UBA has launched a $100 million “Drive to Own” vehicle financing scheme with CIG Motors, Lagride and Lagos State, enabling drivers to own cars with 10%...
The CBN’s updated cash-policy structure provides support for families, small enterprises, and the informal sector. It addresses some of the severe effects of previous policies and...
Nigeria’s Central Bank announces a major policy shift, eliminating cash deposit limits and increasing the weekly withdrawal limit to ₦500,000 for individuals.
Unless these conditions are met, Nigeria is not experiencing a period of restored stability. Instead, it is going through a phase of recovery, one that will...
Recently, the United Nations World Food Programme (WFP) issued a stark warning that 35 million Nigerians are projected to face severe food insecurity by the 2026...
Commercial banks prioritized lending to the government by investing in T-bills, FGN Bonds, and OMO instruments, where returns are high and risk-free. Over the past two...
The Central Bank of Nigeria says its reforms are stabilising the economy, citing lower inflation, a steadier naira, and rising reserves. CBN Deputy Governor Emem Usoro...
The Central Bank of Nigeria says rising FX inflows, tighter market controls and a return to orthodox monetary policy are driving recent Naira stability. CBN’s Victor...
The Naira appreciated to ₦1,462/$ on the parallel market but slipped to ₦1,440.89/$ at the official exchange window, according to CBN data. The gap between both...
At the MBA Cohort 2 Graduation in Lagos, experts including NOVA Bank’s Esther Obiekwe urged inclusive financing, collaboration, and supportive policies to help Nigeria’s MSMEs drive...