August 2026

SEC sets 5pm cutoff for T+1 equities, commodities trade The Securities and Exchange Commission has fixed 5:00pm on the first business day after a transaction (T+1) as the settlement deadline for equities and commodities traded and settled through the Central... Read More →

NGX sheds N613bn as bearish momentum persists The Nigerian Exchange Limited closed trading on Thursday on a slightly bearish note, extending a multi-day pullback. The All-Share Index declined by 949.71 points, or 0.39 per cent, to close at 243,017.38 points,... Read More →

Recapitalisation to drive H2 2026 lending, tech expansion Nigeria’s banking industry is heading into the second half of 2026 with improved capital positions after completing the Central Bank’s recapitalisation exercise, as lenders are expected to channel the additional funds into... Read More →

CBN hikes rates to 17.59% despite overwhelming N4.4 trillion bid against N700 billion offer The Central Bank of Nigeria (CBN) raised the stop rate on its benchmark 364-day Treasury Bill to 17.59% at Wednesday’s auction, defying expectations that overwhelming demand... Read More →

NGX sheds N1tn on sell-offs in BUA Foods, banking stocks The Nigerian equities market displayed notable volatility during trading on Wednesday, closing on a downward trajectory. The benchmark All-Share Index retreated to 243,967.09 points, down from Tuesday’s reading of 246,723.57.... Read More →

SEC sets 5pm cutoff for T+1 equities, commodities trade The Securities and Exchange Commission has fixed 5:00pm on the first business day after a transaction (T+1) as the settlement deadline for equities and commodities traded and settled through the Central... Read More →

In New Policy Tweak, CBN Removes Discount Window Restrictions on FX, Government Securities Transactions • Broadens OMO participation as individuals, corporates, non-bank financial institutions gain access to market through banks •Resumes tenored repo operations of up to 90 days to... Read More →

How Monetary Discipline is Rebuilding Confidence in the Economy of Nigeria Nume Ekeghe writes that for years Nigeria’s monetary story was defined by uncertainty. However, stronger reserves, a more transparent foreign exchange market and renewed investor confidence are changing the... Read More →

Treasury Bills Dominate Fixed Income Market as Investors Execute N5.32tn Trades Trading activities in Nigeria’s fixed income market remained robust last week ended July 17, 2026, with investors executing transactions worth over N5.32 trillion across Treasury Bills, Open Market Operation... Read More →

Analyst forecasts MPC to hold rate at 26.50% The Monetary Policy Committee of the Central Bank of Nigeria is expected to maintain its current monetary policy stance at the upcoming meeting of central bankers due to a volatile and hostile... Read More →