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Nigeria banks retain record cash despite CBN liquidity squeeze
Nigeria’s banks hold a record N8.505 trillion in liquidity despite CBN’s N5.667 trillion OMO auctions, defying efforts to tighten cash supply.
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Nigeria banks retain record cash despite CBN liquidity squeeze
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Tool Reviews
NNPC remits N11 trillion to government
BY Quincy Hollingsworth • November 5, 2026
NNPC remits about N11 trillion to government in 2026, a slight decline from last year's remittance period.
Vitafoam Nigeria’s profit jumps 47% on cost efficiency
Blythe Ashford • November 4, 2026
Vitafoam Nigeria’s profit jumps 47% due to improved cost efficiency, driving earnings growth despite moderate revenue increase.
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British taxpayers face an £850 billion interest bill over the next six years as the country's debt pile reaches record levels. £123.9 billion will be.
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Nigeria banks retain record cash despite CBN liquidity squeeze
By Waverly Drummond November 10, 2026
Nigeria’s banks hold a record N8.505 trillion in liquidity despite CBN’s N5.667 trillion OMO auctions, defying efforts to tighten cash supply.
Nigerian troops disrupt terror networks, free hostages
By Blythe Ashford November 9, 2026
Nigerian troops dismantle terror networks, free 42 hostages, and kill 60 terrorists in a week-long operation targeting arms supply chains nationwide.
Two New Cafés Open on Lagos Island
By Waverly Drummond November 7, 2026
Two new cafés on Lagos Island, Roll and Roast in Ikoyi and Cusp Patisserie in Victoria Island, offering fresh pastries and drinks.
Naira’s Weakness Persists Despite Record Foreign Reserves
By Quincy Hollingsworth November 6, 2026
Nigeria's naira weakens despite record foreign reserves, revealing deeper economic challenges.
NNPC remits N11 trillion to government
By Quincy Hollingsworth November 5, 2026
NNPC remits about N11 trillion to government in 2026, a slight decline from last year's remittance period.
Vitafoam Nigeria’s profit jumps 47% on cost efficiency
By Blythe Ashford November 4, 2026
Vitafoam Nigeria’s profit jumps 47% due to improved cost efficiency, driving earnings growth despite moderate revenue increase.
Naira dips slightly as FX liquidity moderates in November
By Blythe Ashford November 3, 2026
Naira dips slightly in November as FX liquidity moderates, with the US dollar trading at N1,347.94 according to CBN data.
Burnham and Healey’s shift away from Thatcher’s Big Bang legacy
By Blythe Ashford November 2, 2026
Burnham and Healey's policies mark a shift away from Thatcher's Big Bang legacy, as Ruth Sunderland highlights a new direction in economic reforms.
Tony Hadley vows to perform into his 90s
By Quincy Hollingsworth November 1, 2026
Tony Hadley, Spandau Ballet's iconic singer, vows to perform into his 90s, treating his voice as his pension.
Poundland faces collapse after rejected rescue bid
By Quincy Hollingsworth October 31, 2026
Poundland faces collapse after rejected rescue bid, leaving 12,000 jobs and 600 stores at risk as administrators take over.
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