The Asset Management Corporation of Nigeria has revealed that it has repaid about N3.6tn to the Central Bank of Nigeria since it was created in 2010 to stabilise the financial …
The Central Bank of Nigeria has once again held the Monetary Policy Rate at 27 per cent, marking the fourth time this year that the rate has remained unchanged. The …
The naira recorded a stronger performance in the past week as it closed at N1,446.74 per dollar at the official market, showing a 0.69 per cent rise compared to the …
The naira recorded another week of negative trading performance as the currency weakened at both the official and parallel foreign exchange markets. At the official Nigerian Foreign Exchange Market, the …
The Association of Mobile Money and Bank Agents in Nigeria has marked its 10th anniversary alongside its ninth Annual National Conference in Gombe, with many stakeholders commending the critical role …
The Manufacturers Association of Nigeria (MAN) has commended the removal of Nigeria from the Financial Action Task Force (FATF) grey list, describing it as a major boost for the country’s …
Pan-African credit rating agency, Agusto & Co., has reaffirmed the ‘A3’ rating of Abbey Mortgage Bank with a stable outlook, citing the bank’s low leverage, consistent financial fundamentals, and improved …
The National Orientation Agency (NOA) has said that Nigeria’s debt burden has “significantly decreased” since President Bola Tinubu took office in 2023, dismissing public claims that the country’s debt has …
The International Monetary Fund (IMF) has praised Nigeria’s ongoing economic reforms led by the Central Bank of Nigeria (CBN) under the leadership of its Governor, Mr. Olayemi Cardoso. The global …
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …