The Central Bank of Nigeria (CBN) expects the country's economy to grow by 4.17 per cent, up from 3.36 per cent in 2024.
IN SHORT: Several photos have been posted on social media with the claim that they show an attack on Nigeria's central bank. However, the images were generated using social media platform X's ...
Commercial banks in Nigeria appear to be losing the credit battle, as new data shows that over 95% of loans in 2024 were ...
Nigeria’s economic landscape is at a pivotal juncture. Faced with fluctuating oil prices, rising inflation, and currency devaluation, the country’s foreign ...
Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become ...
The value of the naira continued to depreciate as the 30 days moving average of the external reserves also depleted.
Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to ...
The Central Bank of Nigeria (CBN) has imposed sanctions on Deposit Money Banks (DMBs) for failing to dispense Naira notes through Automated Teller Machines (ATMs) during the yuletide season.
Under the leadership of Chairman Dr. Mohammed Nurudeen Olatunji, widely known as Dr. MO, MoreMonee has rapidly risen to ...
The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in 2025 and rise slightly to 3.7 per cent in ...