The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
Nigeria’s public debt stock increased from N87.91 trillion (114.35 billion dollars) in the third quarter of 2023 to N97.34 trillion (108.23 billion dollars) in the fourth...
Economic and financial experts have warned the Central Bank of Nigeria (CBN) against neglecting economic growth strategies amidst the nation’s escalating infection rates.
Capital Market Community on Tuesday celebrated Mr Oscar Onyema, outgoing Group Chief Executive Officer (GCEO) of the Nigerian Exchange Ltd. Group (NGX Group), for his meritorious...
The Naira experienced a further appreciation at the official market, trading at N1,382.95 to a dollar on Tuesday.
Investors in the Nigerian Exchange stock market on Tuesday further lost N104 billion or 0.18 per cent, as the market capitalisation which opened at N58.879 trillion,...
The central parity rate of the Chinese currency renminbi or the yuan, strengthened eight pips to 7.0996 against the U.S. dollar on Monday, according to China...
Some residents of Coker-Aguda Local Council Development Area, Lagos, have lauded Gov. Babajide Sanwo-Olu of Lagos State for reducing the prices of food items at “Ounje...
Nigeria’s public debt stock as at Dec. 31, 2023 was N97. 341 trillion (108.229 billion dollars), according to data released by the Debt Management Office (DMO)...
President Bola Tinubu, says his administration will unleash a number of measures to revive the economy, based on the recent appreciation of the Naira.