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CBN Raises N1.06 Trillion at July 8 Treasury Bills Auction, Lifts One-Year Rate to 17.70%
The Central Bank of Nigeria (CBN) successfully raised N1.06 trillion through its Treasury Bills auction on Wednesday, July 8, 2026,...
SEC Gives Capital Market Operators Two Days to Submit Capital Flows Returns
The Securities and Exchange Commission (SEC) has issued an urgent directive to all capital market operators to submit their second-quarter...
FX Market Turnover Surges to $3.05 Billion, Highest in Three Months
Nigeria’s foreign exchange market posted its strongest weekly performance in over three months, with total turnover reaching $3.053 billion in...
Naira Weakens to N1,410 in Parallel Market as Summer Travel Demand Intensifies
Naira came under renewed pressure in the parallel market on Monday, depreciating to N1,410 per US dollar, up from N1,397...
CBN Revokes Licences of 46 Microfinance Banks in Major Regulatory Sweep
The Central Bank of Nigeria (CBN) has revoked the operating licences of **46 microfinance banks** with immediate effect, citing serious...
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