Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record ...

Nigerian Economic Summit Group (NESG) has released a report, listing the expected outcomes of effective stabilisation reforms in 2025.

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

Unemployment Rate 4.1% The unemployment rate changed little at 4.1% and total nonfarm payroll employment increased by 256,000 in December. Healthcare, government, and social assistance saw increases, ...

The NESG on Thursday projected a notable appreciation of the naira to an average exchange rate of N1,300 to the US dollar in ...

There are indications that banks have begun the implementation of a daily withdrawal limit of N100,000 and a weekly limit of N500,000 on Point-of-Sale terminals.

Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.

In line with CBN directives, please note that effective immediately, the daily withdrawal limit on PoS is now N100,000, while the weekly ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...

The Nigerian stock market is poised for significant growth in 2025, with Arthur Steven Asset Management Limited (ASAM) projecting a 39 ...

Nigeria’s foreign exchange reserves declined significantly in two weeks this January 2025, falling by $832.62 million between January 6 and ...