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Banks Hold Off on Lowering Loan Rates Nearly a Week After CBN’s 350-Point Cut
Nigerian banks have yet to reduce lending rates almost a week after the Central Bank of Nigeria lowered the Monetary...
Dangote Refinery Lifts Petrol Output as Nigeria’s Fuel Imports Drop Sharply
Nigeria’s domestic refineries processed 683,000 barrels of crude oil per day in August 2026, a 16.75 per cent increase from...
NFEM Turnover Drops 17.7% to $2.25 Billion as CBN Lowers Benchmark Rate to 23%
Turnover on the Nigerian Foreign Exchange Market declined 17.7 per cent week-on-week to $2.25 billion in the week ended 25...
CBN Prepares for N8.57 Trillion Liquidity Influx as OMO and Bond Maturities Hit Banks
Nigeria’s banking system is set for a sharp rise in liquidity this week, with net cash levels potentially climbing to...
FG Raises N6.69 Billion from September Savings Bond at Rates of Up to 15.12%
The Federal Government has raised N6.69 billion through its September 2026 Federal Government of Nigeria Savings Bond, offering retail investors...
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