Forex inflow rises 36.5% to $33.76bn in five months
By Elizabeth Adegbesan Nigeria’s net foreign exchange (forex) inflow rose by 36.5 percent year-on-year (YoY) to $33.76 billion in the first five months of 2026 (5M’26), from $24.72 billion in the corresponding period of 2025 (5M’25). The increase came amid ongoing efforts by the Central Bank of Nigeria (CBN) to deepen the foreign exchange market, […]
Headline inflation falls 3rd consecutive month to 15.39%
By Elizabeth Adegbesan Headline inflation rate fell by 0.04 percent to 15.39 percent in August from 15.43 percent in July 2026, representing the third consecutive month decline since June. The development was driven by a further ease in the core basket to 13.29 percent in August from 14.97 percent in July. The National Bureau of […]
Naira appreciates to N1,380/$ in parallel market
The Naira yesterday appreciated to N1,380 per dollar from N1,390 in the parallel market on Monday.
CBN bags NES Award for economic reforms
By Babajide Komolafe The Central Bank of Nigeria (CBN) has received the Nigerian Economic Society’s (NES) Distinguished Organisation Award in recognition of its institutional reforms and contributions to Nigeria’s macroeconomic stability and economic development. The award was presented at the 67th Annual Conference of the NES, held in Abuja from September 7 to 10, 2026. […]
Dangote IPO: Vetiva emerges lead adviser
By Peter Egwuatu Vetiva Advisory Services Limited has emerged as Lead Adviser to the proposed Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP), as the landmark offer opened for subscription on September 14, 2026.The IPO, which received the approval of the Securities and Exchange Commission (SEC), will involve the offer of […]
J.P. Morgan returns Nigeria to bond index after 11 years
•$17.47bn FGN debt eligible •Nigeria gets 7.4% weighting By Emma Ujah, Abuja Bureau Chief Nigeria is set to attract fresh foreign capital into its domestic debt market following the decision by global investment banking giant, J.P. Morgan, to return Federal Government of Nigeria, FGN, bonds to its Bond Index in its newly introduced Government Bond […]
