Naira Strengthens Against Dollar as FX Liquidity Lifts Official Market
The Nigerian naira strengthened against the US dollar in the official foreign exchange market in July 2026, supported by improved ...
Tag: Central Bank of Nigeria
Dangote Refinery Resumes Naira Petrol Sales as Higher Ex-Depot Price Reshapes Market Outlook
Dangote Petroleum Refinery has resumed accepting naira payments for Premium Motor Spirit (PMS), reversing its brief shift to dollar-denominated sales ...
Nigeria’s Crypto Market Rebounds as SEC Expands Regulated Exchanges
Nigeria's cryptocurrency industry is entering a new phase of growth, with regulators replacing years of uncertainty with a structured licensing ...
CBN Keeps Interest Rate at 26.5% as Nigeria Battles Inflation Pressure
The Central Bank of Nigeria (CBN) has decided to keep the country’s benchmark interest rate unchanged at 26.5 per cent, ...
Nigeria’s ₦159 Trillion Debt: Currency Effects, Legacy Liabilities and the Real Fiscal Challenge
Nigeria's public debt rose from ₦97.34 trillion at the end of 2023 to about ₦159.4 trillion by the close of ...
Nigeria Tightens Oversight of POS Operators in Major Agent Banking Overhaul
Nigeria's point-of-sale (POS) industry is entering a stricter regulatory phase as the Corporate Affairs Commission (CAC) and the Central Bank ...
Supreme Court Restores Final Forfeiture of Emefiele’s Properties, $2.045 Million to FG
Supreme Court on Friday affirmed the permanent forfeiture of seven high-value properties, $2.045 million in cash, and share certificates linked ...
CBN Launches New Forex Rules for BDC Operators to Improve Transparency
The Central Bank of Nigeria (CBN) has introduced a new set of rules to regulate how Bureau De Change (BDC) ...
Nigeria’s External Reserves Rise to 17-Year High of $51.86 Billion, Exceed CBN’s 2026 Forecast
Nigeria's gross external reserves climbed to $51.86 billion as of July 14, 2026, their highest level in more than 17 ...
Nigeria Inflation Eases to 15.91% in June as Food Prices Continue to Rise
Nigeria's headline inflation rate eased marginally to 15.91% in June 2026, compared with 15.93% in May, according to the latest ...
