CBN
Nigerian Financial Institutions Race to Meet 2027 Cloud Migration Deadline
By Benson Daniel Nigeria’s financial institutions are facing a high stakes technology transition as the January 2027 deadline for local storage and management...
Naira Strengthens Against Pound, Closes at N1,819/£1
By Benson Daniel The Nigerian naira strengthened against the British pound, with the pound closing at N1,819 on Tuesday, improving from N1,830 recorded...
IMTO Inflows Rise 45% to Record $1.29bn in First Quarter
By Benson Daniel Nigeria recorded a strong increase in foreign exchange inflows through International Money Transfer Operators in the first quarter of 2026,...
NAFEM Turnover Climbs to $1.41bn as Foreign Exchange Trading Rebounds
By Benson Daniel Turnover on the Nigerian Autonomous Foreign Exchange Market rose sharply to $1.41 billion on August 17, marking a five week...
Access Holdings Extends H1 Results Deadline to September 30 Over CBN Approval
By Benson Daniel Access Holdings Plc has extended the deadline for the publication of its audited financial statements for the first half of...
CBN Reports Record $1.29bn IMTO Inflows in Q1 2026
By Benson Daniel Inflows through International Money Transfer Operators rose to a record $1.29 billion in the first quarter of 2026, representing a...
Manufacturers Warn Rising Credit and Production Costs Could Derail Recovery
By Benson Daniel Nigeria’s manufacturing sector is facing renewed pressure from high borrowing costs and rising production expenses, with operators warning that the...
Data Localisation Will Create New Investment Opportunities – Galaxy Backbone CEO
By Benson Daniel Nigeria’s data localisation policy could unlock significant investment opportunities across the country’s digital economy, particularly in data centres, cloud computing,...
