The Naira regained value on Tuesday, bouncing back from a two-day decline to close at N1,382.63 against the U.S. dollar at the official market. Data from...
Nigeria’s external sector came under pressure in 2025, as the country’s Balance of Payments (BOP) surplus declined sharply by 38.1 per cent to $4.23 billion, down...
The Central Bank of Nigeria (CBN) has warned that banks which fail to comply with its directive restricting loan defaulters from accessing further credit facilities will...
The Economic Community of West African States has expressed concern over rising tensions along the borders between Guinea, Liberia, and Sierra Leone, urging the countries involved...
As of March 12, 2026, no fewer than 30 out of the 35 banks operating in Nigeria have met the recapitalisation requirement set by the Central...
Passengers and motorists were left stranded for hours on Sunday as heavy traffic congestion followed the commencement of a cashless toll payment system introduced by the...
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) by 50 basis points to 26.5 per cent, signalling a slight shift in...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has stated that Africa must grow, industrialise, create jobs, expand opportunities, and lift millions...
Chairman of the Dangote Group, Aliko Dangote, has projected a significant appreciation of the naira, saying the currency could strengthen to about N1,100 to the dollar...
Nigeria’s headline inflation rate eased slightly to 15.10 per cent in January, down from 15.15 per cent recorded in December, according to the National Bureau of...
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