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Nigeria’s reserves hit $52bn, inflation drops to 15.9% The Central Bank of Nigeria has reported a landmark recovery in the nation’s financial buffers, with gross foreign reserves surging to $51.89bn, nearly reaching the $52bn mark as of mid-July 2026. This... Read More →

CBN unveils centralised system to track BDC transactions The Central Bank of Nigeria has introduced a comprehensive real-time monitoring framework for Bureau De Change operators, unveiling a centralised transaction-tracking platform aimed at strengthening oversight, improving transparency, and enhancing compliance across... Read More →

Nigeria’s foreign reserves hit $51.86 billion, highest since 2009 Nigeria’s external reserves have climbed to $51.86 billion, marking their highest level in more than 17 years and surpassing the Central Bank of Nigeria’s (CBN) projection for the year. Data from... Read More →

CBN allots N1.19 trillion as investors bid N2.87 trillion for 364-day T-bill Investors in Nigeria’s Treasury Bills market poured a whopping N2.87 trillion into the 364-day instrument alone at the July 15 primary market auction, more than seven times higher... Read More →

‘CBN may hike rates as election spending pressures rise’ The Central Bank of Nigeria is highly likely to raise its benchmark interest rate, the Monetary Policy Rate, during the second half of 2026 as liquidity pressures build ahead of the... Read More →

NGX gains N390bn as banking stocks lift market The Nigerian equities market maintained its upward momentum on Wednesday as renewed demand for banking stocks offset profit-taking in select counters, keeping the Nigerian Exchange near historic highs despite a slowdown in... Read More →

Stockbrokers hail Nigeria’s return to S&P Frontier Watchlist The Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria have welcomed the decision of S&P Dow Jones Indices to place Nigeria on its 2027 Watchlist for potential... Read More →

Stock market rebounds as capitalisation jumps N719bn The Nigerian equities market rebounded on Tuesday to close higher, snapping its two-day losing streak as the overall market capitalisation advanced by N719bn. The All-Share Index gained 1,121.33 points, representing a 0.46 per... Read More →

FG targets N1.2tn in latest bond offer The Federal Government of Nigeria is returning to the domestic capital market to raise N1.2tn through the reopening of three Federal Government of Nigeria bond instruments. The announcement, detailed in a Debt Management... Read More →

Dollar weakens as rate fears ease, oil stable The dollar slid Tuesday after a drop in US inflation dented expectations of an interest rate hike later this month. Oil prices had jumped sharply on fresh Iran-US strikes, with two ships... Read More →