Nigeria’s banking system experienced a decline in liquidity in the fourth quarter of 2024 compared to the previous quarter, as a ...

The Central Bank of Nigeria (CBN) has finally disclosed Nigeria’s Net Foreign Exchange Reserves (NFER), following repeated ...

The Central Bank of Nigeria (CBN) has reported the highest Net Foreign Exchange Reserve (NFER) position as of the end of 2024 ...

The Central Bank of Nigeria (CBN) has reported a Net Foreign Exchange Reserve (NFER) of $23.11 billion as of the end of 2024, marking the highest level in over three years.

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The banking sector is currently facing challenges of limited profit growth, primarily due to factors such as narrowed net ...

Six banks in the country have posted N3.41 trillion as Profit After Tax (PAT) for the year 2024 ended against the N2.1 trillion recorded in ...

Six banks in the country posted N3.41 trillion as profit after tax for 2024, up from the N2.1 trillion recorded in the 2023 ...

Unegbu regretted that some customers were reluctant about challenging their banks in the event of some ‘illegal’ charges.

Nigeria's foreign reserves depreciated by $2.55 billion in the first quarter (Q1) of 2025. Analysis further showed that the decline is the highest in the first quarter of the last five years.

Nigeria's electricity production fell 1.64% year-on-year in Q4 2024, despite overall economic expansion and quarterly ...