CBN retains MPR rate at 26.5% amid rising inflation
The Monetary Policy Committee of the Central Bank of Nigeria has voted to retain the Monetary Policy Rate at 26.5 per cent…
Finance
Naira records mixed performance against dollar across FX markets
The Nigerian naira traded with mixed performance against the United States dollar on Wednesday, May 20, 2026, across the official Nigerian Foreign…
SEC announces shift to T+1 settlement cycle for Nigerian capital market
The Securities and Exchange Commission has announced the transition to a T+1 settlement cycle for equities and commodities transactions with effect from…
CBN offers ₦650bn treasury bills auction on Wednesday
The Central Bank of Nigeria is offering N650 billion for auction at the Nigerian Treasury Bills auction scheduled for Wednesday, May 20,…
Naira depreciates slightly against dollar at official, parallel FX markets
The naira recorded a slight depreciation against the United States dollar across both the official Nigerian Foreign Exchange Market and the parallel…
Nigeria’s diaspora remittances stabilise at $21.8bn in 2025
Diaspora remittances into Nigeria stabilised at $21.8 billion in 2025 despite mounting global economic pressures, tighter immigration policies in major economies and…
DMO auctions ₦600bn bonds with yield up to 22.60%
The Debt Management Office Nigeria is auctioning N600 billion today, Monday May 18, 2026, reopened Federal Government bonds, with elevated yield as…
Nigerian stock market gains ₦3.34trn in bullish week
The Nigerian stock market extended its bullish run last week, as investors reaped N3.34 trillion gain. Sustained buying interest in banking, consumer…
Naira shows slight fluctuations against US dollar in FX markets
The naira traded with slight fluctuations against the United States dollar across the official and parallel foreign exchange markets on Monday, May…
Nigeria’s manufactured exports share stagnates amid rising total exports
The contribution of manufactured goods to Nigeria’s export basket has stagnated for four consecutive years despite a sharp rise in the country’s…
Naira weakens despite higher FX liquidity, reserves growth
The naira ended the week weaker in Nigeria’s official foreign exchange market despite a significant rise in market liquidity and continued growth…
Naira weakens marginally to ₦1,372/$ ahead of MPC meeting
The naira weakened marginally at the official foreign exchange market on Friday, closing at N1,372/$ as investors adopted cautious positions ahead of…