Ecobank Raises $125 Million via Eurobond Tap to Bolster Liquidity
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has successfully raised an additional $125 million through a...
Nigerian Stock Market Climbs as Investors Pocket ₦614 Billion in One Week
The Nigerian equity market posted strong gains last week, adding ₦614 billion in market capitalisation, as investor confidence rebounded after...
CBN Bolsters Non-Oil Export Strategy Amid Oil Price Slump
With global crude oil prices dipping below expectations, the Central Bank of Nigeria (CBN) has intensified efforts to diversify the...
CBN Launches Diaspora BVN Platform, Targets $1 Billion Monthly Remittances
The Central Bank of Nigeria (CBN), in partnership with the Nigeria Inter-Bank Settlement System (NIBSS), has unveiled a new digital...
World Bank Forecasts 22.1% Inflation for Nigeria in 2025 Amid Monetary Tightening
The World Bank has projected that Nigeria’s inflation rate will average 22.1% in 2025, as the Central Bank of Nigeria...
World Bank Raises Concerns Over Nigeria’s N54.9 Trillion 2025 Budget
The World Bank has expressed doubts about Nigeria’s N54.99 trillion federal budget for 2025, calling it highly ambitious and warning...
Nigeria’s Currency Management Costs Soar to N315 Billion Amid Cash Crisis
The Central Bank of Nigeria (CBN) has reported a staggering increase in its currency management expenses, spending over N315...
Nigerian Stock Exchange Loses N25.27 Billion in Q1 2025 Amid Delistings
The Nigerian Exchange Limited (NGX) reported a net loss of N25.27 billion in market capitalization during the first quarter of...
Nigeria Sees Surge in FX Inflows as Non-Oil Exports and Reforms Drive Economic Diversification
Nigeria's foreign exchange inflows are receiving a significant boost as the country intensifies its shift away from oil dependence, with...
FG Plans to Raise Up to N1.2 Trillion from Domestic Bond Market in Q2 2025
The Federal Government of Nigeria is set to raise between N900 billion and N1.2 trillion through the domestic bond market...
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