Inflation Rate Drops to 33.4%, First Decline in 19 Months- NBS
For the first time since December 2022, the rate at which prices of goods and...
Finance & Economy
CBN Reintroduces Publication Of Key Economic Reports
The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports. CBN, in...
Naira Outside Banks Hits Record High of 93.6%, Reaching N4.04trn – CBN
Samuel Mobolaji A striking 93.6 per cent of Nigeria’s currency is now held outside the...
Experts Advocate Innovative Ways to Address Food Inflation
Samuel Mobolaji To address rampant food inflation crisis, agriculture experts have called on the government...
CBN Allocates $876m to 26 Banks in Latest Auction, Rejects 6 Bidders
The Central Bank of Nigeria (CBN) has successfully auctioned $876.26 million to 26 deposit money banks...
Bank Recapitalisation, Others Key to $1trn Economy- Agama
Samuel Mobolaji The director-general of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama has...
Bank Lending Dips as Interest Rate Soar to 60%
Samuel Mobolaji The impact of high interest rate has seen the banking industry credit to...
CBN’s Delayed Guidance Linked to Naira’s Sharp decline- Afrinvest Report
Samuel Mobolaji The 2024 Nigerian Banking Sector Report by Afrinvest Group has linked the Central...
Nigeria to Offer $500 Million of Dollar-Denominated Diaspora Securities – Edun
Nigeria’s government plans to sell $500 million of dollar-denominated securities in the domestic market to...
Naira Depreciate to N1,565/$ in Parallel Market
The Naira yesterday appreciated to ₦1,565 per dollar in the parallel market, up from ₦1,585...
