CBN Raises Over N1 Trillion in Latest OMO Auction Amid Soaring Money Supply
The Central Bank of Nigeria (CBN) secured a total of N1.008 trillion at its Open Market Operations (OMO) auction held...
World Bank Predicts 3.6% Economic Growth for Nigeria in 2025, Surpassing IMF Estimate
The World Bank has forecasted a 3.6% economic growth rate for Nigeria in 2025, a more optimistic outlook than the...
UBA Reports N189.8 Billion Profit in First Quarter of 2025
United Bank for Africa (UBA) Plc has kicked off 2025 on a strong note, posting a profit after tax of...
Nigeria in Final Talks to Rejoin JP Morgan Bond Index Amid FX Market Reforms
Nigeria is nearing a key milestone in its return to global capital markets as it engages in advanced discussions to...
Currency in Circulation Falls to N5tn in March 2025 – CBN Report
The amount of naira circulating within Nigeria’s economy declined to N5 trillion as of March 2025, according to the latest...
IMF Predicts Nigeria’s Inflation to Surge to 37% by 2026
The International Monetary Fund (IMF) has forecast that Nigeria's inflation rate will rise sharply to 37% in 2026, despite a...
Nigerian Crude Trades $4 Above Brent Amid Global Oil Market Volatility
Nigerian crude oil blends ended Tuesday’s trading session on a strong note, selling at an average price of $68 per...
Dangote Refinery Cuts Petrol Price to N835 per Litre Across Nigeria
The Dangote Refinery has once again lowered the ex-depot price of Premium Motor Spirit (PMS), bringing it down to N835...
Federation Account Allocation Drops to N1.58 Trillion in March, Marking Third Consecutive Decline
The Federation Account Allocation Committee (FAAC) has announced a third straight monthly decline in revenue disbursements, with N1.578 trillion shared...
Nigeria’s External Debt Servicing Projected to Reach $5.2 Billion in 2025 – Fitch
Nigeria’s external debt service is expected to rise to $5.2 billion in 2025, marking a growing fiscal burden despite ongoing...
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