The IMF and World Bank have promoted policies over the years that have led to the radical declined of the Nigerian currency against western currencies while...
On food inflation, NBS said: “The Food inflation rate in September 2023 was 30.64% on a year-on-year basis, which was 7.30 percentage points higher compared to...
Role of the Financial Institutions The African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the Council of Europe Development Bank, the European...
Data from FMDQ showed that the indicative exchange rate for the I&E window fell to N759.2 per dollar from N776.8 per dollar on Wednesday, indicating N17.16...
Victor Chiazor, analyst and Head of Research and Investment at FSL Securities Limited, said: “The report by IMF reviewing Nigeria’s GDP growth rate down to 2.9%...
He added that it is usually not advisable to have a CBN governor with a background in banking as there tends to be a “romance” between...
However, due to the sharp decline in cash mop up by the CBN, the banking industry enjoyed a 46 per cent increase in average daily cash...
It should also be noted that oil prices have soared since June due to production cuts by the world's largest crude producers (OPEC+, which includes Russia...
The CBN Money and Credit Statistics data for August 2023 showed that banks’ credit to the government rose month-on-month (MoM) by 0.62 percent from N32.5 trillion...
Nigeria's investment in renewable energy, legal fisheries, marine conservation, and eco-friendly tourism echoes its devotion to nurturing a vibrant, environmentally conscious blue economy. A pivotal aspect...
Nigerians are not asking for too much this year. They want a Christmas season where: children can have clothes and...
A Vatican commission has ruled that the Church is not ready to move forward on women becoming deacons, despite ongoing...
If genocide must wait until the elite lose their heads, then Nigeria is being governed by mad men in suits...
Pope Leo XIV prayed for peace in Lebanon and the wider region during his visit to Saint Charbel’s monastery in...
The CBN’s updated cash-policy structure provides support for families, small enterprises, and the informal sector. It addresses some of the...
Unless these conditions are met, Nigeria is not experiencing a period of restored stability. Instead, it is going through a...
Recently, the United Nations World Food Programme (WFP) issued a stark warning that 35 million Nigerians are projected to face...
Recapitalization is often associated with difficult short-term adjustments, but in the long run, it safeguards the entire financial system from...
Arsenal boss Mikel Arteta says Mikel Merino has “earned” the right to be considered for a striking role after his...
Chelsea manager Enzo Maresca explains why squad rotation was unavoidable in the 3–1 loss to Leeds, citing fatigue, suspensions and...
Gusau’s effort to reposition the NFF is a reminder that real development is rarely glamorous. It is slow, disciplined and...
Traditional finance is built on institutional trust: banks, regulators, and insurers guarantee safety. Peer-to-peer systems replace this with distributed trust:...