Economy

Nigeria’s fiscal deficit is projected to climb to 4.7% of Gross Domestic Product (GDP) in 2025, according to the International...

The International Monetary Fund (IMF) has expressed strong support for the Central Bank of Nigeria’s (CBN) stringent monetary policies aimed...

Union Bank and First City Monument Bank (FCMB) have announced that, starting July 1 and July 2, 2025, respectively, USSD...

On June 24, 2025, the World Bank approved an additional $65 million credit for Nigeria’s Sustainable Procurement, Environmental, and Social...

The 17th US-Africa Business Summit, held from June 22 to 25, 2025, resulted in over $2.5 billion in new trade...

Nigeria’s money supply contracted for the second time in 2025, dipping to N119.01 trillion in May from N119.30 trillion in...

Nigeria’s bond market continued its upward trajectory last week, with strong investor demand for sovereign debt driving average yields down...

Nigeria’s total public debt climbed to N149.39 trillion by March 31, 2025, reflecting a 22.8% year-on-year increase from N121.67 trillion...

Nigeria’s foreign direct investment (FDI) decreased by 19.35% in the first quarter of 2025, dropping to $250 million from $310...

The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, announced plans to diversify the nation’s foreign exchange reserves during his...