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 ...
Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...
The value of the naira has become more stable as the Central Bank of Nigeria (CBN) keeps intervening in the foreign exchange ...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the remittances of the country is expected to double as the current value of the naira makes it competitive to attract ...
Banks are paying more to borrow money after the Nigerian Treasury bills auction reduced the cash available in the financial system.
Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record ...
The National Pension Commission (PenCom) said the total amount released from the 2024 retirees’ rights settlement has risen to N66 billion.
Banks across the country have commenced the enforcement of the Central Bank of Nigeria’s (CBN) directive to limit ...
Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.
African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an excess of $120 million. The digital payment company explained that the ...
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...