Nigeria Says 30 Banks Meet Capital Threshold Ahead of Deadline
Nigeria’s central bank said 30 lenders have met its new capital requirements threshold ahead of a March deadline, indicating a high level of compliance in record time.
Nigeria’s central bank said 30 lenders have met its new capital requirements threshold ahead of a March deadline, indicating a high level of compliance in record time. “Thirty banks have met the new minimum capital requirements applicable to their re... [274 chars]
Bloomberg
2026-03-07T08:23:43Z
Nigeria's net FX reserves surge to $34.8 billion in 2025, central bank says
Nigeria's net foreign-exchange reserves jumped to $34.8 billion by the end of 2025, up sharply from $3.99 billion two years earlier, central bank governor Olayemi Cardoso said, citing stronger... -March 03, 2026 at 02:52 am EST - MarketScreener
ABUJA, March 3 (Reuters) - Nigeria's net foreign-exchange reserves jumped to $34.8 billion by the end of 2025, up sharply from $3.99 billion two years earlier, central bank governor Olayemi Cardoso said, citing stronger external fundamentals and poli... [1129 chars]
MarketScreener
2026-03-03T07:52:57Z
Nigeria's net FX reserves surge to $34.8 bln in 2025, central bank says
Nigeria's net foreign-exchange reserves jumped to $34.8 billion by the end of 2025, up sharply from $3.99 billion two years earlier, central bank governor Olayemi Cardoso said, citing stronger external fundamentals and policy reforms that helped rebuild confidence in the currency market.
ABUJA, March 3 (Reuters) - Nigeria's net foreign-exchange reserves jumped to $34.8 billion by the end of 2025, up sharply from $3.99 billion two years earlier, central bank governor Olayemi Cardoso said, citing stronger external fundamentals and po... [1145 chars]
Reuters
2026-03-03T07:50:51Z
Nigeria inflation slows before first central bank meeting of 2026
Nigeria's annual inflation rate slowed slightly to 15.10% in January from 15.15% in December, the statistics office said on Monday, marking the tenth straight monthly decline. The data could encourage the central bank to cut interest rates next week, when it is scheduled to announce its first monetary policy decision of 2026.
ABUJA, Feb 16 (Reuters) - Nigeria's annual inflation rate slowed slightly to 15.10% in January (NGCPIY=ECI), opens new tab from 15.15% in December, the statistics office said on Monday, marking the tenth straight monthly decline. The data could encou... [774 chars]
Reuters
2026-02-16T13:11:41Z
Nigeria inflation slows before first central bank meeting of 2026
Nigeria's annual inflation rate slowed slightly to 15.10% in January from 15.15% in December, the statistics office said on Monday, marking the tenth straight monthly decline. The data could... -February 16, 2026 at 08:08 am EST - MarketScreener
ABUJA, Feb 16 (Reuters) - Nigeria's annual inflation rate slowed slightly to 15.10% in January from 15.15% in December, the statistics office said on Monday, marking the tenth straight monthly decline. The data could encourage the central bank to cut... [705 chars]
MarketScreener
2026-02-16T13:08:17Z
(USD: NGN) Nigeria Opens Official Dollar Market to Forex Bureaux
The Central Bank of Nigeria has for the first time granted currency-exchange bureaux access to dollars at the official market, seeking to ease retail shortages and narrow the gap between the naira’s formal and street rates.
The Central Bank of Nigeria has for the first time granted currency-exchange bureaux access to dollars at the official market, seeking to ease retail shortages and narrow the gap between the naira’s formal and street rates. All Bureau de Change’s lic... [378 chars]
Bloomberg
2026-02-11T12:34:45Z
Nigeria's central bank to sell dollars to retail FX traders to boost liquidity
Nigeria's central bank has approved weekly foreign currency sales of up to $150,000 to each licensed bureau de change operator as part of efforts to improve liquidity in the currency market, the... -February 11, 2026 at 06:00 am EST - MarketScreener
ABUJA, Feb 11 (Reuters) - Nigeria's central bank has approved weekly foreign currency sales of up to $150,000 to each licensed bureau de change (BDC) operator as part of efforts to improve liquidity in the currency market, the regulator said in a cir... [1366 chars]
MarketScreener
2026-02-11T11:00:59Z
Nigeria's central bank to sell dollars to retail FX traders to boost liquidity
Nigeria's central bank has approved weekly foreign currency sales of up to $150,000 to each licensed bureau de change (BDC) operator as part of efforts to improve liquidity in the currency market, the regulator said in a circular on Wednesday.
ABUJA, Feb 11 (Reuters) - Nigeria's central bank has approved weekly foreign currency sales of up to $150,000 to each licensed bureau de change (BDC) operator as part of efforts to improve liquidity in the currency market, the regulator said in a cir... [1299 chars]
Reuters
2026-02-11T10:56:15Z