Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

Share 5.5% GDP growth rate achievable, says NESG The Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department in the apex bank, which ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

The Naira extended its appreciation against the dollar at the foreign exchange market on Thursday. FMDQ data showed that the ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

The value of the naira has become more stable as the Central Bank of Nigeria (CBN) keeps intervening in the foreign exchange ...

Good morning! Here is today’s summary from Nigerian Newspapers: 1. President Bola Ahmed Tinubu has lauded the officers and ...

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record ...

Nigerian Economic Summit Group (NESG) has released a report, listing the expected outcomes of effective stabilisation reforms in 2025.

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

The Lagos Chamber of Commerce and Industry has projected a reduction in interest rates in the coming months, as inflation shows signs of easing.