Formal Remittances Reach Record $947 Million in July, Nearing CBN’s $1 Billion Target
Nigeria received $947 million in remittance inflows through International Money Transfer Operators in July 2026, the highest monthly figure ever ...
Nigeria received $947 million in remittance inflows through International Money Transfer Operators in July 2026, the highest monthly figure ever ...
The Federal Government has confirmed plans to gradually eliminate electricity subsidies and fully implement cost-reflective tariffs across Nigeria’s power sector. ...
Nigeria recorded a significant decline in remittance outflows in 2025, with total international payments falling by 36.09% to N1.22 billion ...
Nigeria pulled in an impressive $14.78 billion in foreign capital between January and August 2025, more than double the $6.83 ...
Nigeria’s economy grew by 3.98% year-on-year in the third quarter of 2025, the National Bureau of Statistics (NBS) reported on ...
As Nigeria marks its 65th Independence Day on October 1, 2025, the nation's economic landscape is undergoing a profound transformation ...
Business leaders from key African countries are intensifying efforts to convince US policymakers to approve a short-term prolongation of the ...
Nigeria’s financial institutions, including banks and insurance companies, contributed N1.77 trillion to the nation’s economy in the first quarter of ...
The United States purchased $643.1 million worth of Nigerian goods in the first two months of 2025, just weeks ahead ...
The naira experienced a sharp depreciation on Monday, dropping 2.31% to 1690.37/$ at the National Autonomous Foreign Exchange Market (NAFEM), ...
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