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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 →

New CBN capital rules may trigger N972bn equity scramble – Report Nigerian banks’ holding companies may be required to raise a combined N971.764bn in fresh equity if the Central Bank of Nigeria implements its proposed capital framework in its current... Read More →

NRS sets July 31 e-invoicing deadline for large firms The Nigeria Revenue Service has directed all large taxpayers to fully adopt the national e-invoicing and Electronic Fiscal System on or before July 31, warning that companies that fail to comply... Read More →