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...
Tag Archives: #NigerianEconomy
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...
FG Backs Lagos International Financial Centre, Targets Q1 2027 Soft Launch
The Federal Government has formally backed the establishment of the Lagos International Financial Centre, LIFC, with stakeholders targeting a soft...
NGX Equities Market Closes Week Bullish as ASI Advances 2.36%, Market Capitalization Hits N159.56trn
The Nigerian equities market wrapped up the trading week on a decidedly positive trajectory, buoyed by widespread investor confidence across...
Ethiopian Airlines Scales Up Nigerian Operations, Pushes Weekly Frequencies to 53 with Port Harcourt Launch
In a decisive move signaling long-term institutional confidence in the West African aviation corridor, the pan-African carrier, Ethiopian Airlines, has...
Investors Stake N3.35tn on Treasury Bills as CBN Lowers Stop Rate to 16.84% Amid Heavy Demand
The Central Bank of Nigeria (CBN) has successfully lowered the stop rate on the benchmark one-year Nigerian Treasury bill to...