The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate by 400 basis points to a record 22.75%. The CBN...
The Central Bank of Nigeria (CBN) has conducted a successful Treasury Bills auction, selling a substantial N1.58 trillion as part of its efforts to manage liquidity in...
The Nigerian Communications Commission (NCC) has taken critical steps to reduce exposure of the country’s $75 billion telecom industry to emerging risks. According to the commission,...
Following its initial announcement in January, businesses across Africa can now use Google’s Gemini AI-powered chat-like tool for Search Ads. This intuitive tool is now fully...
The benchmark index of Nigerian Exchange Limited (NGX) reversed it loss from last week as it rebounded by a substantial 3.79% week-on-week to another new historic...
The Federal Government is hoping to raise N2.5 trillion fresh domestic debt in February in its effort to meet N9.18 trillion 2024 fiscal budget deficit. On...
Nigeria’s inflation rate climbed to 29.90 per cent in January 2024 from 28.92 per cent recorded in the previous month. The 0.98 per cent increase confirms...
Veritas Kapital Assurance Plc has reported a staggering 287% increase in profit after tax for the full-year2023, soaring from N562.7 million in 2022 to an impressive...
The 364-day tenor treasury bill was oversubscribed as its stop rates spiked to 19% at the February 7th 2024 auction. The CBN offered N600 billion of...
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities of...