The Central Bank of Nigeria (CBN) has issued a high-stakes directive to all commercial banks to conduct rigorous Solvency Stress Tests effective April 1,...
Nigeria companies have accelerated their Capital expenditure (CapEx) investment in property, plant, and equipment (PPE) in the 2025 financial year, highlighting the business spending...
African sovereign dollar bonds extended their recovery as global investors pivoted toward the continent’s oil-producing nations as a strategic hedge against the escalating US/Israel-Iran...
The Nigerian Naira has staged a powerful recovery this week, with the parallel market rate strengthening to ₦1,317/$1 as of Friday, February 20, 2026.
This...
BY BLAISE UDUNZE
Nigeria is no longer flirting with deficit financing. As a country, it is living with it, not occasionally but structurally, routinely, almost...
Nigeria commercial banks parked a net ₦51.5 trillion with the Central Bank of Nigeria (CBN), in January to earn risk-free returns rather than lending...
Nigeria’s central bank is formalizing its shift toward an inflation-targeting framework that will target 16.5% inflation in 2026, with a tolerance band of plus...
Federal Reserve Chair Jerome Powell cautioned investors against assuming the US central bank would follow its second straight interest-rate cut with another in December.
“A further reduction...
