Economy

The Central Bank of Nigeria (CBN) has announced plans for a significant restructuring in its operations, aiming to transfer approximately...

Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28%...

Commercial banks in Nigeria drastically reduced loans to the government by 73.18% in March 2024, marking a substantial drop from...

The latest issuance of the Federal Government of Nigeria Savings Bonds (FGNSB) has garnered significant attention from investors, resulting in...

Banking stocks in Nigeria are bracing for further declines in share prices as the prospect of upcoming rights issues looms...

The Nigerian naira has sustained its position at the upper end of its range against the British pound sterling, slightly...

The Federal Government has announced plans to crack down on unregistered Point-of-Sale (PoS) operators across the country as part of...

In a bid to alleviate financial strain exacerbated by severe foreign exchange volatility, the state governments of Ekiti, Cross River,...

The Debt Management Office (DMO) has revealed plans to issue bonds worth N450 billion in its upcoming auction scheduled for...

The Central Bank of Nigeria (CBN) has announced the suspension of charges on cash deposits until September 30, 2024, following...