News

The Central Bank of Nigeria (CBN) reported a sharp rise in currency management costs in 2024, with expenses increasing by ...
One of the takeaways from the 2025 Spring Meetings of the World Bank and the International Monetary Fund (IMF) was the gap between Nigeria's economic self-assessment and that of the Bretton Woods ...
Young tennis prodigies stole the spotlight at the 2025 Central Bank of Nigeria Junior Tennis Championship by lighting up the ...
The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...
The Central Bank of Nigeria has not announced new cash denominations of 5,000 ($3.12) and 10,000 ($6.25) naira, contrary to ...
Nigeria has significantly increased its resilience to external shocks, Central Bank of Nigeria (CBN) Governor Olayemi Cardoso ...
Analysts have attributed Nigeria’s recent slip to the fourth largest economy in Africa to the whopping devaluation of the ...
Nigeria’s budgets since 2007 show a dangerous pattern: spending rises, but revenues do not keep pace. While Tinubu’s 2025 ...
Abuja, Nigeria - Two years into President Bola Ahmed Tinubu’s administration, Nigeria is undergoing a bold recalibration. A ...
“A ‘B’ rating from Fitch is a step up, which is generally a positive sign. It means Fitch believes Nigeria’s creditworthiness ...
Mobile money in Nigeria has recorded considerable success and experts say this success will be a major driving force for the ...
Nigerian lender United Bank for Africa Plc plans to raise 144.8 billion naira ($90.2 million) in additional capital this year ...