The official exchange rate between the naira and the United States dollar ended in 2024 at N1,535/$, an analysis of data from ...
The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, ...
About nine banks in Nigeria recorded a whopping N4.85 trillion in interest in income in the outgone year, representing a ...
Nigeria’s Broad Money Supply (M2) soared by 51% year-on-year (YoY) to reach N108.96 trillion in November 2024, fueled by increasing ...
In Q2 2024, FDI into Nigeria dropped to a historic low of $29.83 million. This marks a 65.33 percent decline from Q2 2023 and ...
The Debt Management Office, DMO, says that the Federal Government has made robust budgetary provisions to offset Nigeria’s ...
In apparent reflection of liquidity constraints in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, rose by 261.3 percent year-on-year (YoY) to N106.3 trillion ...
The Nigerian currency, the naira, topped the list of worst-performing African currencies in 2024 as it depreciated by 40% to ...
The Debt Management Office, DMO, said, yesterday, that the Federal Government has made adequate budgetary provisions to meet ...
The official exchange rate between the naira and the US dollar ended 2024 at N1,535/$ inspite of reforms, according to data ...