The World Bank has projected that Nigeria’s inflation rate could drop to an average of 22.1% in 2025, crediting this potential decline to the Central Bank...
Nigeria’s money market is buzzing with fresh energy this May, reflecting the country’s evolving economic landscape. As the Central Bank of Nigeria (CBN) and financial institutions...
Bitcoin is on the verge of reaching the $100,000 milestone, fueled by growing investor confidence and macroeconomic shifts ahead of crucial U.S.-China trade negotiations. Currently trading...
Despite facing a N1.2 trillion digital trading scandal that reportedly affected over 600,000 Nigerians, the controversial Crypto Bridge Exchange (CBEX) has resumed operations and introduced new...
The World Bank has projected that Nigeria’s economy will grow by 3.6% in 2025, building on a forecasted 3.4% growth in 2024, as the country continues...
The Nigerian stock market recorded gains on April 22, 2025, with the All-Share Index (ASI) rising 0.48% to 104,739.61 points. Market capitalization increased to N65.8 trillion,...
Credit extended to Nigeria’s private sector reached N76.27 trillion in March 2025, showing a slight increase of 0.03% from the N76.25 trillion recorded in February. However,...
By Shalom Imafidon The banking sector in Nigeria is undergoing a period of rapid transformation, driven by a confluence of technological advancements, evolving customer expectations, and...
Elon Musk’s xAI, a rapidly growing artificial intelligence company, has announced the successful completion of its Series B funding round, raising a significant $6 billion. In...