Fit Row

CBN promises to sustain monetary, financial system stability The Central Bank of Nigeria has reaffirmed its commitment to maintaining monetary and financial system stability, saying it will continue to pursue policies aimed at controlling inflation, ensuring price stability and supporting... Read More →

SEC steps up unclaimed funds recovery The Securities and Exchange Commission has intensified efforts to reduce unclaimed funds and dormant investment assets by launching a Probate/Unclaimed Monies Awareness and Investor Clinic aimed at helping beneficiaries recover inherited investments and strengthening... Read More →

NGX gain N192bn despite broader market losses The Nigerian equities market closed higher on Thursday, with investors gaining N192bn as buying interest in selected banking, energy and consumer goods stocks outweighed losses across a broader segment of the market. The... Read More →

BOI opens N250bn bond offer to fund businesses The Bank of Industry, through BOI Financing SPV Plc, has opened subscriptions for its inaugural Series  1  Fixed  Rate  Bond  worth  up  to  N250bn  under  its  $1bn  multi-currency instruments programme, seeking to... Read More →

NGX ETFs rebound in July as Greenwich Alpha ETF leads with 30.41% gain The Greenwich Alpha ETF delivered the strongest monthly performance among Exchange Traded Funds (ETFs) listed on the Nigerian Exchange (NGX) in July 2026, gaining 30.41% to lead... Read More →

Forex stability, $52.5bn reserves signal Nigeria’s economic recovery – Cardoso The Central Bank of Nigeria on Tuesday said the recent stability in the foreign exchange market, rising foreign reserves and moderation in inflation are indications that its ongoing monetary reforms... Read More →

Banks park N83.95tn with CBN as liquidity rises Nigerian banks significantly increased the amount of funds placed with the Central Bank of Nigeria through its Standing Deposit Facility in July, indicating a sharp rise in excess liquidity within the financial... Read More →

Foreign reserves near $53bn as CBN reforms gain traction The Central Bank of Nigeria on Tuesday said recent stability in the foreign exchange market, rising foreign reserves and moderating inflation indicate that its ongoing monetary reforms are beginning to yield... Read More →

Naira ends July weaker, closes at N1,368.22/$ The naira closed July on a weaker note at the official foreign exchange market, extending its week-long depreciation to settle at N1,368.22 per dollar on Friday. Data from the Central Bank of Nigeria... Read More →

Mobile money transactions surge 81% to N372tn – CBN report Nigerians conducted mobile money transactions worth N372.14tn in 2025, representing an increase of 81.26 per cent from N205.31tn recorded in 2024, as expanding agent networks and wider adoption of digital... Read More →