The Central Bank of Nigeria (CBN’s) decision to embark on recapitalisation of banks was to align monetary, fiscal policies ...

Nigeria’s trade surplus more than doubled in January 2025, reaching $2.2 billion, a 107.5 percent month-on-month increase ...

The IMF's 2025 report highlights that Nigeria's economic reforms since 2023, including subsidy removal and CBN changes, have ...

ABUJA, April 9 (Reuters) - Nigeria recorded a balance of payments surplus of $6.83 billion in 2024, driven by the impact of ...

The Central Bank of Nigeria, CBN, said Nigeria’s trade surplus reached $2.2 billion in January 2025, rising by 107.5 percent month-on-month ...

Nigeria’s central bank sold dollars to lenders to stem an erosion of the naira exchange rate, after a selloff induced by US ...

The World Bank and the Nigerian government are planning another $17 billion loan for poverty reduction through various social ...

The top US investment banker, JP Morgan, is seeking to convert its Lagos representative office into a full-fledged merchant ...

Nigeria's central bank has sold nearly $200 million to support the naira currency after President Donald Trump's tariffs sent ...

The World Bank has clarified that its planned $10.50 million financing to the Central Bank of Nigeria (CBN) is a grant, not a ...

What might seem like minor deductions, when accumulated, create a significant burden often unaccounted for by consumers.