October 9, 2026

The Chapel Hill Denham Nigeria Infrastructure Debt Fund has announced its unaudited financial results for the nine-month period ended September 30, 2026, delivering a profit before tax of N17.36bn. The figure reflects a 2.9 per cent increase compared to the... Read More →

Trading activity in Nigeria’s foreign exchange market fell sharply last week, as total turnover across the spot and derivatives segments dropped to $1.70 billion. Data from FMDQ showed that turnover for the week ended 2 October, 2026, fell by 35.4... Read More →

Nigerian banks withdrew N941.85 billion from the Central Bank of Nigeria’s Standing Deposit Facility in one day, pushing total placements below N4tn amid sharp swings in banking system liquidity. Data from the apex bank showed that SDF deposits fell to... Read More →

The Nigerian Exchange recorded a downward trend on Thursday as equity market capitalisation dropped to N161.05tn from N162.39tn recorded on Wednesday, indicating a decline of N1.34tn. The All-Share Index fell by 2,054.25 points to close at 248,042.50, down from Wednesday’s... Read More →

The Central Bank of Nigeria Governor, Olayemi Cardoso, has stepped up Nigeria’s engagement with Asian financial institutions and investors, seeking stronger capital flows, market connectivity and technology partnerships as the country works to consolidate its economic reforms. Cardoso’s engagements in... Read More →