April 2026

Forex traders blame fiscal indiscipline, budget overlap as naira volatility worsens  Forex traders have attributed the worsening volatility of the naira at the parallel market to fiscal indiscipline and overlapping budget cycles by the Federal Government. This is according to... Read More →

CBN alerts public to fraudulent links targeting personal bank accounts  The Central Bank of Nigeria (CBN) has warned members of the public about the circulation of fraudulent messages and links designed to gain access to personal bank accounts. The warning... Read More →

Tinubu sacks Wale Edun, Dangiwa as ministers President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, removing the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Minister of Housing and Urban... Read More →

Seven  Banks’ Total Assets Hits N147.2trn on Increased Capital Inflows, Recapitalisation On the back of increased capital inflows, enhanced lending strategies, and ongoing recapitalisation, seven listed banks on the Nigerian Exchange Limited (NGX), recorded N147.2 trillion total assets in 2025, about... Read More →

UACN lists N54.03bn bond on NGX UAC of Nigeria Plc has listed its N54.03bn Series 1 bond on Nigerian Exchange Limited, underscoring the Exchange’s growing profile as a multi-asset platform and providing the company with access to long-term capital. The... Read More →

Naira weakens to N1,349/$ as US dollar falls on Iran talks  The naira depreciated to N1,349/$ on Monday, down from N1,342.5/$ recorded at the close of trading on Friday. This is according to data published on the Central Bank of... Read More →

NGX extends trading hours The Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00am to 4:00pm, effective Monday, 27 April 2026. The move is designed to deepen market liquidity, enhance price discovery, and broaden investor access.... Read More →

Shareholders hail BUA’s corporate governance Shareholders have commended the corporate governance leadership style of the chairman of BUA Group, Abdul Rabiu, urging other business leaders to emulate his compassionate approach to staff and stakeholders’ welfare. The shareholders said Rabiu has... Read More →

CBN tightens grip as interbank deficit hits N4.1tn In a strategic move to curb rising food and fuel prices, the Central Bank of Nigeria has tightened its grip on the financial system, pushing the interbank deficit to N4.1tn. By vacuuming... Read More →

Nigeria Intensify Efforts to Deepen Monetary Cooperation, Financial Integration across Africa Nigeria has stepped up efforts to host the African Union (AU) African Monetary Institute (AMI), signalling a renewed push toward deeper monetary cooperation and financial integration across the continent,... Read More →