…points, but borrowing costs rose in eight of 11 sectorsExperts say banks’ funding costs, liquidity and credit risks are slowing the impact of rate cutsExpensive loans could delay business investment, while lower deposit rates may reduce returns for saversPAY ATTENTION: Find it fast with our new search feature at Legit.…

…about ₦1.01 to close at ₦1,346.93 per dollar, supported by stronger foreign exchange liquidity and fresh inflowsInterbank dollar transactions surged 447% to nearly $119 million as the CBN’s $950 million intervention eased market pressureThe modest recovery may offer relief to importers and households, but the naira rem…

…reinforces Flutterwave’s position as a licensed, regulated bridge connecting global liquidity to African commerce. With Flutterwave’s Asia-Africa transaction value nearing $1 billion in the first half of 2025 alone, the company continues to scale enterprise-grade payment rails, spanning multi-currency accounts, local p…

…activity in the official market.The naira's appreciation came amid reports of dollar liquidity support from the CBN through authorised dealer banks following recent pressure on the local currency.The intervention was aimed at easing foreign exchange demand pressures and supporting the naira after its recent depreciatio…

…outlined four cardinal priorities: enhancing energy zones, strengthening sector liquidity and sustainability, optimising existing assets, and expanding infrastructure to meet future demand. The framework is designed to address constraints across generation, transmission and distribution, ensuring that investments trans…

…to their holdings in equities and fixed-income securities also contributed to changing liquidity conditions.Dollar transactions drop sharply at official marketForeign exchange activity slowed considerably as transaction volumes and the number of executed deals declined.CBN figures showed that interbank foreign exchange…

…ratio on non-treasury single account public sector deposits are intended to improve liquidity management and mitigate risk. “The Nigerian Overnight Financial Rate was also introduced by the bank in collaboration with the Financial Market Dealers Association, among other initiatives. This benchmark, which aligns Nigeria…

Nigeria’s broad money supply rose by N7.51tn in September 2026 to N146.6tn, as liquidity in the financial system continued to expand. Data published by the Central Bank of Nigeria showed that money supply, measured as M3, increased by 5.4 per cent from N139.09tn in August. The increase brings money supply growth since…

*Flags sovereign debt exposure as banking sector risk *Calls for adequate capital, liquidity buffers, timely recognition of bad loans *Warns AI market correction could trigger wider global financial instability By Babajide Komolafe, Economy Editor, in Bangkok, Thailand The International Monetary Fund (IMF) has urged Ni…

…Government to increase domestic borrowing to clear outstanding obligations and inject liquidity into the gas supply chain, while strengthening pipeline and physical security and providing incentives for investment in upstream gas gathering and marginal fields. Ife added: “Nigeria’s gas challenge is no longer simply abo…

…Director and Chief Executive Officer, Akin Odeyemi, said the payments would restore liquidity across the electricity value chain and strengthen the financial position of participating companies.According to him, financially healthier generators would be better placed to maintain and upgrade their plants, increase elect…

…The bonds are listed on the Nigerian Exchange Limited and qualify as liquid assets for liquidity ratio calculations for banks. The DMO stated that the savings bonds are backed by the full faith and credit of the Federal Government of Nigeria and charged upon the general assets of the country. The coupon payment dates f…

…at approximately ₦1,327.08, reflecting a steady baseline supported by improved market liquidity and higher turnover. Meanwhile, parallel-market traders quoted the dollar within a range of ₦1,370 to ₦1,390, maintaining a relatively narrow gap between formal and informal FX pricing compared to historical market dislocati…

…not raised through borrowing but were made possible by improvements in the country’s liquidity and foreign reserves. He said, “Let’s be honest. Forget about what the politicians are saying. You know, we are all politicians. But I am saying, in actual fact, that is what happened. “The President raised $500m to rebuild t…

…the Nigerian Stock Exchange. Those listings never came. Investors’ funds were trapped, liquidity vanished, and the Securities and Exchange Commission looked the other way while companies treated the capital market as a private hunting ground. IGI Plc, which raised N2.9 billion in 2006, remains in the “Red” category on…

…return swap financing arrangement could expose Nigeria to additional debt-management and liquidity risks despite its potential benefits. In a special report obtained, Fitch said that while total return swaps can provide governments with hard-currency liquidity, diversify funding sources, and lower borrowing costs, the…

…at sub-zero temperatures. However, here is the drift. After many years of financial illiquidity in the power sector, darkness in many parts of the country and recurring national grid collapses, here comes a brilliant idea to identify high-demand commercial and industrial hubs, such as Lagos, the Abuja-Kaduna-Kano corri…

Liquidity in Nigeria’s banking system climbed sharply to N8.84tn ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, raising expectations of a substantial cash withdrawal from the financial system. The latest liquidity position represents a 37.01 per cent increase from N6.45tn,…

…official and parallel foreign exchange markets on Tuesday, supported by improved dollar liquidity and a sharp rise in interbank FX turnover.The local currency also recorded gains against the British pound and euro, while the gap between the official and street-market dollar rates narrowed further.A new exchange rate em…

…allocation weakened price signals and created opportunities for arbitrage. Excess liquidity increased pressure on the foreign exchange market. Uncertainty then pushed more activity away from the formal market, placing further strain on confidence. He said these situations formed the bases for all the various reforms un…

…directly to dealers’ available dollar supplies and prevailing demand. Foreign exchange liquidity, dollar inflows and the country’s external reserves are among the factors being watched by market participants as the third quarter approaches its end. What the rates mean for dollar buyers The actual amount paid for dollar…

…to settle verified legacy debts owed to electricity generation companies and restore liquidity to Nigeria’s power sector. The transaction comprises N402 billion in cash bonds raised from the domestic capital market and N326.979 billion in non-cash bonds allotted to participating generation companies. Speaking at the si…

…the reliability and stability of the national grid, improving discipline and liquidity in the electricity market and creating a more productive, inclusive and supportive workplace for its employees. The post NISO intensifies efforts on grid stability, market discipline appeared first on Tribune Online.

…exchange rates across official channels, a policy shift that has contributed to improved liquidity conditions. Trading in the naira-pound pair has entered a narrower range, with the pound hovering around the N1,800 level. Technical support for the naira sits at N1,780 per pound, while resistance is seen around N1,840,…

…of the government to pay the shortfalls as promised has been the major cause of the liquidity crisis in the power sector. However, the power minister, Joseph Tegbe, said the challenges of liquidity would be addressed next year.