NAFEM Turnover Climbs to $1.41 Billion, Highest Level in Five Weeks
Turnover on the Nigerian Foreign Exchange Market rose sharply to $1.41 billion on August 17, 2026, reaching its highest level ...
Tag: CBN
CBN Reopens OMO Market to Retail Investors, Raising Pressure on Weak Equities
The Central Bank of Nigeria has reopened its Open Market Operations securities to retail and corporate investors, a step that ...
CBN Raises 364-Day T-Bill Rate to 17.59% Despite N4.4 Trillion in Bids
The Central Bank of Nigeria increased the stop rate on its benchmark 364-day Treasury Bill to 17.59 per cent at ...
GTBank Raises Naira Card International Spending Limit to $40,000
Guaranty Trust Bank has doubled the quarterly international spending limit on its naira debit cards from $20,000 to $40,000, becoming ...
CBN Opens Second Regulatory Sandbox with Dedicated Track for Crypto and Stablecoin Firms
The Central Bank of Nigeria has opened applications for the second cohort of its Regulatory Sandbox Programme, introducing a dedicated ...
NGX Loses N1.17 Trillion as Profit-Taking Hits MTN Nigeria and First HoldCo
The Nigerian equities market reversed course on Tuesday, August 11, 2026, ending a four-session winning streak as investors locked in ...
CBN Cancels N700 Billion T-Bills Auction After Aggressive Liquidity Withdrawal
The Central Bank of Nigeria has shelved a planned N700 billion treasury bills auction scheduled for 5 August 2026, after ...
NDIC Begins Payments to Depositors of 46 Closed Microfinance Banks
The Nigeria Deposit Insurance Corporation has commenced reimbursement of depositors affected by the closure of 46 microfinance banks across the ...
Nigerian Equities Lose N599 Billion as Nestlé and First HoldCo Weigh on Market
The Nigerian equities market reversed Monday’s gains on Tuesday, shedding approximately N599 billion in market capitalisation as investors took profits ...
NGX Loses N1.005 Trillion in Single Session as Two-Day Sell-Off Hits N1.65 Trillion
The Nigerian equities market suffered another heavy blow on Thursday, July 30, 2026, shedding N1.005 trillion in market capitalisation and ...
