The steep increase in foreign exchange revaluation gains recorded by Nigerian banks last year is unlikely to be seen in...
A combination of rising interest rates, surging inflation, and the devaluation of the naira led to a 260.9 percent surge...
Nigeria’s broadband penetration fell to 42.53 percent as of January, and subscriptions stood at 92.19 million, spotlighting the huge deficit...
With the upward review of capital requirements for commercial banks by the Central Bank of Nigeria (CBN), 13 lenders are...
The Central Bank of Nigeria (CBN) pushed ahead with its efforts to fight inflation on Tuesday by raising its monetary...
Nigeria is taking steps to tighten its grip on the cryptocurrency industry by adjusting its regulations for crypto operators. This...
The large increase in the monetary policy rate and the cash reserve ratio in February is seen as posing challenges...
With most of the members of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) taking a...
In its first monetary policy meeting this year, the Central Bank of Nigeria increased the benchmark interest rates to 22.75...
The specter of acute hunger looms, heckling down on a nation brimming with vast resources and potential opportunities. Nigeria is...
Rising pump prices of diesel in Nigeria have left many businesses in a state of conundrum, choosing between shutting down...
Investors are flocking to Nigerian government debt instruments, pushing yields to record highs across board following the Central Bank of...