Nigeria’s total public debt stock consisting of domestic and external debt stocks of the Federal Government of Nigeria, the 36 State Governments, and the Federal Capital Territory hit N46.25 trillion or 103.11 billion dollars in Q4 2022.
The World Bank Group’s Board of Executive Directors announced that Ajay Banga, a U.S. national, was the only nominee for the position of the next President of the bank.
Access Bank in partnership with AfriGOpay, has launched the first national domestic card designed to meet the needs of the Nigerian payment industry.
The Nigerian Exchange Ltd. (NGX) on Tuesday witnessed a further drop in market indices by 1.2 percent, amid sustained negative investment sentiments.
The Naira depreciated against the dollar on Monday, exchanging N461.50 at the investors’ and exporters’ window.
Nigerian consumers have called for greater innovation from money transfer providers to support their remittance needs, according to Western Union’s inaugural Global Money Transfer Index.
The Naira on Wednesday appreciated against the dollar at the Investors’ and Exporters’ window, exchanging at N461.50.
The Nigeria Labour Congress (NLC) has said it would picket all Central Bank of Nigeria (CBN) offices nationwide on March 29, following the continued cash crunch.
The decision by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) to raise the Monetary Policy Rate (MPR) may prove unhelpful, say financial experts.
The Central Bank of Nigeria (CBN), says the Nigerian economy has maintained a positive growth trajectory for nine consecutive quarters, since exiting the recession in 2020.
The domestic bourse posted a 0.03 percent rebound to close at N29.909 trillion, gaining N10 billion, following the upward review of the Monetary Policy Rate, (MPR) from N17.50 percent to 18 percent on Tuesday.
The Central Bank of Nigeria (CBN), has disbursed N12.65 billion to the Anchor Borrowers Programme (ABP), its flagship agriculture intervention scheme from January till date.
Investors at the stock market of the Nigerian Exchange Ltd. (NGX) on Monday lost N16 billion due to sell-offs in medium and largely capitalised stocks.
