Standard Chartered Cuts Nigeria Rate Cut Forecast on Inflation
Standard Chartered has significantly lowered its expectations for monetary policy easing in Nigeria, forecasting that the Central Bank of Nigeria ...
Tag: financial markets
Naira Falls to N1,381/$ Despite Nigeria’s FX Reserves Rising to $51.7bn
The naira extended its decline against the US dollar at Nigeria's official foreign exchange market during the week ended Friday, ...
Nigeria SEC Grants Approval-in-Principle to Seven Digital Asset Firms
Nigeria's Securities and Exchange Commission (SEC) has granted Approval-in-Principle (AIP) to seven fintech and digital asset companies under its Accelerated ...
CBN Limits Contract Suspensions for Troubled Banks to Two Business Days
The Central Bank of Nigeria (CBN) has introduced new interpretative guidance limiting the suspension of payment obligations and contractual termination ...
Nigeria and Rwanda Ink Deal to Bridge Africa’s Capital Market Divide
Nigeria’s Securities and Exchange Commission (SEC) and Rwanda’s Capital Markets Authority (CMA) have signed a Memorandum of Understanding (MoU) designed ...
Nigeria’s Broad Money Supply Climbs to N129.21 Trillion in May 2026
Nigeria’s broad money supply increased to N129.21 trillion in May 2026, underscoring the continued expansion of liquidity across the economy ...
NGX Introduces New Share Price Movement Thresholds to Boost Market Efficiency
The Nigerian Exchange (NGX) has introduced new thresholds for share price movements, marking a significant adjustment to its market operations ...
CBN Unveils New Benchmark Rate to Strengthen Financial Market Credibility
The Central Bank of Nigeria (CBN) has introduced a new benchmark rate framework designed to enhance transparency, improve price discovery, ...
Nigeria’s External Reserves Cross $50 Billion as Naira Holds Steady Despite Slight Dip
Nigeria’s foreign exchange reserves recorded a significant increase in the first week of June, surpassing the $50 billion mark and ...
Nigeria’s Capital Market Must Drive Inclusive and Sustainable Prosperity – NGX CEO
Nigeria’s capital market must move beyond simply creating wealth and focus on building prosperity that is inclusive, sustainable, and supported ...
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