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Quick Summary: The Senate confirms Mahmoud Isa Yugudu as Deputy Governor of the Central Bank of Nigeria following a report by the Committee on Banking, Insurance...
Quick Summary: Nigerian Naira strengthens to N1,401.40 per dollar at official market, marking first appreciation since February amid falling global oil prices. The Nigerian Naira appreciated...
Quick Summary: Nigeria’s currency weakens again to ₦1,359.81 per dollar at the official market, sustaining a four-day slide despite an increase in foreign reserves. The naira...
Quick Summary: Equities lose N1.141 trillion in value following CBN’s 50bps rate cut to 26.50%, triggering broad sell-offs across major sectors. Investors on the Nigerian Exchange Limited...
Quick Summary: Central Bank of Nigeria reduces interest rate by 50 basis points to 26.50%, retains key monetary parameters to support economic stability. The Central Bank of...
Quick Summary: Access Holdings and UBA boards approve 2025 audited results and dividend proposals, pending CBN clearance amid key monetary policy decisions. The boards of directors...
Quick Summary: Fintech giant OPay named Brand of the Year at the 9th Annual Daily Asset Awards for innovation, trust, and expanding digital financial inclusion across...
Quick Summary: Rights group SERAP drags the Central Bank of Nigeria to court, seeking accountability for N3 trillion in public funds, including N629 billion allegedly paid...
Summary: On January 5, 2026, the Naira firms at ₦1,510/$1 in the NAFEM window thanks to CBN liquidity boosts and backlog clearances, with parallel rates at ₦1,600-₦1,620/$1 amid Dangote Refinery gains. The first full week of 2026 was supposed to be...
Quick Summary: Headline inflation drops to 14.45% in November 2025, marking the eighth consecutive monthly decline, signaling the impact of CBN’s monetary policies and structural reforms....