The Central Bank of Nigeria (CBN) has once again brought to the forefront a persistent yet underappreciated challenge in the ...

The increase was due to payments to China’s Exim Bank, which rose to $182.04 million in Q3. Other creditors include the Exim ...

In a strategic move to strengthen the operations and regulatory oversight of the Central Bank of Nigeria (CBN), the apex bank’s management recently appointed new directors to fill diverse units within ...

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 ...

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

Nigeria expended a total of $5.47bn on external debt servicing between January 2024 and February 2025, data from the Central Bank of Nigeria have shown.

The value of the Nigerian currency improved in the Nigerian Foreign Exchange Market (NFEM) against the United States dollar, ...

Here are the seven top business stories you need to track this week — March 17 to March 21REPS OKAYS TAX REFORM BILLS, KEEP VAT AT 7.5% ...

NIGERIA recently rebased its consumer price index (CPI) from 2009 to 2024, leading to a significant drop in the reported inflation rate from 34.80 per cent to 24.48 per cent.

Despite the current selloff in cryptocurrencies such as Bitcoin (BTC), the European Central Bank (ECB) says it is proceeding ...

When a bank transfer is initiated through NIP, the request is sent instantly to the recipient’s bank, and funds become ...