Nigeria’s inflation rate has declined to 24.48% year-on-year in January 2025, according to the latest data released by the National...

In a significant move to strengthen corporate governance and curb excessive risk-taking, the Central Bank of Nigeria (CBN) has issued...

Nigeria’s consumer credit outstanding rose sharply by 26.29% to N4.42 trillion in November 2024, up from N3.5 trillion recorded in...

The recent strengthening of the Nigerian naira has been attributed to a surge in foreign exchange (forex) inflows into the...

The Central Bank of Nigeria (CBN) held its latest Open Market Operation (OMO) auction on February 13, 2025, drawing significant...

The Nigerian Senate has officially passed the 2025 Appropriation Bill, approving a record-breaking budget of N54.99 trillion on Thursday. This...

The Central Bank of Nigeria (CBN) has revised its ATM withdrawal policy, scrapping the previous provision that allowed customers to...

In a significant development, Nigerian banks’ borrowing from the Central Bank of Nigeria (CBN) surged by 395.2% week-on-week (WoW) to...

The Nigerian naira extended its decline midweek, weakening further against the US dollar in both the parallel and official foreign...

The Federal Government of Nigeria has officially taken full control of Keystone Bank, following a ruling by the Lagos State...