…N40.19bn due to elevated logistics and promotional activity. “While foreign exchange liquidity and inflationary pressures remain key operational considerations, management remains committed to cost-optimization, local sourcing, and market innovation to sustain momentum into the second half of the year,” the filing conc…
…NBA presidential campaigns have crossed the N1 billion mark, turning the contest into a liquidity derby. The NBA is a multi-billion-dollar organisation, making its presidency a position of huge patronage. “The high cost of elections has forced candidates to seek funding from Politically Exposed Persons, PEPs,” a develo…
…attract appropriate sanctions as it works to maintain orderly conditions and sustain liquidity in Nigeria's foreign exchange market.
…criticism of the reform programme suggesting that gains in revenue, foreign exchange liquidity and investor confidence have yet to translate into meaningful relief for households facing high food, transport and living costs. Speaking at a ‘ conference organised by BusinessDay newspaper, in Lagos, yesterday, Oyedele sai…
…to facilitate the seamless implementation of the framework and support sustained liquidity in the retail segment of the foreign exchange market. To facilitate the implementation of the guidelines, the CBN announced an electronic portal to enhance interaction between BDC operators and the Nigerian Foreign Exchange Marke…
…been supported primarily by domestic macroeconomic reforms, improved foreign exchange liquidity and renewed investor confidence. by Linda Ikeji at 10/07/2026 7:33 AM | Share this Story
…in dollar terms this year, buoyed by macroeconomic reforms, improved foreign exchange liquidity and renewed investor confidence. According to a Bloomberg report yesterday, Nigeria's benchmark stock index has returned 67 percent in dollar terms since the beginning of the year. The performance edged South Korea's Kospi i…
…a narrow range in recent days, as traders and investors closely monitor foreign exchange liquidity and the level of demand for the US dollar. Meanwhile, activity in the parallel market, commonly referred to as the black market, showed the dollar exchanging at around ₦1,410. However, the exact rate differed slightly dep…
…within a relatively stable range in recent sessions as market participants monitored liquidity conditions and foreign exchange demand. In the parallel market, also known as the black market, the US dollar exchanged at about ₦1,410/$, although rates varied slightly across dealers and locations. The difference between th…
…activity. The Central Bank of Nigeria (CBN) has sustained measures aimed at boosting liquidity in the official market and promoting a more transparent exchange rate system. Analysts say investors and businesses are closely monitoring foreign exchange inflows, crude oil earnings, and monetary policy decisions, as these…
…reforms. Market analysts linked the sustained improvement to stronger foreign exchange liquidity across the official market. They also cited improved investor confidence, which has supported demand and supply conditions in the foreign exchange market. According to analysts, sustained policy measures introduced by the C…
…role in preserving financial stability. Under the law, the CBK may provide emergency liquidity assistance where it considers intervention necessary to preserve financial stability. Eligible institutions must be solvent and viable, not under liquidation, and considered systemically important or likely to pose risks to t…
…across Africa. Africa has become a testbed for tokenisation due to its perceived illiquidity across capital markets, shallow secondary trading, and restrictive foreign exchange (FX) controls in many countries that make it difficult to move money in and out. In 2022, impact investment firm Mercy Corps Ventures (MCV), ba…
…attributed the relatively stable exchange rate to sustained foreign exchange liquidity and the Central Bank’s ongoing reforms aimed at improving transparency and efficiency in the foreign exchange market. Analysts say the direction of the naira in the coming days will continue to depend on foreign exchange inflows, imp…
…by 2031, according to Mordor. While tokenisation promises broader access, greater liquidity, and faster settlement, it does not eliminate the risks associated with the underlying assets. For example, tokenised property, used in real estate, still depends on proper legal ownership, independent custody, accurate valuatio…
…that the session attracted genuine participation rather than representing a low-liquidity technical bounce. Analysts will be watching whether the banking sector's Monday recovery can sustain momentum through the remainder of the week, or whether profit-taking resumes as investors use rallies to exit positions accumulat…
…billion, supported by investments in property, plant and equipment, alongside improved liquidity. The strong financial performance provides SAHCO with additional capacity to pursue its regional expansion ambitions while continuing to invest in operational infrastructure and service enhancement. What you should know: SA…
…billion, supported by investments in property, plant, and equipment, as well as improved liquidity and overall balance sheet strength.
…systems rather than pure software. He predicted more of SpaceX's alumni, flush with liquidity and shaped by working alongside Musk, will go on to start their own ambitious physical-world companies. Whether Shinkei becomes one of the firm's next big wins will take time to know. It's bitten off a lot. The company is a ro…
…Refinery private placement. Market participants say some investors have been raising liquidity to participate in what is expected to be one of the largest corporate capital raises in Nigeria's history. Sources familiar with the transaction told Nairametrics that bids in excess of $5 billion were received, largely from…
The naira ended the week weaker across foreign exchange (FX) market segments amid slowing market liquidity, despite Nigeria’s external reserves
…inflation and attracting foreign portfolio investment needed to support foreign exchange liquidity. "A significant portion of capital inflows is coming through portfolio investments because of the attractive interest rate environment," Yusuf said. "Ordinarily, the peace deal should support a slight reduction in inflati…
…on inter-group transactions and closes loopholes around shared services to prevent liquidity from siphoning away from core banking operations. This upheaval is damaging the business models of diversified conglomerates and reducing internal cash flexibility, which could lower overall efficiency and future dividends for…
…later. The sustained increase reflects stronger foreign exchange inflows and improved liquidity conditions in the country's external sector. More insights Nairametrics had earlier reported that Nigeria's external reserves gained more than $1 billion during the first half of June, extending the positive momentum recorde…