Naira Plummets to N1,600: CBN Blames Global Economic Shifts, US Tariffs
The Nigerian naira has experienced a sharp decline, reaching approximately N1,600 to…
Nigeria Eurobonds Plummet Amid Trump’s Tariffs, Yet J.P. Morgan Sees OMO Bills as “Top Trade”
Nigeria Eurobonds have experienced a significant downturn, with yields surging to a…
Nigeria Seeks $10.5m World Bank Loan to Modernize CBN’s Tech and Payment Systems
Nigeria has approached the World Bank for a $10.5 million loan. This…
Central Bank of Nigeria Dismisses False Report of New Banknotes
The Central Bank of Nigeria (CBN) has firmly refuted a report circulating…
Foreign Reserves Surge to Three-Year High, CBN Reports
Nigeria's net foreign exchange reserves (NFER) have reached a significant milestone, climbing…
Personal Loan Surge: N470 Billion Borrowed in Q4 2024 Amid Inflation
The Central Bank of Nigeria's (CBN) latest economic report reveals a significant…
Dollar to Naira CBN Exchange Rate: $1 (USD) to ₦1 (NGN) Today
The Dollar to Naira exchange rate is a critical economic indicator that…
Nigeria’s Power Sector: Q4 2024 Sees Annual Decline Amidst Economic Growth
Despite a broad-based economic expansion witnessed across Nigeria in the fourth quarter…