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Central Bank dollar intervention supports the local currency while external reserves rise by $140.41 million, although forward market rates point ...
Read moreOvernight borrowing costs edge higher as Open Market Operations and Treasury bill settlements absorb funds from the banking system.
Read moreIndustrial production and new orders support stronger economic activity, while services and agriculture maintain expansion despite slower growth.
Read moreCentral Bank Governor Olayemi Cardoso deepens Nigeria's engagement with Asian financial institutions as new partnerships target innovation, investment flows and ...
Read moreTHISDAY Saturday Editor Obinna Chima says Nigeria’s rapidly changing financial landscape demands journalists who can interpret complex data, strengthen financial ...
Read moreBanks and fintech operators face a major technology transition as the Central Bank pushes payment data towards local infrastructure, raising ...
Read moreCentral Bank says the completed banking recapitalisation programme has strengthened lenders’ capacity to absorb shocks and finance economic growth, as ...
Read moreLiquidity in Nigeria's banking system has risen sharply, increasing the pool of funds available to financial institutions as monetary conditions ...
Read moreThe Lagos Chamber of Commerce and Industry says the 350-basis-point reduction provides an opportunity to ease financing pressure on businesses ...
Read moreNigeria's central bank cuts its benchmark rate by 350 basis points in its biggest recent easing move, raising expectations that ...
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