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Nigeria Economy
CBN Cuts Interest Rate to 23%, First Reduction Since July Hold
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has announced a cut in its Monetary Policy Rate (MPR) from 26.5%...
NAICOM, NIA Call for Stronger Ties With NAIPE to Boost Insurance Growth
L-R: Dr. Julius Odidi, Head, Lagos Office, National Insurance Commission, Mrs. Ebere Nwoji, Chairperson, Nigerian Association of Insurance and Pension Editors (NAIPE); Mrs...
Again, CBN Retains Interest Rate at 26.5%
BY NKECHI NAECHE-ESEZOBOR—–Nigeria’s apex bank, the Central Bank of Nigeria retained the Monetary Policy Rate (MPR), the country’s benchmark interest rate, at 26.5...
Nigerian Stock Market to Rebound in H2 2026 Despite Economic, Political Risks – Expert
BY NKECHI NAECHE-ESEZOBOR—Nigeria’s stock market is expected to record a mild recovery in the second half of 2026, driven by stronger corporate earnings,...
CBN Revokes Licences of 46 Microfinance Banks
BY NKECHI NAECHE-ESEZOBOR—The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks with effect from July 1, 2026,...
Nigerian Insurance Industry Hits ₦2.3 Trillion Premium Milestone in 2025 – NIA
BY NKECHI NAECHE-ESEZOBOR—The Chairman of the Nigerian Insurers Association (NIA), Mr. Kunle Ahmed, has disclosed that Nigeria’s insurance industry recorded a historic Gross...
Expert Sees Equities Recovering as Reforms Strengthen Investor Confidence
Nigeria’s equities market is expected to record a gradual recovery in the second half of 2026 as improving corporate performance and ongoing economic...
Oyedele Proposes Commercial Tribunal to Fast-Track Business Disputes
BY NKECHI BAECHE-ESEZOBOR-Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has advocated the creation of a specialised Commercial Dispute...
