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Nigeria’s Foreign Exchange Inflows Fall by Over 20% in June as Market Activity Slows
Nigeria recorded a major drop in foreign exchange inflows in June 2026, with total funds entering the Nigerian Foreign Exchange Market (NFEM) falling by 20.7 percent compared to the previous month. The decline has raised concerns about reduced market liquidity as both local and foreign investors...
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News
Nigeria’s Foreign Exchange Inflows Fall by Over 20% in June as Market Activity Slows
Nigeria recorded a major drop in foreign exchange inflows in June 2026, with total funds entering the Nigerian Foreign Exchange...
FG, Dangote Refinery Meet Marketers Over PMS Pricing Amid Crude Price Drop
The Federal Government has intensified efforts to reduce the cost of Premium Motor Spirit (PMS), commonly known as petrol, by...
ICPC Recovers N5.79bn, Secures 20 Convictions in H1 2026
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) recovered N5.79 billion in proceeds of crime during the first...
Interswitch Urges Energy Infrastructure Investment to Boost Financial Inclusion
Integrated payments and digital commerce company Interswitch has urged governments, investors and development partners to prioritise investment in energy infrastructure,...
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Technology
Wema Bank Launches Hackaholics 7.0 to Support Young Innovators and Startups
Wema Bank has reaffirmed its commitment to supporting young innovators, entrepreneurs and creative talents...
