The Central Bank of Nigeria (CBN) has slashed interest rates on its intervention programs to 5 percent from 9 percent. The Central Bank governor, Godwin Emfiele...
Nigerian Minister of Finance, Mrs. Zainab Ahmed, has announced the intention of the Federal Government to postponed its $22.7 billion external borrowing plans due to current...
The consumer price index, (CPI) which measures inflation increased by 12.20% (year-on-year) in February 2020. This 0.07% higher than the rate of 12.13% recorded in January...
Shareholders of Zenith Bank Plc, on Monday, at the 29th Annual General Meeting of the Bank held at the Shehu Musa Yaradua Centre, Abuja unanimously approved...
The Central Bank of Nigeria (CBN) has debunked speculations making the rounds and suggesting that the naira is finally about to be devalued. According to a...
One the most popular investment banks, JPMorgan has predicted that the Central Bank of Nigeria (CBN) would devalue the naira by 10 percent latest by June...
Nigerian legal tender, the Naira has depreciated further earlier today to N415/$ at the parallel market. Naija News Understands that the drop in the national currency’s...
There is a huge tension at the forex market for the past two days as the massive crash in crude oil price hit the Nigeria economy...
Managing Director, Financial Derivatives Company Limited, Bismarck Rewane has predicted an estimated growth in the headline inflation rate for February Rewane said the inflation rate might...
Nigeria’s accountant-general of the federation, Ahmed Idris, has explained how the President Buhari led government spent over 2.1 billion dollars from the excess crude account (ECA)....
The Federal Government might have to revisit crude oil benchmark price of $53 per barrel used to prepare the 2020 budget. Naija News learnt that the...
The spread of the Coronavirus has affected the projected income of the Nigerian negatively as the Oil prices dropped from $45 per barrel to $31.52 Naija...
Nigeria’s Senate President, Mr. Ahmed Lawan has vowed to put a finishing touch towards the Companies and Allied Matters Act (CAMA) in order to ease the...
At the 22nd Annual Africa Business Conference of the Harvard Business School, Roosevelt Ogbonna, Deputy Group Managing Director of Access Bank, shared insightful and relatable tips...
The Central Bank of Nigeria has unveiled a new draft guideline for the regulation and supervision of the microfinance banks (MFBs). Kevin Amugo, CBN director, financial...
The Central Bank of Nigeria (CBN) has directed all banks to start collecting charges from Nigerians who make cash deposit of N500,000 and above by April...
Zenith Bank Plc, Nigeria’s leading financial institution, has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker Magazine Top 500...
The deadly COVID-19 outbreak has started taken a negative impact on the 2020 national budget of N10.95 trillion. The Minister of Finance, Budget and National Planning,...
The latest dwindling of South Africa’s economy has had a negative impact on the foreign income of the country as it loses it leading relevance in...
The World Bank has pledged a $12 billion aid package in order to fast-track funds to help countries combat the coronavirus outbreak. Naija News Understands that ...