Nigeria’s DMO Targets N800 Billion in February Bond Auction as Yields Hover Near 20%
The Debt Management Office (DMO) has announced intentions to raise N800 billion from the domestic market through a Federal Government...
NGX All-Share Index Surges 6.16% to Record 182,313.08 Points, Market Cap Hits N117.03 Trillion
The Nigerian Exchange (NGX) concluded the trading week ended February 13, 2026, on a robust bullish note, with the benchmark...
Dangote Refinery Sparks Intense Competition in Nigeria’s Petrol Market with Sharp Price Reduction
Nigeria's downstream oil sector has erupted into fierce rivalry following a significant price cut by the Dangote Petroleum Refinery, prompting...
CBN Opens Official FX Window to BDCs with $150,000 Weekly Limit
The Central Bank of Nigeria (CBN) has granted licensed Bureau De Change (BDC) operators direct access to the Nigerian Foreign...
NDIC Accelerates Payouts for Failed Banks: BVN Link Now Key to 72-Hour Access
The Nigeria Deposit Insurance Corporation (NDIC) has significantly sped up the process of reimbursing depositors when a bank fails, promising...
CBN Reopens Official FX Window to Licensed BDCs with $150,000 Weekly Purchase Cap
The Central Bank of Nigeria (CBN) has granted licensed Bureau De Change (BDC) operators renewed access to the Nigerian Foreign...
CBN Governor Cardoso Warns Excess Liquidity and 2027 Elections Threaten Nigeria’s Hard-Won Stability
The Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has issued a stark warning that the combination of persistent excess...
Naira Opens February at N1,354.9/$ in Official Market , Strongest Level Since May 2024
The Nigerian naira kicked off February 2026 with a robust performance in the official foreign exchange market, closing Monday at...
CBN Fully Deploys S4 Platform as Exclusive Gateway for Government Securities Auctions
The Central Bank of Nigeria (CBN) has confirmed the complete operational rollout of its Scripless Securities Settlement System (S4) as...
Larger Disparities Boom Between Black Market and Official Rates
The gap between Nigeria’s official and parallel (black market) exchange rates has widened to over 6%, reviving fears of renewed...
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CBN Schedules N1.05 Trillion Treasury Bills Auction for March 5.
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