CBN Spends N315bn on Currency Amid Chaotic Cash Crisis
Samuel Mobolaji Nigeria’s Central Bank spent a staggering N315.18 billion on currency management in 2024,...
Finance & Economy
DMO Offers May FGN Savings Bonds at Higher 17.173% Yield
Samuel Mobolaji The Debt Management Office (DMO), on behalf of the federal government, has opened...
CBN Makes Gain in 2024 after N1.2trn Loss in 2023
The Central Bank of Nigeria returned to profit in 2024, posting a surplus of N38.8 billion after...
AfCFTA: Nigeria To Renegotiate Unfavourable Global Trade Agreements
Nigeria is set to reassess every trade agreement it previously signed at the global and...
FIRS Orders Banks to Shut Unauthorised Tax Accounts Immediately
The Federal Inland Revenue Service (FIRS) has directed banks to immediately identify and close any...
Naira Gains Stability as CBN Reforms Improve Fx Liquidity – World Bank
The World Bank on Thursday said that the policy reforms of the Central Bank of...
IMF Projects Nigeria’s Debt-to-GDP to drop to 45.4% by 2030, Urges Wiser Spending
Samuel Mobolaji Nigeria’s public debt-to-GDP ratio is projected to decline significantly over the next six...
Exchange Rate Fluctuations Impact Trade, Customs Still Generates N1.75trn
The Nigeria Customs Service (NCS) has announced a revenue generation of ₦1.75 trillion in the...
IMF Slashes Nigeria’s 2025 Economic Growth Forecast to 3.0%
The International Monetary Fund (IMF) has revised Nigeria’s economic growth projection for 2025 downward to...
Currency in Circulation Drops to N5trn in March 2025 — CBN
Nigeria’s currency in circulation declined to N5 trillion in March 2025, according to the latest...
