Central Bank of Nigeria

Recent airport toll gate chaos and banking sector directives expose Nigeria's persistent failure to implement public policy with adequate preparation and stakeholder consultation.

Nigeria's headline inflation declined marginally to 15.06% in February from 15.10% in January, while the NGX All-Share Index crossed the 200,000-point mark for the first time, signaling divergent economic signals.

Signature Bank Limited has exceeded Nigeria's N50 billion minimum capital requirement for regional banks through a rights issue, becoming one of the first institutions to comply with the Central Bank's recapitalisation directive.

Kenya's KCB Group reported $530 million net profit for 2025 driven by National Bank of Kenya divestiture, while Nigerian fintech PalmPay expands physical presence amid tightening Central Bank oversight.

FCMB Group completed CBN's N500bn capital requirement ahead of deadline while private sector credit fell 2.8% YoY to N75.24trn in January, highlighting divergent trends in Nigeria's banking sector despite inflation moderation to 15.51%.

The Federal Reserve's March rate decision hinges on labour market data, while Nigeria prepares its largest rate cut since 2020 and the ECB emphasizes flexible policy-setting amid evolving economic conditions.

Nigeria's economy is expanding at its fastest rate in three years, yet households continue to face elevated living costs, prompting government intervention on poverty reduction.

Nigeria's central bank reduced its benchmark interest rate by 25 basis points to 26.5%, marking the first monetary easing in nearly two years, even as Dangote Cement reported profits doubled to N1 trillion amid persistent consumer hardship.

Mid-tier and smaller Nigerian banks are struggling to meet the Central Bank of Nigeria's recapitalisation requirements as the deadline nears, while major lenders have successfully raised capital, creating a two-tier banking system.

Nigeria's central bank deployed $190 million in foreign exchange intervention to manage rapid naira gains, with reserves now exceeding $50 billion threshold amid growing retail forex market participation across Africa.

Vice President Kashim Shettima predicts Nigeria's economy will shift from stabilization to acceleration in 2026, with the naira reaching N1,000 per dollar within weeks, as the Central Bank of Nigeria delivers a cautious rate cut amid inflation falling to an 11-year low.

Nigeria's House of Representatives moves forward with dedicated fintech regulatory commission while diaspora remittances increasingly flow into structured investment vehicles, signaling maturation of Africa's largest economy.

Nigeria's currency shows signs of stabilization despite short-term volatility, while the entry of new mobile service provider Lebara signals growing investor confidence in Africa's largest economy.

President Bola Tinubu has ordered direct remittance of oil and gas proceeds to combat revenue leakages while claiming reduced public tension over subsidy removal, as Nigeria's central bank signals a cautious monetary easing to support sustainable growth.

Nigeria's mid-sized banks delivered robust profit growth in 2025, with FCMB Group and Wema Bank outpacing peers, while BUA Cement's 367% profit surge highlighted broader corporate earnings strength across Africa's largest economy.