Banks Shut 476 Branches In Three Years – CBN

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Banks Shut 476 Branches In Three Years – CBN

Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by 8.8 per...

Stock Market Losses N1.9trn To Profit-Taking

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Stock Market Losses N1.9trn To Profit-Taking

The Nigerian equities market reversed bullish trend last week, as N1.9 trillion was lost to widespread profit-taking across major stocks. The market was bullish penultimate...

Dollar To Naira Exchange Rate Today, September 11, 2026

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Dollar To Naira Exchange Rate Today, September 11, 2026

The naira is trading at about ₦1,329.44 to the US dollar at the Nigerian Foreign Exchange Market (NFEM), while the dollar is quoted at around ₦1,390...

Economic Gains Must Show In Nigerians’ Lives — CIBN

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NIBSS National Payment Stack Hits 100m Transactions, Deepens Financial Inclusion

Nigeria’s improving macroeconomic indicators will amount to little if they failed to translate into lower living costs, more jobs, higher incomes and better living...

Naira Rises To N1,387/$ In Parallel Market

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Naira Rises To N1,387/$ In Parallel Market

The Naira yesterday appreciated to N1,387 per dollar from N1,390 in the parallel market on Monday. Similarly, the naira appreciated to N1,322.9 per dollar in...

Nigeria’s Trade Surplus Jumps 67% To N12.59trn In Q2’26

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NIBSS National Payment Stack Hits 100m Transactions, Deepens Financial Inclusion

Nigeria’s merchandise trade surplus surged by 66.8 per cent quarter-on-quarter to N12.59 trillion in the second quarter of 2026, from N7.55 trillion recorded in...

DMO Offers Two Savings Bonds For September Subscription

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DMO Offers Two Savings Bonds For September Subscription

The Federal Government through the Debt Management Office, DMO, has offered two savings bonds for September subscription. DMO made this announcement yesterday noting that the...

26 States’ Wage Bills Surpasses IGR, Forcing Reliance On FAAC

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FG, States, LGs Shares N2.34tn As Revenue Falls

At least 26 state governments could not generate enough internal revenue to cover their personnel costs in 2025, as they continue to depend on...

Dollar To Naira Exchange Rate Today, September 7, 2026

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Dollar To Naira Exchange Rate Today, September 7, 2026

The dollar-to-naira exchange rate opened the new week with the naira trading at about ₦1,321.68 per US dollar at the official rate, while the...

Naira Rises, Now N1,405/$ In Parallel Market

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Naira Rises, Now N1,370/$ In Parallel Market

The Naira yesterday appreciated to N1,405 per dollar from N1,410 in the parallel market on Wednesday. Likewise, the naira appreciated to N1,322.5 per dollar...

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