MAN Urges CBN to Slash Interest Rates to Ease Borrowing Costs
The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to further reduce interest rates to ease the rising cost of borrowing, which continues to stifle production and erode competitiveness in the...
Money supply Hits N119tn in October - CBN
The Central Bank of Nigeria has revealed that Nigeria’s broad money supply rose to N119.04tn in October 2025 from N117.78tn in September, the increase amounted to N1.25tn, equivalent to 1.06 per cent, reversing the slowdown recorded a...
Naira Slides in Black Market, Appreciates at Official Window on Nov 26
The naira weakened slightly against the U.S. dollar on Wednesday, November 26, in the parallel market, even as it appreciated at the Nigerian Foreign Exchange Market (NAFEM).
Currency dealers in Abuja told Economic Confidential...
NGX Trading Rebounds as Investors Gain N94.47bn
Bullish trading resurfaced on the Nigerian Exchange Limited on Tuesday, breaking a bearish run that had entered its sixth day as of Monday.
At the close of trading, the All-Share Index and Market Capitalisation rose by 0.10 per cent...
The Nigeria external reserves have surged to $46.70 billion, the highest level in years, according to new figures released by the Central Bank of Nigeria during its 303rd Monetary Policy Committee (MPC) meeting.
