Economy

The Central Bank of Nigeria (CBN) has unveiled a draft document titled “Baseline Standards for Automated Anti-Money Laundering (AML) Solutions”...

In a transformative push for Nigeria’s solid minerals sector, the administration of President Bola Tinubu has driven significant growth through...

On May 20, 2025, the Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, concluded its 300th Monetary Policy...

On Thursday, May 23, 2025, the Nigerian naira weakened to N1,586/$1 in the official market, marking its first depreciation since...

In a move to bolster its domestic borrowing program, the Federal Government of Nigeria, through the Debt Management Office (DMO),...

Nigeria has seen a significant surge in the cost of Premium Motor Spirit (PMS), with the average retail price rising...

Nigeria has spent $2.01 billion on external debt servicing between January and April 2025, a 50% increase compared to the...

The Nigerian naira showed continued strength this week, appreciating to N1,625/$1 on the parallel market on Wednesday, slightly up from...

Amid ongoing economic instability and global trade tensions, the Central Bank of Nigeria (CBN) has decided to retain its benchmark...

The Central Bank of Nigeria (CBN) has chosen to maintain its benchmark interest rate, the Monetary Policy Rate (MPR), at...