Only 59 per cent of Nigerian banks, fintech companies and other financial institutions surveyed are prepared to meet the Central…
Browsing: ECONOMY
The naira remained relatively stable around N1,350 to the dollar on Wednesday, despite strong returns on US financial assets and…
Nigeria’s economic crisis is not simply a story of scarce resources. It is also a story of how a resource…
The naira strengthened by N8 against the US dollar at the Nigerian Foreign Exchange Market (NFEM) on Tuesday, recording its…
The Central Bank of Nigeria (CBN) is offering N800 billion in Treasury Bills as banks’ deposits with the apex bank…
Nigeria received $1.57 billion in remittances through International Money Transfer Operators (IMTOs) between April and June 2026, the highest quarterly…
Nigeria’s net foreign exchange (FX) flows rose to $22.50 billion in the second quarter of 2026, the highest quarterly level…
The Central Bank of Nigeria (CBN) has granted Approval-in-Principle (AIP) to JPMorgan to establish a merchant bank in Nigeria, to…
The Central Bank of Nigeria (CBN) has allotted N2.628 trillion in Open Market Operations (OMO) bills, exceeding its initial N2…
Credit to the Nigerian government rose by 63.09 per cent year-on-year to N39.40 trillion in September 2026, while lending to…