Multiple taxation remains the biggest constraint facing Nigerian businesses despite the Federal Government’s sweeping tax reforms, a new Central Bank…
Browsing: ECONOMY
Energy costs remain the biggest factor influencing inflation perceptions among Nigerian households and businesses, even as expectations of further moderation…
Demand for loans by businesses and households increased in the second quarter of 2026 as Nigerian banks expanded credit access…
The Nigerian naira maintained its stability against the British pound in the foreign exchange market, closing at N1,837 per pound…
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), has cancelled the N700 billion…
The withdrawal of the Central Bank of Nigeria’s (CBN) COVID-19 regulatory forbearance has pushed the banking industry’s non-performing loans (NPLs)…
The Central Bank of Nigeria (CBN) says the gap between the official foreign exchange market and Bureau de Change (BDC)…
Dangote Industries Limited and Sinoma International Engineering Company Ltd. have signed a landmark Memorandum of Understanding (MoU) worth over $800…
The Central Bank of Nigeria (CBN), acting on behalf of the Debt Management Office (DMO), has scheduled its first Nigerian…
Nigeria’s financial system is becoming increasingly liquid, supported by stronger foreign exchange inflows and an expanding money supply. Yet the…