Business & Economy

The Central Bank of Nigeria (CBN) withdrew a net N2.87 trillion from the financial system in the first eleven months of 2025, reflecting escalating government financing needs and the apex...

The Central Bank of Nigeria's (CBN) Monetary Policy Committee convenes this Monday and Tuesday for what promises to be one of the most closely watched policy meetings of the year,...

In a significant move to reshape Africa's development finance architecture, the African Development Bank (AfDB) has announced plans to create a Pan-African Financial Coordination Platform aimed at strengthening collaboration among...

The Central Bank of Nigeria (CBN) executed one of its most intensive debt repayment operations in recent memory, settling over N5 trillion in obligations during a turbulent eight-day period that...

Nigeria's currency landscape presented a mixed picture this week, with the naira demonstrating relative stability in official markets even as parallel market pressures persist, while the country's foreign exchange reserves...

The U.S. dollar surged to its strongest level against the Japanese yen in nearly a year on Thursday, breaching the psychologically significant 157 mark and reigniting speculation that Tokyo may...

Gold prices edged lower on Thursday as a firmer U.S. dollar and waning expectations of a Federal Reserve rate cut in December weighed on investor sentiment. The decline comes as...

The Central Bank of Nigeria (CBN) has issued a stern public warning disowning Zuldal Microfinance Bank Limited, describing the institution as an illegal operator with no regulatory approval to conduct...

Nigeria’s booming music scene has taken a historic leap forward, with new figures revealing that the industry is now worth an estimated ₦901 billion — a milestone that underscores the...

The Federal Government is poised to inject significant liquidity into the domestic debt market as the Debt Management Office (DMO) prepares to auction N460 billion worth of sovereign bonds on...