Economy & Market
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349Exporters Drive 43% of FX Inflows
Exporters emerged as the dominant source of foreign exchange liquidity in Nigeria’s official market last week, accounting for 43.30 per cent of total...
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470NGX Introduces New Thresholds for Share Price Changes
The Nigerian Exchange (NGX) has introduced a revised pricing framework that will require specific volumes of shares to be traded before the...
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442Stocks Retreat, Dollar Gains as Traders Shun Risk
Global stocks fell in holiday-thinned trading as investors weighed whether a 60-day diplomatic push between the US and Iran could yield a...
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409Oil 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...
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409UAE 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...
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569CBN 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...
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378CBN 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...
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345Consumer 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...
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353CBN 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...
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427Poverty 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,...
