The Parthian Group has forecasted that more loans are likely to go bad this year due to the underperformance of the country’s economy and the accelerating...
Oil prices fell more than $1 a barrel on Wednesday, under pressure from global central bank efforts to limit inflation as fuel demand weakens. Brent crude...
The total non-performing loans in the banking sector in Nigeria hit N1.21tn in February 2022, the country’s Central Bank has revealed. The CBN stated in reports...
The Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 11.5% since the last quarter of 2020 despite the country’s accelerating inflation rate....
The Central Bank of Nigeria (CBN) has disclosed that the currency in circulation grew by 6.2 per cent from N2.97trillion in October to N3.15 trillion in...
The Vice President of Nigeria, Professor Yemi Osinbajo, has been the Nigerian Exchange (NGX) to ensure that the excessive risk premium of the capital market are...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio (MPR) at 11.5 per cent for the...
Nigeria is keeping control of its naira currency despite demands for deeper reforms from the International Monetary Fund and World Bank and complaints from businesses. Nigerian...