CBN Aims to Bring N2.83 Trillion Cash Back into Banking System by 2028
The Central Bank of Nigeria (CBN) has announced plans to significantly reduce the amount of cash circulating outside the formal...
Bad Loans Climb to 8.03% Following End of CBN Forbearance
Non-performing loans (NPLs) in Nigeria’s banking industry rose to 8.03% in January 2026, marking a noticeable deterioration in asset quality...
First HoldCo Assures Shareholders of Dividend Resumption by End of 2026
First HoldCo Plc has given shareholders renewed hope as its Group Managing Director and Chief Executive Officer, Wale Oyedeji, confirmed...
Nigeria’s Foreign Reserves Rise by $551 Million in Three Weeks
Nigeria’s external reserves have recorded a notable recovery in May 2026, climbing by approximately $551 million within the first three...
CBN Denies Heavy Intervention in FX Market, Highlights Minimal Participation
The Central Bank of Nigeria (CBN) has refuted allegations of aggressive intervention in the foreign exchange market, insisting that its...
CBN Unveils Revised Foreign Exchange Manual, Set to Take Effect June 1
The Central Bank of Nigeria (CBN) has officially launched the fourth edition of its Foreign Exchange Manual, introducing updated guidelines...
Nigeria’s Inflation Edges Higher to 15.69% in April 2026
Nigeria’s headline inflation rate rose for the second consecutive month, climbing to 15.69% in April 2026 from 15.38% recorded in...
Equities Market Hits Fresh All-Time High as Bulls Maintain Dominance
The Nigerian equities market continued its impressive run on Wednesday, setting a new record high as strong buying interest in...
FG Announces N600 Billion Bond Auction for May 2026
The Debt Management Office (DMO) has unveiled plans for a fresh N600 billion Federal Government of Nigeria (FGN) bond issuance...
Equities Market Surges Past 250,000 Points, Investors Pocket N3.17 Trillion
The Nigerian equities market maintained its impressive bullish momentum on Monday, May 12, 2026, as the All-Share Index (ASI) broke...
