China has officially become the world’s largest car exporter, surpassing long-time leaders Japan and Germany in a dramatic rise that…
Browsing: ECONOMY
The Central Bank of Nigeria (CBN) unveiled the Payments System Vision 2028 (PSV 2028) on Monday to strengthen the country’s…
Nigeria’s banking sector recorded a further decline in asset quality in January 2026, with the non-performing loans (NPL) ratio rising…
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…