Banking System Liquidity Declines by 66%, NOFR Unchanged Short-term benchmark money market rates remained relatively stable despite a sharp decline in banking system liquidity on Thursday. The financial system liquidity tightened after the Central Bank of Nigeria (CBN) carried out its open market operation, where…
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.
NCS on Track to Achieve N11trn Annual Revenue Target – Oyedele The Nigeria Customs Service (NCS) is on track to…
Dangote Refinery raised its petrol price three times in nine days, citing the cost of crude…
With varying upside potential, investment firm Cowry Asset Management Limited…
Nigeria’s gross foreign reserves topped $54 billion, the highest on record since 2008, according to data obtained from the Central Bank portal.
President Bola Tinubu has authorised the disbursement of the Cabotage Vessel…
Nigerian government has continued to reduce spot rates on short-term investment securities amid improved macroeconomic conditions.
Money market short-term funding rates ease on one side amid a bloated liquidity balance in the financial system. The overnight lending rate declined 3 basis points, but the repo rate remained unchanged at 22%.
Alternative investment market
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SpaceX Tokenized bStocks (SPCXB) price inched higher by about 1% to $152.65,
Bitcoin (BTC) price Surges by 4.10% to $81,258.52, outperforming the broader market’s 3.69% gaineeze.