Anxiety as Fitch predicts further depreciation of Naira in 2022

Fitch, an International rating agency, says though the Central Bank of Nigeria continues to intervene to…

NDIC preaches revitalisation of Nigeria’s economy, targets MSMES

The Nigeria Deposit Insurance Corporation has emphasised on the need to promote the Micro, Small and…

Nigeria’s manufacturing index rises to 47.3 basis points —CBN

Nigeria’s Manufacturing Purchasing Managers Index has increased to 47.3 index points, as against 46.6 index points…

Economic diversification: Nigeria’s non-oil revenue rises above 15.7% target

Nigeria’s non-oil revenue grew to N1.15 trillion, representing 15.7 per cent above target rate in response…

Anchor Borrowers: CBN disburses N864bn to 4.1m farmers

The Central Bank of Nigeria says it has so far disbursed N864 billion to 4.1 million…

Banking fraud: EFCC blames insider information, employees, others

The Economic and Financial Crimes Commission on Wednesday said most frauds in the banking sector were…

Implementation of PIA will boost Nigeria’s Oil, Gas Industry —NNPC

The Group General Manager, National Petroleum Investment Management Services, an arm of the NNPC, Mr. Bala…

World Bank raises Nigeria’s economy forecast to 2.8% in 2022

The World Bank on Tuesday raised its 2021 and 2022 economic growth forecasts for Nigeria to…

MTN gets regulatory approval to sell 575m shares in Nigeria operations

MTN GROUP announced on Tuesday that it had received approval from the Securities and Exchange Commission…

CBN retains benchmark rate, other parameters at 11.5%

The Central Bank of Nigeria has retained the monetary policy rate at 11.5 per cent, with…