Tag: Nigeria economy

Middle East Crisis: FG Moves to Shield Nigeria’s Economy as Oil Prices Surge

Nigeria’s economic managers are racing to contain the ripple effects of the…

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Cash Outside Banks Drops to ₦5.20trn as Liquidity Pressure Eases

Nigeria’s cash flow dynamics showed signs of stabilisation in February 2026, as…

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CBN Debunks Fake N5,000 Banknote Claim, Warns Against Viral Currency Misinformation

The Central Bank of Nigeria (CBN) has dismissed viral claims circulating on…

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Naira depreciates by 0.4% at official market

The Nigerian currency recorded a marginal decline at the official foreign exchange…

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Abbey Mortgage Bank Posts N3.1bn Profit in 2025, EPS Rises to 21 Kobo

Abbey Mortgage Bank has reported a strong financial performance for the 2025…

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CBN Confirms 33 Banks Meet Recapitalisation Target, N4.66tn Raised

  The Central Bank of Nigeria (CBN) has announced that 33 Nigerian…

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Naira Depreciates to ₦1,415/$ in Parallel Market

The Nigerian currency, the naira, has depreciated to ₦1,415 per dollar in…

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FG Opens Applications for ₦1bn MSME Grants from April 7 to May 7

The Federal Government of Nigeria has announced the opening of applications for…

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Lagos Emerges Best State for Doing Business in Nigeria — Report

Lagos State has been ranked as the best state for doing business…

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Tinubu Highlights Economic Progress, Urges Unity at APC Convention

President Bola Ahmed Tinubu has reaffirmed that Nigeria’s economic reforms are beginning…

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