Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

The naira rose in value against the US dollar for the second day in the official window on Thursday, January 23, 2024, ...

Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

Finance Minister Edun has ruled out IMF loans, citing Nigeria's positive trade balance, growing reserves, and cheaper ...

The Central Bank of Nigeria Governor, Olayemi Cardoso, on Thursday, said the country’s Gross Domestic Product is expected to ...

The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...

One of Nigeria’s largest banks, Zenith Bank, is set to increase staff salaries in January as galloping inflation continues to ...

Nigeria’s foreign exchange reserves declined significantly in two weeks this January 2025, falling by $832.62 million between January 6 and ...

Nigeria's foreign exchange reserves have fallen sharply by $832 million in two weeks, raising concerns about currency stability.

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflationary economy.

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to ...