Economy

Latest Economy News

Recovered Assets: Nigeria Reclaims Millions, P&ID Case Highlights Legal Challenges

The Nigerian government has successfully recovered over $110 million in stolen assets…

Genesis Obong

CBN Reassures Nigerians on Bank Stability

The Central Bank of Nigeria has reaffirmed its commitment to ensuring the…

Oluwadara Akingbohungbe

CBN Raises Interest Rate to 27.25 Percent

The Central Bank of Nigeria's Monetary Policy Committee has raised the benchmark…

Oluwadara Akingbohungbe

CBN Withdraws Controversial Policy Document

The Central Bank of Nigeria (CBN) has temporarily withdrawn its Monetary, Credit,…

Oluwadara Akingbohungbe

FAAC Disburses N1.2 Trillion Revenue for August 2024 to Federal, State, and Local Governments

The Federal Accounts Allocation Committee (FAAC) has announced the disbursement of N1.2…

Muhammad A. Aliyu

BREAKING: CBN Orders Payment Providers to Start Tracking PoS Transaction

The Central Bank of Nigeria has ordered all Payment Service Providers to…

Oluwadara Akingbohungbe

Naira Rises as CBN Supplies $245 Million

The naira closed the official foreign exchange (FX) market on a positive…

Oluwadara Akingbohungbe

Nigeria Launches Historic $500m Domestic Bond to Boost Economy

The Federal Government of Nigeria has made history by launching a $500…

Adamu Abubakar