Nigeria’s Inflation Rate – May 2026

Key Highlights on Inflation figure in May 2026 Nigeria’s headline inflation increased to 15.93% year-on-year in May 2026, from 15.69% in April, marking the third consecutive monthly increase in the annual inflation rate. Month-on-month inflation, however, declined in line with to 1.75%, from 2.13% in April, suggesting that while inflationary pressures remained elevated, the pace […]

Twelve years after Holdcos, CBN seeks stronger oversight of financial group

The proposed amendments reflect lessons from past financial crises, including the 2008 global financial crisis and Nigeria’s banking sector intervention in 2009. By strengthening ownership requirements, introducing a capital buffer, restricting cross-shareholding and enhancing governance standards, the CBN aims to build a more resilient financial system. The reforms seek to improve transparency, ensure clearer lines […]