Banks Borrowing from CBN Drops by 43% in January 2025
Samuel Mobolaji Banks borrowing from the Central Bank of Nigeria (CBN) declined significantly by 43.76...
Central Bank of Nigeria (CBN)
Naira Pushes To N1,532/$1, 1.1% Gain
The value of the naira closed last week stronger than it began as it appreciated...
Naira Strengthens to N1,660 Per US Dollar
The Naira experienced a slight appreciation in the parallel market, trading at N1,660 per...
Appeal Court Dismisses Case Seeking Suspension of N579bn Stamp Duty Judgment
The Court of Appeal in Abuja onFriday dismissed an application seeking to suspend the execution...
Naira Declines To N1,551/$1 Amid Rising Demand
Samuel Mobolaji The value of the naira started the week on a depreciating note, sliding...
CBN Approves Felicia Obozuwa’s Appointment as FCMB Executive Director
The Central Bank of Nigeria (CBN) has approved the appointment of Felicia Obozuwa as the...
Nigeria’s Foreign Reserves Drop by $360m in One Week
Nigeria’s foreign reserves have declined by $359.91 million in just one week, falling from $40.91...
CBN Launches Diaspora-Friendly Accounts to Attract Foreign Investment
The Central Bank of Nigeria (CBN) has unveiled two new financial products aimed at attracting investments...
Govt Borrowing from Banks Surges by 90% in 12 months, Reaching N42trn
Samuel Mobolaji Government borrowing from Nigerian banks has surged by nearly 90 per cent in...
Experts Urge Caution on New Foreign Loans Amid Exchange Rate Challenges
Samuel Mobolaji Finance experts are advising Nigeria’s government to avoid taking additional foreign loans due...
