Pound To Naira Exchange Rate Today, May 6, 2026
The Nigerian Naira traded slightly firmer against the British Pound Sterling on Wednesday, May 6, 2026, across both the official Nigerian Foreign Exchange Market...
Tinubu Hails Cardoso’s Reforms, Banking Recapitalisation
•Union Bank, Polaris, Keystone Banks on course President Bola Ahmed Tinubu has praised Olayemi Cardoso for leading reforms at the Central Bank of Nigeria (CBN),...
Tinubu Unveils N25trn Pension War Chest
President Bola Tinubu yesterday unveiled a N25 trillion pension asset pool as part of a sweeping social protection drive, assuring that Nigerian workers would no...
Foreign Inflows Jump 78% On NGX Amid Rising Outflows
The Nigerian Exchange Limited (NGX) recorded a significant shift in foreign investment activity in the first quarter of 2026, Q1’26, as foreign inflows surged...
Naira Appreciates To N1,387/$ In Parallel Market
The Naira yesterday appreciated to N1,387 per dollar in the parallel market from N1,389 per dollar last week Friday. But the naira depreciated to N1,349.7...
Recapitalisation: 12 Insurance Firms In Tight Corner
•Regulator insists on the deadline  •Some insurers consider scaling down As the July 31 deadline given to insurance companies to meet the recapitalisation requirement draws near, indications...
Dollar To Naira Exchange Rate Today, April 16, 2026
The Nigerian Naira demonstrated a firming trend against the United States Dollar in the early hours of Thursday, April 16, 2026, as increased market...
Why Strengthening Nigeria’s Banks Matters
 “The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...
33 Banks Now Bigger, Stronger
The recent recapitalisation exercise led by the Central Bank of Nigeria, CBN, which saw 33 deposit money banks raise an impressive N44.65 trillion, is...
CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, revealing that 33 deposit money banks collectively raised...
