Topic
Nigeria
Nigerian Banks Park N6 Trillion at the CBN After N2.4 Trillion OMO Repayment
Nigerian banks' CBN deposits topped N6 trillion after a N2.41trn OMO repayment, as the DMO rejected about 74% of bids at its latest Treasury bill auction.
Nigeria Debt Interest Hits 124% of Revenue as Finance Ministry Disputes World Bank
Nigeria debt interest reached N7.7trn in H1 2026, 124% of federal revenue, says the World Bank. The Finance Ministry says the comparison misleads.
Nigeria FX Demand Hits $18.34bn in Q2 2026, Its Highest Since 2011
Nigeria FX demand rose to $18.34bn in Q2 2026, its highest since 2011, as financial services outflows doubled imports and CBN dollar sales fell to $418m.
Nigeria-China Payments: CBN's Cardoso Takes Settlement Talks to Beijing
Nigeria-China payments are on the CBN's agenda as Governor Cardoso plans Beijing talks on settlement, fintech and trade finance with the People's Bank of China.
Nigeria Inflation Falls to 14.63%, Its Lowest Since 2025, but Living Costs Still Bite
Nigeria inflation eased to 14.63% in September, the lowest since 2025, yet food inflation stayed near 19.6% and households say prices are still too high.
Brent at $110: Which African Economies Gain and Which Lose
Brent at $110 splits Africa in two. Nigeria and Angola gain export revenue while Kenya, Ghana and South Africa face higher fuel bills and inflation.
The fiat-to-crypto pipeline: How public funds bypass Nigeria’s financial safeguards
Public funds are allegedly moving through banks, fintechs and private firms into crypto wallets. Here is what the EFCC has said, what is still unknown, and where Nigeria's safeguards are weakest.
NGX rebounds, investors recover N103.9 billion as oil, banking stocks rise
The NGX All-Share Index rose 0.065 percent on October 14, adding N103.9 billion in market value. Here is what drove the session, from oil and gas to banks, and what to watch next.
NNPC advances IPO plans, addresses governance, financial reporting gaps
NNPC has finished a baseline IPO readiness assessment and is closing gaps in reporting and governance. Here is what has been confirmed, what has not, and what investors should watch.
World Bank raises Sub-Saharan Africa's 2026 growth forecast to 4.3%
The World Bank now expects Sub-Saharan Africa to grow 4.3% in 2026, with upgrades for Nigeria, Angola, Ethiopia and Zambia. But inflation is rising and debt costs still bite.
Entrepreneurs eye new growth opportunities at Arewa Business Festival
About 500 entrepreneurs are set to exhibit at the Arewa Business Festival. Here is what the event offers small businesses, how it links to northern Nigeria's economy, and what to verify before attending.
Dangote Refinery extends IPO as African investor demand surges
Dangote Refinery has extended its N2.15 trillion IPO to October 27. Here is what changed, what the offer looks like in numbers, and the risks to weigh before subscribing.