Nigeria’s crude oil production fell to 1.31 million barrels per day (mbpd) in February 2026, further widening the country’s gap with the 1.5mbpd output quota approved...
By: Amarachi Okonkwo The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has said that Nigeria’s ongoing macroeconomic reforms have significantly strengthened the country’s ability...
The Central Bank of Nigeria (CBN) has introduced new technology-driven regulations requiring banks and other financial institutions to deploy automated anti-money laundering systems to strengthen the...
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has stated that ongoing foreign exchange reforms have significantly increased capital inflows into Nigeria and strengthened...
The Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, has stated that Nigeria’s business outlook for 2026 reflects rising consumer confidence and improving economic expectations....
The Central Bank of Nigeria (CBN) has directed commercial banks to restrict access to certain banking services for large borrowers with non-performing loans as part of...
Nigeria’s deposit money banks have placed nearly ₦7 trillion in excess liquidity with the Central Bank of Nigeria through its Standing Deposit Facility, indicating persistent surplus...
Nigeria has urged global oil producers to consider investing in the country as part of efforts to diversify energy supply during global disruptions. Nigeria’s Minister of...
The leadership of the Nigerian Senate is expected to meet with officials of the International Monetary Fund (IMF) to discuss Nigeria’s economic outlook and ongoing reform...
By: Amarachi Okonkwo Nigeria may be losing as much as 50 per cent of the food produced in Lagos before it reaches consumers, a situation stakeholders...