Latest Economy News
CBN Reclaims N2 Trillion — Dumps Direct Lending for Good
By Muhammad Mamman The Central Bank of Nigeria (CBN) says it has…
Nigeria’s FX Market Hits $500m Daily Turnover as Cardoso Hails Liquidity Without CBN Support
By Muhammad Mamman Nigeria’s foreign-exchange market is now turning over about $500…
CBN’s bold move: trimming deposit reward to push banks to lend — not sit on cash
By Muhammad Mamman The Central Bank of Nigeria (CBN) has taken a…
Nigeria’s Trade Surplus Shrinks Sharply as Imports Surge
Nigeria’s trade position weakened in July as rising import bills and…
Nigeria to Slam Banks with ₦3m Fines Over Lax Customer Verification
By Muhammad Mamman Nigerian financial institutions will soon face ₦3 million penalties…
Nigeria’s Money Supply Jumps 75.9% in Two Years
Nigeria’s money supply has expanded sharply over a two-year period, reaching…
Households Stumble on Mortgage Repayments as Corporate Giants Bounce Back – CBN Survey
A new survey from the Central Bank of Nigeria (CBN) has…
CBN Hails “20 Years of Change” as Cardoso Announces Sharp Fall in Inflation and Rising Reserves
By Muhammad Mamman The Central Bank of Nigeria (CBN) has marked two…
Naira’s Resurgence: How Cardoso’s Reforms Are Luring Billions in Foreign Cash Back to Nigeria
A tidal wave of foreign currency is sweeping into Nigeria, signalling…
CBN Tightening Sparks Major Boom in Fixed-Income Market — AIHN
By Muhammad Mamman The Association of Issuing Houses of Nigeria (AIHN) has…
