Currency in Circulation Hits N2.7tn in H2 - Report The Central Bank of Nigeria’s report shows that currency in circulation in Nigeria jumped by N1.7tn as cash transactions increased. The report on CIC revealed that the currency in circulation hit N2.7tn as of the end of...

CBN Postpones MPC Meeting as Naira Flirts with N1000 to Dollar The Central Bank of Nigeria (CBN) has postponed its bi monthly Monetary Policy Committee (MPC) meeting earlier scheduled for Monday and Tuesday, September 25 and 26 next week. The CBN had in a statement on...

CHAMS PLC Leads Top Performers as All-Share Index Increases by 0.07% By Zekeri Idakwo The All-Share Index (ASI) increased by 0.07% on the floor of the Nigeria Stock Exchange on Thursday, with a year-to-date return of 31.5% and a market capitalisation of NGN 36.89 trillion. Economic Confidential...

5G Subscriptions Rise to 47%, Hit 500,000 in 2023 – NCC The Executive Chairman, Nigerian Communications Commission, Prof. Umar Danbatta, says Nigeria’s Fifth Generation network subscription hit half a million. He said broadband penetration also rose to 47.01 per cent as of July 2023. In a statement,...

Crude Hits $94, Marketers Eye Fresh Fuel Price Hike The rise in the cost of crude oil, coupled with the depreciation of the naira against the United States dollar, might lead to a hike in the pump price of Premium Motor Spirit, popularly called petrol,...

Meet CBN Deputy Governor Nominee, Muhammed Sani Abdullahi Muhammad Sani Abdullahi has over two decades of experience in development policy formulation, public finance and administration, and broad spectrum of project implementation in both private and public sectors. He is a development economist trained in prestigious...