Economy

In a significant policy shift, the Central Bank of Nigeria (CBN) has announced the suspension of new loan applications for...

In an ongoing effort to curb illegal migration, Libya has repatriated 664 Egyptians and 300 Nigerians, transporting them to their...

The Financial Reporting Council of Nigeria (FRC) has taken a stern stance against the Nigerian Maritime Administration and Safety Agency...

The NGX Banking Index, a key benchmark capturing the performance of the banking sector, has witnessed a remarkable surge of...

In the latter half of 2023, the Nigerian business landscape has witnessed the departure of at least five major multinationals,...

Trading activities on the Nigerian Exchange Limited (NGX) exhibited a positive trend on Tuesday, with investors gaining a substantial N130...

The Central Bank of Nigeria (CBN) has categorically refuted media reports claiming that certain banks failed the Capital Adequacy Ratio...

The Central Bank of Nigeria (CBN) has mandated commercial banks, including Access Bank, Zenith, UBA, and others, to take charge...

Nigeria's crude oil production witnessed a decline to 1.4 million barrels per day in November 2023, according to data released...

Recent data from the Central Bank of Nigeria (CBN) has revealed a significant drop of $520.22 million in the country's...