Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

The Naira extended its appreciation against the dollar at the foreign exchange market on Thursday. FMDQ data showed that the ...

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

The value of the naira has become more stable as the Central Bank of Nigeria (CBN) keeps intervening in the foreign exchange ...

Good morning! Here is today’s summary from Nigerian Newspapers: 1. President Bola Ahmed Tinubu has lauded the officers and ...

Central Bank of Nigeria, CBN yesterday projected that the economy will grow by 4.1 per cent growth in 2025, as well as record ...

Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January 21.Data from the Central Bank of Nigeria ...

Meanwhile, a promising tech start-up in Lagos seeks bridge funding to scale but has no credit history. These scenarios play out daily across the country where accessing finance remains one of the most ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.