Interbank rates surged last week as funding pressures tightened liquidity across the financial system. Despite inflows from signature bonuses, Remita payments, and government ...

  The Nigerian Exchange Limited (NGX) has launched an innovative Equity-Based Commodity Index aimed at tracking the performance of companies operating within key ...

  The Central Bank of Nigeria (CBN) has facilitated the refund of ₦7.05 billion and $714,569.03 to bank customers within eight months, resolving ...

The Central Bank of Nigeria (CBN) has disclosed a remarkable 51% year-on-year (YoY) increase in Nigeria’s Broad Money Supply (M2), which surged to ...

The Nigerian Exchange (NGX) witnessed a significant boost in equities market capitalization on Friday, with an increase of approximately N248 billion. This growth ...

The Central Bank of Nigeria (CBN) has injected an additional $37 million into the foreign exchange (FX) market, purchasing the equivalent amount in ...

Nigerian telecommunications companies have proposed a 100 percent increase in tariffs, pending government approval. The proposal, submitted to the Nigerian Communications Commission (NCC), ...

Nigeria is set to establish a National Credit Guarantee Company in May 2025 to bolster lending opportunities for businesses and individuals, President Bola ...

In a stark reflection of liquidity challenges within Nigeria’s interbank money market, borrowing by banks from the Central Bank of Nigeria (CBN) surged ...

The Federal Government has announced plans to establish the National Credit Guarantee Company (NCGC), a strategic initiative aimed at enhancing financial inclusion and ...