Business
Third Monthly Inflation Drop Puts Pressure On MPC To Cut Rates
Three months of easing inflation and a first fall in food inflation in six months strengthen the case for another cut, but the MPC remains split.
CBN Offers ₦500 Billion in Final Q3 T‑Bills, September Receipts May Top ₦2.4 Trillion
The CBN will auction ₦500 billion in Treasury Bills on Sept 23, with bids due 8-11 a.m. Allotments and payment are due by 11:00 a.m. on Sept 24.
Naira Set To Consolidate Near ₦1,350/$ As CBN Holds Rates
A likely CBN rate hold and high MPR curb naira gains, pointing to a gradual pullback or consolidation near ₦1,350/$.
Sanusi Admits Blocking Telcos Slowed Nigeria’s Financial Inclusion
Muhammadu Sanusi II said his ban on telcos entering banking slowed Nigeria’s inclusion drive. A 2026 survey shows inclusion at 79%, gaps remain.
Agriculture Credit Rises to N3.86tn as Oil and Gas Lending Falls
Credit to Nigeria’s agriculture sector rose to N3.86 trillion in March 2026, while oil and gas lending declined by N335 billion during the first quarter.
Banks Park ₦83.95tn with CBN as Borrowing Drops 82%
Nigerian banks increased deposits with the Central Bank of Nigeria's Standing Deposit Facility to N83.95 trillion in July 2026, while borrowing through the Standing Lending Facility declined sharply, according to the latest CBN data.