There is a notable structural shift in the Nigerian banking sector as the industry is characterized as highly capitalized but…
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The Central Bank of Nigeria (CBN) has announced plans to raise N700 billion through a Nigerian Treasury Bills (NTBs) auction…
The naira posted a modest week-on-week decline against the US dollar, closing at N1,374/$ on Thursday, underscoring sustained volatility in…
The House of Representatives has directed 11 electricity distribution companies (DISCOs) to refund ₦55.42 billion obtained under the National Mass…
Nigeria’s Central Bank has signalled a tougher regulatory stance on lenders following the completion of a sweeping recapitalisation exercise, as…
Governor of the Central Bank of Nigeria, Olayemi Cardoso, has urged company directors to prioritise consolidation, confidence, and stability as…
Nigeria’s foreign-exchange reserves are on track to climb toward $51 billion this year, underscoring a steady recovery in external buffers…
Nigeria’s economic activity slipped into contraction in April 2026, as the Purchasing Managers’ Index (PMI) fell to 49.4 — its…
Nigeria’s currency, the naira, has emerged as one of the best-performing currencies in Africa in 2026, even as foreign exchange…
The Central Bank of Nigeria (CBN) on Tuesday organised a financial literacy programme for secondary school students in Abuja as…