Currency swap agreements offer Nigeria a viable mechanism to mitigate foreign exchange pressures, ensure balance of payments, ...

The Naira extended its appreciation against the dollar at the foreign exchange market on Thursday. FMDQ data showed that the ...

Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has warned that Nigeria’s high interest ...

Good morning! Here is today’s summary from Nigerian Newspapers: 1. President Bola Ahmed Tinubu has lauded the officers and ...

Says FX reforms attracted $6bn capital inflows •Lists price stability, investors’ confidence as priorities •Oyedele defends FG’s 15% inflation rate projection •NESG lists measures for economic ...

Banks are paying more to borrow money after the Nigerian Treasury bills auction reduced the cash available in the financial system.

Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

The Lagos Chamber of Commerce and Industry has projected a reduction in interest rates in the coming months, as inflation shows signs of easing.Speaking at a press briefing for the chamber’s 2025 ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

Nigeria needs to double economic growth within the next year or two from an annualized rate of 3.5% in the third quarter to lift its population out of poverty, its finance minister told Reuters on ...

Olayemi Cardoso, has announced the creation of a new Compliance Department within the bank, which is scheduled to become operational by the end of February 2025.

African fintech company, Moniepoint has secured funding of over $10 million from Visa, bringing its Series C raise to an excess of $120 million. The digital payment company explained that the ...