Hafsat Ibrahim

Trade Sector Attracts $65.79m in Q1 2026 – NBS

Trade sector attracted $65.79m in foreign capital in Q1 2026, a 91.3% increase year-on-year from $34.39m in Q1 2025, according to the National Bureau of Statistics (NBS).

CBN Absorbs ₦3.04trn in Single OMO Auction

The Central Bank of Nigeria (CBN) absorbed ₦3.04 trillion from the banking system in a single Open Market Operations (OMO) auction on June 5, 2026, as investor demand far exceeded the ₦600 billion offered.

Sanwo-Olu, Finance Minister, Moniepoint CEO Headline Invest Lagos Summit 2026

Lagos State Governor, Babajide Sanwo-Olu; the Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele; Co-Chair of the Lagos Finance and Investment Council (LFIC), Aigboje Aig-Imoukhuede; and the Chief Executive Officer of Moniepoint Group, Tosin Eniolorunda, have been confirmed as keynote speakers for the third edition of the Invest Lagos Summit scheduled to hold from June 8 to 9, 2026.

DBN Surpasses N1tn MSME Financing Milestone, Supports 1.6m Jobs

‎The Development Bank of Nigeria (DBN) has crossed the N1 trillion mark in financing Micro, Small and Medium Enterprises (MSMEs), underscoring its growing role in expanding access to credit and supporting economic inclusion across the country. ‎

‎Over 132,000 MSMEs in Borno, Adamawa, Katsina, Yobe, Zamfara Access N108bn DBN Loans

‎More than 132,000 Micro, Small and Medium Enterprises (MSMEs) operating in Borno, Adamawa, Katsina, Yobe and Zamfara States have accessed over N108 billion in financing from the Development Bank of Nigeria (DBN), highlighting the institution’s growing role in supporting businesses in economically disadvantaged regions.

ANALYSIS: Between MPC Decisions and Nigeria’s Macroeconomic Stability, by Kabir Abdulsalam

When the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) retained the Monetary Policy Rate (MPR) at 26.5 per cent following its 305th meeting, the decision reflected more than caution.
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