CBN: Nigerian banks raise ₦4.65 trillion
Nigeria's banking sector has raised ₦4.65 trillion in fresh capital through its recapitalisation exercise, while headline inflation declined to 14.63...
Tag Archives: #NigerianEconomy
Nigeria’s inflation drops to 14.63 per cent as CBN explains rate cut
Nigeria’s headline inflation rate has declined to 14.63 per cent in September 2026, down from 15.39 per cent recorded in...
Nigeria’s Oil Production and the Challenge of Turning Output into Revenue
Crude oil remains one of Nigeria's most important sources of export earnings and government revenue. Changes in production can influence...
Tax, Insecurity and High Interest Rates Top Business Concerns in Nigeria
Nigerian businesses have identified multiple taxation, insecurity and high interest rates as their biggest challenges, according to the latest Business...
CBN Cuts Interest Rate to 23% From 26.5%
The Central Bank of Nigeria (CBN) has reduced its benchmark interest rate, known as the Monetary Policy Rate (MPR), from...
Nigeria’s Foreign Reserves Rise to $55.25bn, Highest in 18 Years
Nigeria’s gross external reserves have risen to $55.25 billion, marking the highest level recorded in more than 18 years, the...
CBN Cuts Interest Rate to 23% as Businesses Seek Cheaper Loans
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per...
CPPE Calls for Review of Foreign Traders’ Permits in Nigeria
The Centre for the Promotion of Private Enterprise (CPPE) has called on the Nigerian Government to review the regulatory framework...
NGX Sustains Bullish Momentum as Market Index Inches Up 0.29% Amid Cautious Fixed Income Trading
The Nigerian equities market kicked off the week on a bullish note on Monday, September 7, 2026, driven by sustained...
Nigeria’s Business Confidence Rises to Six-Month High in August
Nigeria’s business environment strengthened in August 2026, with the Nigerian Economic Summit Group’s Current Business Performance Index rising to 112.7...