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CBN
Nigerian businesses identified high or multiple taxation, insecurity and high interest rates as their biggest constraints in September 2026.
The Central Bank of Nigeria (CBN) sold approximately N17.51 trillion in Open Market Operations (OMO) bills in September 2026, while about N10.89 trillion in maturing bills was repaid over the same period, leaving a net liquidity withdrawal of roughly N6.62 trillion.
Greenwich Bank Limited has commenced operations as a regional commercial bank, commissioning three branches in Ikoyi, Victoria Island...
Nigeria’s composite Purchasing Managers’ Index (PMI) rose to 53.0 points in September 2026, marking the fourth consecutive month of expansion in overall economic activity.
Sync Finance Company Limited has announced the appointment of Mr. Paul Onwuanibe as Chairman of its Board of...
Interbank foreign exchange turnover jumped 123% to $179.58 million on September 30, 2026, as the naira strengthened to N1,329.50/$ at the Nigerian Foreign Exchange Market (NFEM).
The Central Bank of Nigeria (CBN) has said stronger capital buffers are only the starting point of banking sector recapitalisation, with the next phase requiring stronger governance, risk management and productive lending.
The Central Bank of Nigeria (CBN) sold approximately N4.686 trillion in Open Market Operations (OMO) bills at its September 29, 2026 auction, nearly double the N2.5 trillion originally offered and almost twice the N2.433 trillion OMO repayment maturing on the same day.
Turnover on the Nigerian Foreign Exchange Market (NFEM) plunged to $196.7 million on Monday, September 28, 2026, its lowest level in seven weeks, according to Central Bank of Nigeria (CBN) data.
The Central Bank of Nigeria (CBN) has scheduled a N2.5 trillion Open Market Operations (OMO) auction for September 29, 2026, as a N2.433 trillion OMO repayment matures on the same day, creating a near one-for-one match between the fresh offer and liquidity injection.
The Central Bank of Nigeria's decision to cut its Monetary Policy Rate (MPR) to 23% marks a major shift in the country’s interest-rate environment, with implications for bond prices, mutual funds, pension portfolios and investors whose returns are linked to fixed-income and equity markets.
The Federal Government’s securitised Ways and Means debt declined by N613.34 billion in the second quarter of 2026, marking its first recorded reduction since the obligation was added to Nigeria’s public debt stock in 2023.