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Money supply Hits N119tn in October – CBN

Money supply Hits N119tn in October - CBN The Central Bank of Nigeria has revealed that Nigeria’s broad money supply rose to N119.04tn in October 2025 from N117.78tn in September, the increase amounted to N1.25tn, equivalent to 1.06 per cent, reversing the slowdown recorded a...

Naira Slides in Black Market, Appreciates at Official Window on Nov 26

Naira Slides in Black Market, Appreciates at Official Window on Nov 26 The naira weakened slightly against the U.S. dollar on Wednesday, November 26, in the parallel market, even as it appreciated at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential...

NGX Trading Rebounds as Investors Gain N94.47bn

NGX Trading Rebounds as Investors Gain N94.47bn Bullish trading resurfaced on the Nigerian Exchange Limited on Tuesday, breaking a bearish run that had entered its sixth day as of Monday. At the close of trading, the All-Share Index and Market Capitalisation rose by 0.10 per cent...

Nigeria’s Reserves Hit $46.7bn as 16 Banks Fully Recapitalised

The Nigeria external reserves have surged to $46.70 billion, the highest level in years, according to new figures released by the Central Bank of Nigeria during its 303rd Monetary Policy Committee (MPC) meeting.

Why We Held Interest Rates at 27% Despite Inflation Relief – Cardoso

The Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Rate at 27 per cent, saying the current economic conditions.

JUST IN: CBN Holds Benchmark Interest Rate at 27%

The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 27 per cent, extending its pause on monetary tightening.