The NBS, on Monday, reported that Nigeria’s headline inflation rate rose slightly to 15.93 per cent in May 2026 from 15.69 per cent in April.
Total pension assets increased from N29.52 trillion in March to N30.94 trillion in April, representing a 4.8 per cent month-on-month growth. Â
He called for wider adoption of digital payments, stronger fraud protection, and greater financial inclusion.
Nigerian banks accumulated more liquidity in Q1 2026, but lending to businesses saw a major decline despite the CBN’s decision to lower interest rates earlier this year.
The latest decision extends the CBN’s careful policy approach after two consecutive rate cuts since September 2025.
Despite the difficult operating environment, businesses across major sectors maintained a positive outlook for the economy.
The survey further showed that expenditure pressures remain elevated.
The instruments on offer are a N300 billion, 22.60 per cent January 2035 bond and a N300 billion, 16.2499 per cent April 2037 bond. The bonds are offered at N1,000 per unit.
Nigeria made history in 2017 as the first African country to issue a sovereign green bond, positioning itself within the fast-growing global sustainable finance market.
This is where many Nigerians have legitimate questions, particularly regarding the three banks that did not meet the deadline: Union Bank, Keystone Bank, and Polaris Bank.
