Cycle Transition
The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions in the Nigerian...
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189FGN Bond Subscriptions Drop 45% Despite Higher Yields
Investor appetite for Federal Government bonds weakened in May 2026 as total subscriptions dropped by 45.6 per cent month-on-month, despite rising yields...
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259Stocks Drop as Higher Bond Yields Weigh, Oil Falls
Technology stocks led losses in Asian equity markets as higher bond yields around the world put a question mark on valuations after...
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230AfDB Approves $200m Lifeline for BOI to Power SMEs, Jobs, Green Growth
The African Development Bank Group has approved a $200 million financing facility for the Bank of Industry (BOI), in a major push...
