Finance
Debt recovery: CBN reads riot act, says customers must be notified
The Central Bank of Nigeria (CBN) has said all customers must be served with notices of outstanding obligations before regulated...
Nigeria’s 1-year treasury bill oversubscribed by 300%
Nigeria’s one-year treasury bill (T-bill) has been oversubscribed by 300 per cent at the Primary Market Auction by the Central...
NIBSS: e-payment transactions hit N600 trillion in 2023
The latest data from by the Nigeria Inter-Bank Settlement System (NIBSS) has shown that electronic payment transactions in Nigeria rose...
Inflation will decline to 21% in 2024 — CBN chief
The Governor of the Central Bank of Nigeria (CBN), Mr Yemi Cardoso, says Nigeria’s inflationary pressure will drop from 28.92...
DMO offers 2 FGN savings bonds for subscription for February
The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per...
IMF raises forecast for global growth in 2024 to 3.1%
The International Monetary Fund (IMF) on Tuesday said that it has improved its forecast for global economic growth in the...
FG raises N418 billion in January 2024 bond auction
The Federal Government has disclosed that it raised about N418.197 billion from the four bonds that were auctioned in January...
AfDB launches $2 billion social bond
The African Development Bank (AfDB) has launched a $2 billion social global bond due 25 February 2027. In a statement,...
2024 budget: N800 to dollar benchmark is strategic – Bagudu
Alhaji Atiku Bagudu, Minister of Budget and Economic Planning, says the decision to base the 2024 budget on foreign exchange...
Dollar pulls back, bitcoin jumps ahead of ETF approval deadline
The dollar paused its rally on Tuesday, as traders reaffirmed their bets for a slew of Federal Reserve rate cuts...