Forex reserves drop by $342.97 million, first time in four months
Nigeria's external reserves have dipped by approximately $342.97 million over a period of nine days.
Nigeria eyes $500 million World Bank loan to reduce staffing gaps in education, health sectors
Nigeria is on the verge of securing a $500 million loan from the World Bank, a significant financial boost aimed...
Top 10 most expensive states to live in Nigeria in July 2024
The cost of living in Nigeria is high but stabilizing, with July 2024 Consumer Price Index (CPI) data showing a...
GTBank denies website cloning claims, confirms attempted domain breach
Guaranty Trust Bank (GTBank) has confirmed an attempted hacking incident on its website, addressing recent media reports that claimed hackers...
Nigeria to issue $500 million domestic dollar bond on Monday
The Federal Government of Nigeria plans to issue its dollar-denominated domestic bond next week Monday, as it hopes to raise $500 million...
Nigerian businesses are reducing workforce, CBN data reveals
The Central Bank of Nigeria's (CBN) latest Purchasing Managers' Index (PMI) report for July 2024 reveals that the Composite Employment...
FG seeks N190 billion from bond market in August, lowest offer in 2024
The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise N190 billion from the...
NASS proposes N25 million fine for anyone operating unlicensed insurance business in Nigeria
The National Assembly of Nigeria has proposed a penalty of N25 million for individuals found operating unlicensed insurance businesses in...
MPC member warns against proposed increase in Ways and Means limit
Murtala Sabo Sagagi, a member of the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), has expressed...
CBN incurs N1.55 trillion interest from T-Bills sales in first half of 2024
The Central Bank of Nigeria has incurred an estimated N1.55 trillion in interest payments for the 12 successful Treasury Bills...
