The World Bank may approve a total of $1.13bn in loans for Nigeria before the end of March 2025 as part of ongoing efforts to support the country’s economic resilience, health security, and education ...

Despite an improved supply of foreign exchange, Nigeria’s fulfilment of Letter of Credit payments plummeted by 33.28 per cent in the 12 months of 2024 compared to the same period in the previous year.

This was according to a report by KPMG and blockchain analytics firm Chainalysis, which highlighted the growing role of ...

THE Central Bank of Nigeria’s order to bank directors with non-performing insider-related loans to step down as part of new ...

First hold after six hikes last year Central bank notes stability in FX market Encouraged by rebased CPI but wants more data ABUJA, Feb 20 (Reuters) - Nigeria's central bank left its benchmark ...

Nigeria’s central bank sold short-term debt at the lowest yield in more than a year, hardening expectations it is ready to pause aggressive interest-rate hikes when the monetary policy committee ...

The Court of Appeal Lagos Division has ruled in favour of Union Bank of Nigeria Plc, overturning a Federal High Court ...

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world ...

Nigeria spent $817.4m, approximately N1.26 trillion, to service its debt in the first two months of 2025. This represents a 3.12 percent decline when compared to $843.73 million spent in the ...

The apex bank reached the decision in its latest Monetary Policy Committee meeting, the 299th. The Central Bank of Nigeria has announced retaining Monetary Policy Rate at 27.50%. The apex bank ...

The Lagos State Special Offences Court in Ikeja had ordered the forfeiture of 6.3 billion units of ordinary shares of Keystone Bank Limited, valued at N1 per share, to the Federal Government of ...