Bank Credit to Private Sector Declines to N75.83trn   Bank credit to Nigeria’s private sector fell to N75.83tn in August 2025, the lowest level recorded this year, according to the Central Bank of Nigeria’s latest money and credit statistics. The figure represents a 0.4 per cent decline...

NGX Investors Gain N1.8trn in September Amid CBN’s reforms Investors in the stock market earned N1.811 trillion in September 2025 amid the ongoing Central Bank of Nigeria, CBN’s monetary reforms, which have led to increased investors’ confidence in the market. Analysts have emphasised that the recent...

Bank Customers Lose ₦250bn Annually to Cybercrime The National Bureau of Statistics (NBS) has revealed that Nigeria recorded 25.35 million cases of stolen phones between May 2023 and April 2024, making it the country’s most prevalent crime with fewer than 12 per cent of the...

Tinubu Tasks CBN on Funding for National Theatre Endowment President Bola Tinubu has called on the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and other key stakeholders to establish an endowment fund dedicated to the maintenance and sustainability of the newly inaugurated National...

Nigeria Spends $2.86bn on Debt Service in Eight Months – CBN The Central Bank of Nigeria has revealed that Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, this accounted for 69.1 per cent of the country’s total...

CBN, Diaspora Dollars and Nigeria’s Economic Lifeline By Abdulrasheed Musa Kofa For years, Nigeria has leaned on its diaspora as a hidden anchor of survival. Beyond emotional ties and cultural nostalgia, Nigerians abroad have sent home billions of dollars, cushioning households and helping many weather difficult...