Minister of the Economy, Wale Edun, has said Nigeria has no reason to approach the International Monetary Fund (IMF) for loans.

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an ...

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

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 ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

Nigeria's central bank expects the economy to expand by 4.17% this year, Governor Olayemi Cardoso said on Thursday, driven by ...

The Securities and Exchange Commission (SEC) has disclosed that banks raised N2.2 trillion from the capital market in 2024 to ...

In November 2024, the SEC announced that banks raised N1.7 trillion from the capital market in their efforts to meet the ...

Over 62 percent of the loans issued by NIRSAL Microfinance Bank and the Central Bank of Nigeria (CBN) under the COVID-19 targeted credit facility (TCF) remained unpaid as of September 30, 2023. The ...