By the end of 2023, the total amount of domestic debt might have risen by 133.95 percent to N51.96 trillion. The Director-General of the Debt Management...
Six states are insolvent, according to the Economic Confidential’s 7th Annual States Viability Index (ASVI), since their Internally Generated Revenues (IGR) in 2022 fell short of...
In order to meet the production threshold of two million barrels per day by 2024, the Nigerian National Petroleum Company Ltd. (NNPCL) has demanded a revision...
The sell-off in Tier-one banking stocks caused the performance indexes to drop by 0.09 percent, ending the four-day rally in the Nigerian equities market. In contrast...
The headline inflation rate in Nigeria reached a 20-year high of 28.2 percent in November, as revealed by the National Bureau of Statistics (NBS). In a...
Despite the dollar holding near four-month lows, the value of the Nigerian naira fell to its lowest level in almost eight weeks on the black market...
The shoprite franchise operator in Nigeria, Retail Supermarkets Nigeria Limited (RSNL), has stated that it will close its Ado Bayero Mall store in Kano, Kano State,...
Banks have been instructed by the Central Bank of Nigeria (CBN) to improve the calibre of their offerings in order to get more customers into the...
Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), predicted that the country’s crude oil revenues will plummet in the 2024 fiscal year. During...
On Wednesday, the naira dropped from Tuesday’s N1,220 per dollar to N1,260 per dollar on the parallel market. The naira dropped to N904.65 per dollar on...