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Senate Moves to Strengthen Nigeria’s Financial System Through Coordinated Reforms

Senate Moves to Strengthen Nigeria’s Financial System Through Coordinated Reforms The Senate Committee on Banking, Insurance and Other Financial Institutions has intensified efforts to strengthen Nigeria’s financial system through closer collaboration with regulators and industry stakeholders. The committee convened an expanded stakeholders’ engagement in Lagos on Saturday, bringing together representatives of key financial institutions, including

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Business & Economy NEWS

Nigeria’s Foreign Reserves Rise to $52.5bn, Highest in 17 Years — CBN

Nigeria’s Foreign Reserves Rise to $52.5bn, Highest in 17 Years — CBN Nigeria’s foreign exchange reserves have risen above $52.5 billion, reaching their highest level in 17 years, the Central Bank of Nigeria (CBN) has said. The CBN attributed the increase to stronger foreign exchange inflows and renewed investor confidence in the Nigerian economy. Acting

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Business & Economy

Nigeria’s Inflation Drops for First Time in Three Months Ahead of CBN Rate Decision

Nigeria’s headline inflation saw a decrease in June 2026, marking the first decline since February. This comes as the Central Bank of Nigeria (CBN) is scheduled to decide on the country’s interest rate on July 21.  The National Bureau of Statistics, in its Consumer Price Index and inflation data released on Wednesday, stated that Nigeria’s

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