Nigerian banks’ lending, in the month of March, to the private and public sectors dropped by N23.99 trillion, data from the Central...
The Central Bank of Nigeria (CBN) has directed 0.5 percent Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN yesterday,...
Oil prices edged higher on Tuesday after Israel struck Rafah in Gaza, while negotiations for a ceasefire with Hamas continued without resolution,...
Back in January, we asked where the Naira/US dollar rate was headed. We mentioned three outcomes. The NAFEM rate and the parallel...
The trade relations between Nigeria and the United Kingdom currently stand at about seven billion pounds sterling. The British High Commissioner in...
The value of Nigeria’s currency in circulation has risen to N3.87tn at the end of March. According to the latest money and...
In April, Nigerians were ushered into Q2 with the decision from the FG to end electricity subsidy by hiking the electricity tariff...
Global Economy In line with market expectations, the Federal Open Market Committee (FOMC), at the recently concluded May policy meeting, voted to...
The Federal Republic of Nigeria has acceded to the Establishment Agreement for the Fund for Export Development in Africa (FEDA), the development...
The Purchasing Managers’ Index (PMI) report has shown that inflationary pressures softened in the Nigerian private sector during April, following record increases in purchase...