Category: Economy

Naira gains marginally against dollar in FX market

The naira saw modest gains in Nigeria’s foreign exchange market. On Thursday, the Nigerian currency...

US poll: Dollar soars, bitcoin hits record high as traders bet on Trump

The dollar surged and bitcoin hit a record high Wednesday as traders bet on a...

Global stocks decline after weak Wall Street lead

European and Asian stocks were mostly down Thursday following a weak lead from Wall Street,...

FG nears $1.5bn World Bank loan approval

Nigeria is poised to secure approval from the World Bank for three significant loan projects...

Naira climbs to N1,541.52 against US dollar at I&E window

The exchange rate between the naira and the US dollar appreciated to N1,541.52 at the...

Economic expansion recorded first time in 13 months – CBN PMI

The Central Bank of Nigeria’s latest Purchasing Manager’s Index report reveals that economic activities expanded...

CBN, SEC, NDIC team up to streamline bank recapitalization

The Central Bank of Nigeria, the Securities and Exchange Commission, and the Nigeria Deposit Insurance...

FG launches $500m dollar-denominated bonds

The Federal Government of Nigeria has launched its Series I Domestic USD Bond with the...

CBN predicts slight decline in external reserve

The Central Bank of Nigeria has predicted that in 2024, the country’s foreign reserves may...

CBN approves $20,000 to each BDC at N1,450/$1 

The Central Bank of Nigeria has declared that it has approved the sales of foreign...

CBN persists higher interest rates if inflation persist – Cardoso

The Governor of the Central Bank of Nigeria Yemi Cardoso, has stated that sustained inflation...

Nigeria addressing consequences of N27tn Ways and Means — Cardoso  

The governor of the Central Bank of Nigeria, Yemi Cardoso has stated that the country...

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