July 2026

Nigeria must deepen reforms to unlock opportunities – Okonjo- Iweala Nigeria must sustain its macroeconomic reforms and ensure they translate into jobs and improved living standards if it is to benefit from shifts in global trade, according to the Director-General... Read More →

Nigeria’s consumer credit drops 20% to N3.8tn Nigeria’s consumer credit declined for the first time in six years, falling by 19.89 per cent to N3.78tn in 2025 from N4.72tn a year earlier, as elevated interest rates dampened household borrowing, according... Read More →

Bank recapitalisation must deliver cheaper, safer financial services – EFInA Nigeria’s banking sector recapitalisation will only achieve its purpose if the stronger capital base translates into visible improvements in the daily experiences of consumers, according to the Chief Executive Officer... Read More →

Stock market rebounds with N482bn gain The Nigerian equities market rebounded modestly on Tuesday, reversing the previous session’s marginal decline as renewed buying interest lifted the overall market capitalisation by N482bn. The All-Share Index gained 745.81 points, representing an increase... Read More →

Reps applaud SEC’s fiscal reforms, revenue growth The House of Representatives has commended the Securities and Exchange Commission for enhancing its fiscal sustainability through cost-cutting measures and improved revenue generation. Deputy Chairman of the House of Representatives Committee on Finance,... Read More →

AVA Capital set for NGX Main Board listing AVA Capital Plc, an integrated financial services group, will be admitted to the main board of the Nigerian Exchange Limited on 31 July 2026, by way of listing by introduction. The company,... Read More →

Banks, fintechs to explore stablecoin opportunities at summit Nigeria’s banking, fintech and digital asset sectors are moving to define the next phase of stablecoin adoption as industry players prepare to converge in Lagos for discussions on how digital currencies can... Read More →

Nigeria’s net foreign liabilities climb to $90.2bn Nigeria’s net foreign liability position rose by $7.5bn to $90.2bn in 2025, as foreign investors’ claims on Nigerian assets increased faster than the country’s investments abroad, according to data from the Central Bank... Read More →

GTCO, Zenith top FUGAZ in capital adequacy ratio Guaranty Trust Holding Company Plc and Zenith Bank are leading Nigeria’s biggest banks in capital adequacy ratio in the first quarter of 2026. The CAR compares a bank’s available capital to its... Read More →

FX turnover hits $4.4bn as large deals spur speculation Nigeria’s foreign exchange market recorded its strongest weekly performance of 2026 as turnover in the spot and derivatives segments reached the $4.4bn mark for the first time. Transactions climbed 83.4 per... Read More →