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Foreign Reserves Climb to $58.81 Billion, Highest in Nearly 18 Years
Nigeria’s foreign-exchange reserves rose to $58.81 billion on 12 October 2026, their highest level since 19 November 2008, when the...
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The naira opened the week lower against the US dollar on the official foreign-exchange market, according to Central Bank of...
OPay Estimates 57.4% Share of Nigeria’s Digital Loan Disbursements in 2025
OPay estimates that it accounted for 57.4 per cent of the total value of digital loans disbursed in Nigeria in...
States and FCT Collect N2.64 Trillion in PAYE as Payroll Taxes Surge
Nigeria’s 36 states and the Federal Capital Territory generated N2.64 trillion in Pay-As-You-Earn tax in 2025, a rise of about...
JP Morgan and Absa Eye Nigerian Merchant Banking Licences as Reserves Reach $55 Billion
JP Morgan intends to launch merchant banking operations in Nigeria before the end of 2026, pending regulatory approval, while South...
