Nigeria’s Stock Market Records N1.81 Trillion Gain in July.
Nigeria's stock market had a bullish run in the month of July, with listed equities recording a significant gain of...
Currency Outside Banks Surges to N2.26tn by June 2023, Reports CBN.
In a recent report released by the Central Bank of Nigeria (CBN), currency outside banks in the country reached a...
EIU Predicts Naira’s Decline to N1,018 per Dollar Amidst Soaring Inflation.
The Economist Intelligence Unit (EIU) has predicted that the pressure on Nigeria's currency, the naira, is likely to persist in...
FG Intensifies Efforts to Attract Dollar Supplies Amid Exchange Rate Volatility
The Nigerian government, under the leadership of President Tinubu, is leaving no stone unturned in its quest to secure dollar...
CBN To Intervenes in Forex Market, Expects Volatility to Moderate Soon- CBN Governor
The Central Bank of Nigeria (CBN) has announced its intervention in the foreign exchange market, aiming to address the current...
CBN Reaffirms Plan to Phase Out Old Naira Notes Gradually
During the recent Monetary Policy Committee (MPC) meeting held at the CBN headquarters in Abuja, the Central Bank of Nigeria...
CBN raises interest rate to 18.75% Amid Economic Fluctuation
In its first Monetary Policy Committee (MPC) meeting under the Tinubu administration, the Central Bank of Nigeria (CBN) has opted...
Euro Area Bank Lending Survey Shows Tightened Credit Standards and Decreased Loan Demand in Q2 2023.
The July 2023 Euro Area Bank Lending Survey (BLS) revealed that credit standards for loans or credit lines to enterprises...
Public Outcry as National Assembly Spends N53.7 Billion on Exotic Cars for Lawmakers
The escalating public spending on exotic cars for federal lawmakers has sparked concern and criticism after revelations that the National...
China’s State Banks Engage in Offshore Dollar Sales to Curb Yuan Declines.
In the early hours of Thursday, major state-owned banks in China were observed engaging in dollar selling to purchase yuan...
Popular Story
Interbank lending falls as govt redeems N444 billion Treasury-Bills
Whale Buys 40,000 BTC as Prices Crashed to 40k
Binance Expands M&A Efforts, Focusing on Geographical Gaps and Customer Base.
Dangote Refinery Approves Seven Major Marketers for Product Distribution
Naira Strengthens to N1,670 as CBN’s New Forex Platform Boosts Supply
