Interest rates on key Nigerian financial instruments remain above 17 per cent despite the Central Bank of Nigeria’s September decision…
Browsing: ECONOMY
Central Bank of Nigeria (CBN) bills held by money-holding sectors surged to N5.60 trillion in September 2026 from just N9.68…
The naira has maintained its gains against the euro, trading at N1,497 per euro as rising French borrowing costs and…
The Central Bank of Nigeria (CBN) has offered N2 trillion in Open Market Operations (OMO) bills to absorb excess liquidity…
The naira depreciated marginally against the US dollar at the official foreign exchange market, closing at ₦1,334.99 per dollar on…
The naira traded around ₦1,778 to the British pound as stronger-than-expected UK inflation data boosted sterling against the US dollar…
The naira closed at N1,333.50 per dollar on Monday, October 19, 2026, a marginal gain of N0.70 from N1,334.20 recorded…
The Central Bank of Nigeria (CBN) sold $1.64 billion in foreign exchange through the spot market in the first half…
Nigeria’s headline inflation fell to 14.63 per cent in September 2026 from about 34.8 per cent at the end of…
Banks’ outstanding credit to Nigeria’s manufacturing sector fell by 26.8% year-on-year to N5.19 trillion in June 2026, from N7.09 trillion…