Money market rates were mixed as excess liquidity levels in the banking system increased by more than 73%
MarketForces Africa| The Nigerian Exchange Ltd. (NGX) recorded a total turnover of 3.249 billion.
Financial Inclusion Must Translate to Stronger Household, Business Resilience – CBN The Governor of the Central Bank of Nigeria (CBN)…
Nigeria’s foreign reserves increased to $54.410 billion following the latest round of FX inflows into the local economy, with more than 99% of the credit balance staying liquid.
The National Bureau of Statistics (NBS) says Nigeria’s total merchandise trade stood at N41,444.89 billion in the second quarter of 2026.
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Nigeria’s gross foreign reserves topped $54 billion, the highest on record since 2008, according to data obtained from the Central Bank portal.
The Central Bank of Nigeria (CBN) mopped up about N3 trillion from open market operations
Nigeria Debt Management Office (DMO) raised N288 billion from a 10-year bond introduced at its September 2026 primary market auction at the spot rate of 16.79%.
The banking index drove a N297 billion gain on the Nigerian Exchange (NGX) amid a sharp reduction
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INSURANCE
The National Insurance Commission (NAICOM) says the recently concluded recapitalisation exercise raised the Nigerian insurance industry’s total capital to N1.079 trillion.
