Three of Nigeria’s largest lenders—Zenith Bank, United Bank for Africa (UBA) and Fidelity Bank- could be compelled to reorganise into…
Browsing: ECONOMY
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said ongoing reforms in exchange rate management, monetary policy…
Nigeria’s gross external reserves have climbed to $51.86 billion, their highest level in more than 17 years, reflecting stronger foreign…
The Central Bank of Nigeria (CBN) allotted a total of N1.19 trillion in Treasury Bills at its latest primary market…
The East African Community (EAC) is targeting 2031 for the launch of a single regional currency under its revised East…
The Central Bank of Nigeria (CBN) is set to raise N600 billion through a Nigerian Treasury Bills (NTB) auction scheduled…
The naira weakened slightly against the British pound on Wednesday, closing at about N1,855/£ on the Nigerian Foreign Exchange Market…
The Central Bank of Nigeria (CBN) has injected an estimated N447 billion into the banking system after repaying nearly N2.99…
Business confidence among Nigerian businesses declined slightly in June 2026 as rising operational costs and persistent macroeconomic challenges continued to…
Nigeria’s financial system is projected to receive a liquidity injection of about N3.12 trillion this week, driven largely by the…