World Bank Approves $1.57 Billion Loan for Nigeria to Boost Human Capital and Climate Resilience
The World Bank has approved a $1.57 billion loan package for Nigeria, aiming to strengthen the country's human capital and...
CBN Approves Additional $20,000 for Each BDC at N1,590/$1, Limits Profit Margins
In a bid to stabilize the Nigerian foreign exchange market and meet the rising demand for foreign currencies, the Central...
Fidelity Bank Soars Over 38% in September, Briefly Exceeds ₦17
Fidelity Bank PLC has seen remarkable growth in its stock performance throughout September, with shares briefly surpassing ₦17 during trading...
Nigeria’s Unemployment Rate Rises to 5.3% in Q1 2024, Reports NBS
Nigeria’s unemployment rate increased slightly to 5.3% in the first quarter of 2024, up from 5.0% in the third quarter...
Nigerian Stock Market Rises by 0.18% as Banking Stocks Lead the Way
The Nigerian stock market continued its upward trend on Tuesday, with the All-Share Index (ASI) increasing by 0.18%, closing at...
Nigeria’s External Reserves Reach $39.07 Billion – CBN Governor Yemi Cardoso
Nigeria's external reserves have reached $39.07 billion as of September 19, 2024, according to the Governor of the Central Bank...
CBN Increases Interest Rate to 27.25% Amid Inflation Concerns
The Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 50 basis points to 27.25% following a...
Stock Market Sustains Bullish Trend as CBN’s MPR Meeting Holds Today
The Nigerian stock market continues to maintain its bullish trend as anticipation builds around the Central Bank of Nigeria's (CBN)...
Naira Depreciates Against US Dollar as CBN Prepares Monetary Policy Decision
The Nigerian naira has experienced a notable decline against the US dollar, reversing some of the gains recorded in recent...
FG Offers N150bn Bonds for September 2024 Auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the offering of three bonds totaling N150...
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