Banks’ credit to the Nigerian government increased by N15.66 trillion within one year as lenders continued to expand exposure to…
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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 Central Bank of Nigeria (CBN) retained the Monetary Policy Rate (MPR) at 26.5% at its 305th MPC meeting, keeping…
The Nigerian foreign exchange market is witnessing relative stability, supported by strong macroeconomic fundamentals and cautious monetary policy, with the…
Nigeria’s broad money supply (M3) increased to N124.99 trillion in April 2026, underscoring continued liquidity growth in the financial system…
The Federal High Court in Abuja has restrained eNaira Payment Solutions Ltd from claiming ownership of the “eNaira” trademark and…
The Nigerian naira gained ground against the British pound sterling, trading at N1,840/£1 in the official foreign exchange market, according…