Monetary and Credit Statistics May 2026
CBN May 2026 Money and Credit Data – Key Highlights and Insights The Central Bank of Nigeria (CBN) has released the Monetary and Credit Statistics for May 2026, providing updated insight into system liquidity, money supply movements, and credit dynamics. Below are the key highlights: Key Highlights (May 2026) Money Supply (M3) increased by 3.38% […]
FMDA’s Weekly Market Report June 22, 2026
Weekly Market Insights: Global Trends and Local Implications Average system liquidity declined significantly by 13.69% last week, as the CBN withdrew an estimated N1.49 trillion through Treasury bill auctions, while lower maturities limited liquidity injections into the financial system. Looking ahead, liquidity conditions are expected to improve, with about N3.39 trillion projected from maturing securities […]
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 […]
FMDA’s Weekly Market Report June 15, 2026
Weekly Market Insights: Global Trends and Local Implications Average system liquidity declined by 1.10% to N4.61 trillion, as the CBN intensified its liquidity sterilisation efforts, withdrawing an estimated N3.83 trillion from the financial system. Looking ahead, about N1.53 trillion is expected from maturing securities this week, slightly higher than the N1.48 trillion expected last week. […]
Nigeria Inflation Forecast – May 2026
Global & regional inflation backdrop Inflation pressures remained elevated across major economies in May 2026. In the United States, inflation increased to 4.2 percent from 3.8 percent in April, while the Euro Area rose further to 3.2 percent from 3.0 percent. In contrast, inflation in China remained unchanged at 1.2 percent, reflecting subdued price pressures […]
Nigeria’s Merchandise Trade Q1 2026
Nigeria’s total merchandise trade rises 2.68% YoY to $25.15bn in Q1 2026: Nigeria’s merchandise trade surplus more than doubled to $5.45 billion in Q1 2026, compared with $2.60 billion in Q1 2025, as stronger export earnings coincided with a decline in import demand. Total exports rose by 12.94% year-on-year to $15.30 billion, driven largely by […]
FMDA’s Weekly Market Report June 8, 2026
Weekly Market Insights: Global Trends and Local Implications Average system liquidity improved by 4.59% to N4.66 trillion, despite the CBN’s liquidity management operations, supported by sizeable maturities during the week. Looking ahead, only N673.92 billion is expected from maturing securities this week, significantly lower than the N3.17 trillion projected for last week. OMO maturities account […]
Nigeria Capital Importation for Q1 2026
Key Highlights on Foreign Portfolio Investment (FPI) and Foreign Direct Investment (FDI) Total capital inflows increased by 83.8% YoY to $10.37 billion in Q1 2026, compared with $5.64 billion in Q1 2025. Foreign Portfolio Investment (FPI) remained the dominant source of inflows, rising 89.5% YoY to $9.86 billion and accounting for 95.1% of total capital […]