The Central Bank of Nigeria (CBN) has generated more than N2.07 trillion from the financial markets through sales of Treasury ...

Nigeria's fiscal deficit has significantly exceeded projections, reaching 7.6% of GDP as of August 2024, far above the ...

Nigeria’s inflation rate is projected to continue its upward trend, driven by rising logistics costs and exchange rate ...

The Transmission Company of Nigeria (TCN) confirms another act of vandalism, with three towers on its 330kV Lokoja-Gwagwalada ...

Money market rates surged last week due to a liquidity deficit in the banking sector. The market began on a strong note but ...

The Nigeria Labour Congress (NLC) has issued a December 1, 2024, deadline for all state governments to implement the newly ...

Bitcoin (BTC) neared the $80,000 mark today amid increasing buying interest across the cryptocurrency market. Ethereum (ETH), ...

CBN’s Move: The Central Bank of Nigeria (CBN) reduced its foreign exchange support to the naira by approximately 30% in October 2024, selling fewer U.S. dollars to authorized dealer banks. This marks ...

The U.S. dollar showed gains against most major trading partners on Friday, with the notable exception of the yen, as markets absorbed the Federal Open Market Committee’s (FOMC) recent decision to cut ...

Global oil prices experienced gains this week as market watchers brace for potential U.S. policy shifts following the recent ...

The Nigerian naira continues to face significant depreciation as the Central Bank of Nigeria (CBN) appears to prioritise the nation’s external reserves over maintaining the local currency’s value. In ...

A recently identified armed terror group, Lakurawa, launched a brutal attack on Mera town in the Augie Local Government Area ...