Tag: Nigeria Economy

The Central Bank of Nigeria (CBN) is increasingly relying on regulatory reforms and market rules to strengthen stability in the ...

Nigeria recorded a major increase in foreign capital inflows during the first quarter of 2026, with total capital importation rising ...

The African Development Bank (AfDB) has raised concerns over the limited flow of credit to Nigeria's private sector, warning that ...

Nigeria’s private sector recorded stronger growth in May 2026 as business activity expanded at a faster pace, according to the ...

Nigeria’s chronic electricity shortages remain largely unresolved despite more than $3.6 billion in funding from the World Bank over the ...

Wema Bank Plc has received a major boost to its reputation after global rating agency Fitch Ratings upgraded the bank’s ...

Nigeria's non-oil private sector recorded its strongest expansion in nine months during May, as improving customer demand and a surge ...

Nigeria’s banking sector consolidation drive gained momentum after the Supreme Court sanctioned the merger between Unity Bank Plc and Providus ...

Nigeria’s money market witnessed a major increase in liquidity last week, with available funds in the banking system rising to ...

Nigeria’s chronic electricity shortages are imposing a significant financial burden on businesses, with firms losing an estimated 3% of their ...