The World Bank and the International Monetary Fund (IMF) have called on the Central Bank of Nigeria (CBN) to remain steadfast ...
Nigeria’s external reserves dropped to $39.991 billion on 23 January, 2025 from $40.035 billion on 20 January, the same year.
Northeast businesses continue to drive optimism for the economy among the nation’s six geo-political zones. This is according ...
The liquidity surge was largely driven by repayments of N521 billion, offsetting paper sales totaling N756 billion ...
Zenith Bank Plc has raised a total of N350.4 billion through its recently concluded hybrid rights issue and public offer. In ...
The Central Bank of Nigeria has countered the World Bank's 3.7 per cent economic growth outlook for Nigeria, stating the ...
In all, 4.4 billion shares were allotted in accordance to the terms of the offer and the central bank’s capital verification ...
Press Release - The hybrid offer comprises of a rights issue of 5,232,748,964 ordinary shares of 50k each at N36.00 per share and public offer of 2,767,251,036 ordinary shares of 50k each at N36.50 ...
Commercial Banks have commenced the enforcement of daily and weekly withdrawal limits of N100,000 and N500,000 ordered by the ...
The naira strengthened by ₦16 last week, closing at ₦1,531.20 per dollar in the official foreign exchange (FX) market. This ...