Nigeria’s banking sector recorded a further decline in asset quality in January 2026, with the non-performing loans (NPL) ratio rising…
Browsing: ECONOMY
The naira closed at N1,372/$1 at the end of May 2026, reflecting a marginal depreciation of 0.36 per cent compared…
African deposit and investment funds have endorsed the African Development Bank (AfDB) initiative to reform the continent’s financial architecture and…
The equities market sustained its positive momentum in May, with investors gaining N4.514 trillion as renewed interest in financial services…
Banks’ credit to the Nigerian government increased by N15.66 trillion within one year as lenders continued to expand exposure to…
The Central Bank of Nigeria (CBN) recorded a net liquidity withdrawal of N1.569 trillion in May 2026 after draining N7.303…
Nigeria spent $2.34 billion on food imports in 2025, according to the latest Quarterly Statistical Bulletin released by the Central…
The Central Bank of Nigeria (CBN) has extended the enforcement deadline for its mandatory Point of Sale (PoS) terminal geo-fencing…
The Nigerian naira is showing consolidation and relative stability against the euro after periods of severe volatility in previous years.…
The Federal Government recorded N11.89 trillion in fresh borrowings in the first nine months of 2025 but spent only N3.10…