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...
Stronger Banks Critical to Achieving $1 Trillion Economy — CBN
The Central Bank of Nigeria (CBN) has emphasized the urgent need for a stronger, more resilient banking sector to drive...
Dangote Cement, Seplat, and UBA Honored at Corporate Reporting Awards
Dangote Cement has clinched the prestigious platinum award at the second edition of the Corporate Reporting Awards, organized by the...
April Fool? CBN Denies Introduction of N5,000 and N10,000 Banknotes
The Central Bank of Nigeria (CBN) has swiftly refuted claims circulating that it introduced new N5,000 and N10,000 banknotes to...
World Bank Approves $1.08 Billion Loan to Support Nigeria
The World Bank has approved a significant $1.08 billion in concessional financing to support Nigeria’s education, nutrition, and economic resilience...
CBN Reports Surge in Nigeria’s Net External Reserves to $23.11 Billion by End of 2024
The Central Bank of Nigeria (CBN) has announced a significant rise in Nigeria’s Net Foreign Exchange Reserves (NFER), which reached...
Nigerian Equity Market Rebounds with ₦369 Billion Gain
The Nigerian equity market staged a recovery on Monday, gaining ₦369 billion as investor confidence returned. The All-Share Index (ASI)...
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