Economy

The Central Bank of Nigeria (CBN) has revealed that credit to the Federal Government surged by N11.33 trillion, marking a...

The World Bank has approved a $1.57 billion loan package for Nigeria, aiming to strengthen the country's human capital and...

In a bid to stabilize the Nigerian foreign exchange market and meet the rising demand for foreign currencies, the Central...

Nigeria’s unemployment rate increased slightly to 5.3% in the first quarter of 2024, up from 5.0% in the third quarter...

The Nigeria Inter-Bank Settlement Systems (NIBSS) has reported a new record in electronic payment transactions, with Nigerians spending a total...

Nigeria's external reserves have reached $39.07 billion as of September 19, 2024, according to the Governor of the Central Bank...

The Central Bank of Nigeria (CBN) has raised its benchmark interest rate by 50 basis points to 27.25% following a...

The Nigerian naira has experienced a notable decline against the US dollar, reversing some of the gains recorded in recent...

HabariPay, the fintech arm of Guaranty Trust, has started legal proceedings to recover ₦1.1 billion ($1.1 million) that was mistakenly...

Liquidity in Nigeria’s banking sector has surged significantly, reaching ₦1.2 trillion, marking a 62.4% increase on a week-to-week basis, according...