Browsing: Economy
Tosin Eniolorunda, ALX Host Masterclass for Women Entrepreneurs Tosin Eniolorunda, Group CEO of Moniepoint Inc., has delivered on a commitment…
The International Monetary Fund (IMF) has endorsed Nigeria’s ongoing bank recapitalisation drive. It said that stronger capital buffers are cushioning the financial system against external shocks and strengthening resilience amid intensifying global uncertainties.
The International Monetary Fund (IMF) expects global economic growth to be slightly weaker than previously forecast, warning that rising geopolitical tensions and energy disruptions are weighing on activity.
The Nigerian local currency, the naira, gained against the US dollar at the official foreign exchange market amid a surge in FX liquidity.
CBN Approves N2.2trn OMO Bills Allotment to Investors The Central Bank of Nigeria (CBN) raised N2.2 trillion from OMO bill…
Fitch Ratings has affirmed Nigeria’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B’ with a stable outlook.
Fuel Costs Drive Selling Price Inflation to 15-Month High Nigeria’s private sector felt the sting of the US-Iran war as…
Nigeria’s 33 recapitalised deposit money banks (DMBs) sourced 72.5% of their combined capital injections locally over two years, the Apex Bank said in an official statement.
The Central Bank of Nigeria (CBN) has announced the successful conclusion of the banking sector recapitalisation programme initiated in March 2024.
Nigerian Exchange Opens Negative, Investors Lose N275bn The equity segment of the Nigerian Exchange (NGX) opened the week on a…