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 ...
Tag: CBN
CBN Offers ₦800 Billion in Treasury Bills as Banks Sit on Nearly ₦7 Trillion
The Central Bank of Nigeria, acting on behalf of the Debt Management Office, is offering ₦800 billion in Nigerian Treasury ...
Net FX Flows Hit $22.5 Billion in Q2 2026, Highest Since Late 2019
Nigeria’s net foreign exchange flows rose to $22.50 billion in the second quarter of 2026, the strongest quarterly reading since ...
JPMorgan Deposits ₦50 Billion with CBN in Bid for Merchant Banking Licence
JPMorgan Chase has placed ₦50 billion (about $38 million) with the Central Bank of Nigeria as part of its application ...
FX Trading Falls 22% to $2.62 Billion as Forward Deals Plunge
The value of dollars traded in Nigeria’s foreign-exchange market dropped 22.23 per cent to $2.62 billion in the week ended ...
Naira Seen Holding in N1,290–N1,370 Range Through October
The naira is expected to trade in a range of roughly N1,290 to N1,370 against the US dollar through the ...
Bank Lending to Manufacturers Drops 26.8% to N5.19 Trillion, CBN Data Show
Outstanding bank credit to Nigeria’s manufacturing sector fell 26.8 per cent year-on-year to N5.19 trillion in June 2026, according to ...
Financial Services Account for $9.64 Billion as Nigeria’s FX Demand Hits 15-Year High
Financial services absorbed $9.64 billion, or 52.58 per cent, of Nigeria’s total foreign-exchange utilisation of $18.34 billion in the second ...
Foreign Reserves Climb to $58.81 Billion, Highest in Nearly 18 Years
Nigeria’s foreign-exchange reserves rose to $58.81 billion on 12 October 2026, their highest level since 19 November 2008, when the ...
Naira Weakens to N1,332.10 at Official Window as Parallel Market Holds Steady
The naira opened the week lower against the US dollar on the official foreign-exchange market, according to Central Bank of ...
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