Pound Remains Stable Against Dollar as Falling Inflation Speculation Fuel
The British pound held firm against the US dollar in recent trading on February 20, 2026, displaying limited volatility despite...
Naira Gains Ground to N1,337 per Dollar in Official Market Amid Improved Liquidity.
The Nigerian naira posted a notable appreciation in the official foreign exchange window on Tuesday, February 17, 2026, closing at...
Nigeria’s Headline Inflation Eases Marginally to 15.10% in January 2026, Driven by Sharp Food Price Declines
Nigeria recorded a slight moderation in headline inflation for January 2026, with the rate falling to 15.10% year-on-year from 15.15%...
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...
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FG Releases Revised Import Prohibition List, Bans Paracetamol, Tomato Paste and others.
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