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Nigeria’s Net FX Flows Hit $22.5bn as CBN Cuts Dollar Sales
Nigeria’s net foreign exchange flows rose to $22.50bn in the second quarter of 2026, the highest level since the fourth quarter of 2019, as private-sector inflows strengthened and the Central Bank of Nigeria (CBN) reduced its dollar sales. The figures are contained in the Financial Markets...
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Nigeria’s Net FX Flows Hit $22.5bn as CBN Cuts Dollar Sales
Nigeria’s net foreign exchange flows rose to $22.50bn in the second quarter of 2026, the highest level since the fourth...
JPMorgan Gets CBN Approval-in-Principle for Nigerian Merchant Bank
JPMorgan has secured approval-in-principle from the Central Bank of Nigeria (CBN) to establish a merchant bank in Nigeria, but must...
NDLEA Arrests South African Woman With 36.65kg Cocaine, US-Based Nigerian With Cannabis
The National Drug Law Enforcement Agency (NDLEA) has arrested a 34-year-old South African woman with 36.65kg of cocaine at the...
Tinubu’s Second Term What It Could Mean for Nigerians
If President Bola Tinubu wins re-election in 2027, Nigerians should expect his government to continue its economic reforms, with the...
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Nigerian Startups Raise $635m in Nine Months, Reclaim Africa’s Funding Lead
Nigerian startups attracted $635 million in funding between January and September 2026, reclaiming their...
