In a significant development, the International Monetary Fund (IMF) has projected that South Africa may soon surpass Nigeria as the largest economy in Africa, according to...
Nigeria’s equities market continued its upward trend on Wednesday, albeit with a slight increase of 0.04 percent or N16 billion. The banking, insurance, and oil &...
The federal government’s debt service to revenue ratio has increased to 183 percent in the first quarter of 2023. This information was revealed in the budget...
By Sodiq Adelakun Starting from November 1, 2023, banks in Nigeria will face sanctions from the Central Bank of Nigeria (CBN) if they reject the ‘Magnetic...
By Sodiq Adelakun The Nigerian currency experienced a depreciation against the US dollar on Monday due to a decrease in liquidity in the foreign exchange market....
Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has expressed his opposition to the federal government’s plan to borrow $1.5 billion from the...
By Sodiq Adelakun In a recent revelation, prominent human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has shed light on the Central Bank of...
The Foreign Exchange (FX) Spot and Derivatives markets experienced a significant increase in turnover for the week ending October 13, 2023. The total turnover reached $683.97...
One of the leading innovative Nigerian lenders, Sterling Bank, has commenced issuing credit cards to its customers. The issuance of the Naira-denominated credit card was made...
By Sodiq Adelakun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that Nigeria’s debt situation is manageable and does not...