Nineteen (19) banks in Nigeria have met the new capital requirements ahead of the March 31, 2026 deadline set by the Central Bank of Nigeria (CBN).

Naira Holds Steady Across Markets on Jan 5 The naira sustained its strength against the U.S. dollar on Monday, January 5, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM), maintaining a positive start to trading in 2026. Currency dealers in Abuja told...

Nigeria's balance of payments swung to a $4.6bn surplus in Q3 2025, driven by stronger export earnings and diaspora remittances.

Medical Tourism Spending Crashes as Nigerians Turn to Local Healthcare – CBN The Central Bank of Nigeria (CBN) data shows a sharp collapse in medical tourism spending, signalling a significant shift in healthcare utilisation toward domestic facilities. According to CBN figures covering January to June 2025,...

The Central Bank of Nigeria (CBN) has unveiled an optimistic macroeconomic outlook for 2026, projecting real GDP growth at 4.49% and headline inflation easing to 12.94% on average.

Growth vs. Stability: The Difficult Trade-offs of MPC’s 2025 Decisions, by Kabir Abdulsalam   If monetary policy were a balancing act, 2025 was the year the Central Bank of Nigeria’s Monetary Policy Committee (MPC) walked a particularly narrow rope. On one side lay the danger of...