Daily Financial Briefing
NIGERIA
06 August 2026
● LIVE
Market
LIVE
Today Data
Coverage
Daily
20:00 UTC
Source
Global
EcoMauritiusHub

Nigeria — Financial Briefing | 06 August 2026

---

1. MARKET OVERVIEW

Index / MarketValueChange% Change
NGX All-Share Index**98,742.15**+312.40+0.32%
NGX 30 Index**3,841.60**+18.75+0.49%
Market Capitalisation**₦58.3trn**+₦0.19trn+0.33%
Volume Traded**412.6m shares**
Value Traded**₦7.84bn**
Number of Deals**6,218**

Top Gainers: Dangote Cement +5.00% | MTNN +3.42% | Zenith Bank +2.18%

Top Losers: Okomu Oil -4.85% | Conoil -3.10% | Transcorp -1.75%

---

2. CURRENCY AND FOREX

PairRate (₦)Change% Change
USD/NGN (Official)**₦1,648.50**+4.20+0.26%
USD/NGN (Parallel)**₦1,672.00**+6.00+0.36%
EUR/NGN**₦1,794.30**+5.10+0.28%
GBP/NGN**₦2,098.75**+7.40+0.35%
CNY/NGN**₦227.60**+0.85+0.37%
Foreign Reserves**$38.42bn**-$0.06bn-0.16%

CBN Intervention (06 Aug): $45.0m injected into the NAFEM window.

---

3. ECONOMIC INDICATORS

IndicatorPeriodFigure
GDP Growth RateQ1 2026**3.84% YoY**
Inflation Rate (CPI)July 2026**22.17%**
Food InflationJuly 2026**24.63%**
Core InflationJuly 2026**19.48%**
MPR (Policy Rate)August 2026**27.50%**
Unemployment RateQ4 2025**33.3%**
Crude Oil ProductionJuly 2026**1.54m bpd**
Brent Crude Price06 Aug 2026**$81.42/bbl**
Bonny Light Price06 Aug 2026**$83.10/bbl**
PMI (Manufacturing)July 2026**51.3**

---

4. BANKING SECTOR

MetricFigurePeriod
CBN Benchmark Rate (MPR)**27.50%**August 2026
Cash Reserve Ratio (CRR)**45.00%**August 2026
Liquidity Ratio**30.00%**August 2026
Average Lending Rate**31.20%**July 2026
Average Savings Rate**8.45%**July 2026
Total Banking Sector Credit**₦73.6trn**June 2026
Non-Performing Loan Ratio**4.82%**June 2026
Total Banking Assets**₦148.2trn**June 2026

Zenith Bank H1 2026 PBT: ₦482bn | GTCo H1 2026 PBT: ₦438bn

---

5. TRADE AND INVESTMENT

IndicatorFigurePeriod
Trade Balance**+$1.84bn**May 2026
Total Exports**$5.62bn**May 2026
Oil Exports**$4.31bn**May 2026
Non-Oil Exports**$1.31bn**May 2026
Total Imports**$3.78bn**May 2026
FDI Inflows**$1.12bn**Q1 2026
FPI Inflows**$0.74bn**Q1 2026
Remittance Inflows**$5.93bn**Q1 2026
External Debt**$42.7bn**Q1 2026

---

6. KEY FINANCIAL NEWS

  • **NNPCL** announces crude lifting volume of **1.54m bpd** for July 2026, up **0.08m bpd** MoM.
  • **CBN** holds MPR at **27.50%** following August 2026 MPC meeting; CRR unchanged at **45.00%**.
  • **Dangote Refinery** daily output reaches **420,000 bpd**; petrol pump price holds at **₦1,185/litre** in Lagos.
  • **DMO** raises **₦312.5bn** at the August FGN bond auction; oversubscribed by **2.4x**.
  • **NGX** records seventh consecutive positive session; YTD return stands at **+18.6%**.
  • **Access Holdings** completes **₦351bn** rights issue; funds earmarked for regional expansion.
  • ---

    7. OUTLOOK

    IndicatorCurrentNear-Term ProjectionPeriod
    Inflation**22.17%****21.40–22.00%**Sept 2026
    MPR**27.50%****27.50%** (hold)Sept 2026
    USD/NGN (Official)**₦1,648.50****₦1,640–₦1,670**30-day range
    Oil Production**1.54m bpd****1.56–1.60m bpd**Q3 2026
    GDP Growth**3.84%****3.90–4.10%**Q2 2026 est.
    NGX ASI**98,742****99,000–101,500**30-day range

    Continued crude output recovery and Dangote Refinery ramp-up remain the primary near-term growth catalysts.