Nigeria’s Private Sector Credit Soars 30% YoY to N75.85tn in September 2024
Nigeria’s private sector credit experienced impressive growth in the first nine months of 2024, reaching N75.85 trillion in September. This ...
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Tag: #NigeriaEconomy
Nigeria’s Macroeconomic Environment Now Investor-Friendly, Says Finance Minister Wale Edun
The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has declared that Nigeria's macroeconomic environment is now ...
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SEC DG Urges Capital Market Stakeholders to Maximize Potential for Economic Growth
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has urged stockbrokers and other capital market stakeholders ...
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Nigeria’s Manufacturing Sector Sees Surge in Investment Amid Challenges of Job Loss and Low Capacity Utilization
Despite facing significant hurdles due to the depreciation of the naira in 2023, Nigeria’s manufacturing sector has experienced notable growth ...
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Naira gains 5bps to NGN1,600.00/USD amid demand-supply imbalance challenges
Last week, the naira appreciated marginally by 5 basis points to NGN1,600.00/USD at the Nigerian Autonomous Foreign Exchange Market (NAFEM), ...
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Nigeria’s FX Reserves Increase by USD337.89 Million, Naira Appreciates by 3.0% w/w at NAFEM
Nigeria’s foreign exchange (FX) reserves recorded an accretion this week, with the gross reserves level increasing by USD337.89 million week-on-week ...
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SEC Embraces Blockchain Potential to Revolutionize Nigeria’s Capital Markets
The Director General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has emphasized the commission’s recognition of blockchain ...
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Strong recovery and resilience drive economic stability, Minister Wale Edun reports at the 17th Annual
Nigeria's debut foreign-currency domestic bond has been hailed as a resounding success, recording a subscription of $900 million—significantly surpassing the ...
Read moreNigeria’s Financial Sector Grows by Over 30% in First Half of 2024 – Minister of Finance
At the 17th Annual Banking and Finance Conference held in Abuja on Tuesday, Nigeria’s Minister of Finance and Coordinating Minister ...
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