How CBN Pulls Millions of Diaspora Nigerians from Financial Obstacles
The Central Bank of Nigeria has finally dismantled the longstanding obstacles that have kept...
Finance & Economy
MPC May Hold MPR at 27.5%, but Hike Looms
Samuel Mobolaji As the Central Bank of Nigeria’s Monetary Policy Committee (MPC) prepares for its...
Naira Outlook Brightens, Inflation Falls Amid External Reserves Rebound
…as CBN reforms, FX inflows, rising reserves lift investor confidence Samuel Mobolaji The outlook for...
Federal, States, Local Govts Share N1.681trn Revenue
The Federation Account Allocation Committee (FAAC) has distributed a total of N1.681 trillion among the...
Nigeria’s External Reserves Fall by $2.67bn on Debt Repayments, Dollar Sales
Samuel Mobolaji Nigeria’s external reserves have dropped by $2.67 billion in the first five months...
OMO Policy Falls Short as World Bank Flags N21.9trn Surge in Money Supply
Samuel Mobolaji The World Bank has raised concerns over the effectiveness of the Central Bank...
CBN Defies Odds, Posts N38.8 Billion Profit in 2024 After N1.15trn Loss
..profit after tax hits N38.84bn The Central Bank of Nigeria (CBN) recorded a net operating...
CBN Warns Public Against Fake Contracts, Loans Grant Scams
Samuel Mobolaji The Central Bank of Nigeria (CBN) has issued a renewed warning to the...
FG Targets Infrastructure Growth With N300bn Fresh Sukuk Issuance
The Federal Government has reaffirmed its commitment to bridging Nigeria’s infrastructure gap through the issuance...
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,...
