Money market rates have started easing as Nigerian banks increasingly place excess liquidity with the Central Bank of Nigeria (CBN)…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN), on behalf of the Debt Management Office (DMO), is offering N700 billion worth of…
Dr Bashir Achida, the Sokoto State Commissioner for Budget and Economic Planning, has charged Ministries, Departments and Agencies (MDAs) to…
The outlook for the Nigerian naira is improving as stronger domestic fundamentals coincide with a broad decline in the value…
Nigeria’s external reserves have climbed to $52.66 billion, marking a $7.09 billion increase since the start of 2026 and reinforcing…
Nigeria’s foreign exchange reserves have risen above $52.5 billion, reaching their highest level in 17 years and exceeding the Central…
The naira strengthened against the British pound on Tuesday, closing at N1,819.10 per pound as renewed stability in the foreign…
Nigeria’s consecutive declines in inflation have strengthened the case for a possible interest rate cut at the September Monetary Policy…
Nigerian businesses continued to face significant operating pressures in July, with high or multiple taxation, insecurity and elevated interest rates…
The naira strengthened further at the Nigerian Foreign Exchange Market (NFEM), closing at N1,350 per dollar on Monday, August 17,…