- Friday, June 19, 2026
BusinessDay
When assessing the economic strength of a city, purchasing power serves as a crucial metric. It reflects how much goods...
The naira has appreciated against the British pound sterling, euro, and Canadian dollar since the introduction of the Electronic Foreign...
Naira’s rally in recent times hasn’t been solely due to direct interventions by the central bank. Bismarck Rewane, CEO of...
For the first time in about three years, Nigeria’s Monetary Policy Committee (MPC) decided to pause its aggressive interest rate...
The 2021–2025 National Development Plan (NDP), which aimed to lift 35 million people out of poverty and create 21 million...
President Bola Tinubu has pledged his administration’s support for businesses in the financial technology sector that provides payment infrastructure services...
Bismarck Rewane, the managing director and chief executive officer of Financial Derivatives Company (FDC) has warned policymakers not to throw...
The steady appreciation of the naira was as a result of about $8 billion the federal government spent to keep...
A few days ago, the National Bureau of Statistics (NBS) announced that Nigeria’s inflation rate had dropped to 24.48% in...
Nigerians want President Bola Tinubu’s government to end the lingering cost-of -living crisis that’s hammering their incomes, eliminate rising crime...
Olayemi Cardoso, governor, Central Bank of Nigeria (CBN) said on Thursday that the apex bank’s aim is to cut inflation...
The Central Bank of Nigeria (CBN) on Thursday retained its benchmark interest rate known as the Policy Rate (MPR) at...
The Nigerian economy is showing resilience in the face of many shocks that could have thrown the country under after...
Revenues disbursed to the federal, state, and local governments from the federation account have seen a sharp rise since the...
Nigeria’s gross foreign currency reserves have depleted by $2billion since this year, BusinessDay check on the reserves movement at the...
