The price of paddy rice in Africa’s most populous nation has declined by a third over the past two months...
The new development that empowers states to generate, transmit and distribute electricity in areas covered by the national grid can...
The Federal Government’s plan to sell the electricity Distribution Companies (DisCos) under the management of banks and the Asset Management...
Out of seven listed Nigerian banks, Guaranty Trust Holding Company (GTCO) Plc, United Bank for Africa (UBA) Plc, and Zenith...
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...