NDIC Warns Failed-Bank Debtors Who Hide Assets and Stall Recovery
The Nigeria Deposit Insurance Corporation has accused some debtors of failed banks of deliberately blocking loan recovery, through hidden assets,...
CBN Offers ₦1.5 Trillion in OMO Bills as Banking Cash Stays Above ₦5.9 Trillion
The Central Bank of Nigeria is holding an Open Market Operations (OMO) auction today aimed at selling ₦1.5 trillion, as...
Naira Recovers Nearly ₦90 Against Dollar in One Year as Reserves Stay Above $55bn
The naira has strengthened by about 6.3% against the US dollar over the past year, recovering some ground between November...
Access Holdings Weighs Foreign Exit as CBN’s 10% Overseas Cap Forces Hard Choices
Access Holdings may sell or close at least one overseas banking unit as Nigeria’s largest lender by assets races to...
NGX All-Share Index Edges Up 0.19% to 254,762.81 Points
The Nigerian Exchange closed higher on Wednesday, 4 November 2026, as the All-Share Index rose 0.19% to 254,762.81 points from...
Naira Touches ₦1,349.50 as Reserves Slip and FX Turnover Falls 15%
The naira came under renewed pressure on Wednesday, trading as high as ₦1,349.50 per dollar, even as Nigeria’s external reserves...
Naira Loses ₦16.17 in October Despite Rising Reserves and Higher FX Turnover
The naira weakened across foreign exchange segments in October 2026, shedding ₦16.17 over the month even as external reserves climbed...
Dollar Shortage Bites as Naira Falls 1.31% Despite CBN’s $1.98 Billion Injection
The naira lost 1.31% in October even after the Central Bank of Nigeria pumped about $1.98 billion into the foreign...
NGX Group Profit Before Tax Jumps 83% to ₦20.6 Billion as Trading Boom Lifts Earnings
Nigerian Exchange Group Plc reported profit before tax of ₦20.6 billion for the nine months ended 30 September 2026, an...
Nigeria’s Stability Score Stands at 4.3 as Security Rating Slips to 1.6
Nigeria posted an overall Stability Score of 4.3 out of 10 in August 2026, with security emerging as the weakest...
Popular Story
FG Seeks Fresh $500 Million World Bank Loan for Infrastructure Platform Ahead of 2027
CBN Offers ₦1.5 Trillion in OMO Bills as Banking Cash Stays Above ₦5.9 Trillion
NDIC Warns Failed-Bank Debtors Who Hide Assets and Stall Recovery
Access Holdings Weighs Foreign Exit as CBN’s 10% Overseas Cap Forces Hard Choices
Sterling Bank to face sanctions by APCON over provocative Easter Message “Likening Christ resurrection with Agege Bread”
