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Banks slash lending, cut N5.4trn across key sectors
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CBN opens second sandbox for virtual assets, data-driven finance

By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria, CBN, yesterday opened applications for the second cohort of its Regulatory Sandbox Programme, introducing dedicated tracks for virtual assets and data-enabled financial services. Applications open today and close August 31, 2026, with the programme providing a controlled environment for innovators to test new financial products, […]

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Morning recap: Senator summoned over ‘kill them’ comment as Osun election tension rises, 10 cops killed in Kebbi bandit attack, other top stories

Stay informed with our Nigeria news recap. Get updates on the Osun election, Kebbi bandit attack, Air Peace flight disruptions, and more top stories.

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Nigeria’s capital importation rises 256.9% to $2.82bn 
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Nigeria’s capital importation rises 256.9% to $2.82bn 

Nigeria’s capital importation rose by 256.9 per cent year-on-year (YoY) to $2.82 billion in April 2026 from $0.79 billion in the corresponding period of 2025, indicating increased investor confidence in the economy, the Central Bank of Nigeria (CBN) has said. However, capital importation declined by 26.7 per cent month-on-month (MoM) from $3.85 billion in March […]

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