Nigerian banks increased lending to the agriculture sector to ₦3.86 trillion in March 2026, even as credit to oil and…
Browsing: ECONOMY
Investors submitted bids worth N4.93 trillion at the Central Bank of Nigeria’s latest Open Market Operations auction, more than eight…
Nigeria’s local currency capped off the week on a positive note, appreciating by N5.75 to close at N1,358.25 per US…
The naira strengthened further against the US dollar at the Nigerian Foreign Exchange Market (NFEM), closing at N1,360.15/$ on Wednesday,…
The Central Bank of Nigeria (CBN) has raised the stop rate on its benchmark 364-day Treasury bill to 17.59%, despite…
The Central Bank of Nigeria (CBN) has relaxed restrictions governing access to its Discount Window, allowing financial institutions participating in…
Foreign exchange turnover on the Nigerian Foreign Exchange Market (NFEM) dropped sharply to $184.99 million on Tuesday, August 11, 2026,…
The Central Bank of Nigeria (CBN) injected a net N5.21 trillion into the banking system between August 4 and 11,…
The Central Bank of Nigeria (CBN) has announced the commencement of the second cohort of its Regulatory Sandbox Programme, with…
The cost of borrowing in Nigeria remains an important consideration for households and businesses even as banks report improved access…