By Philippine Duru philippineobetoduru@gmail.com 08034905774 Nigeria’s maximum lending rate declined to 33.16 percent in June 2026, offering a measure of relief to businesses and...
By Philippine philippineobetoduru@gmail.com 08034905774 Nigeria’s external reserves have climbed to $51.74 billion, representing a 38.6 per cent increase year-on-year, in a development that underscores the...
By Philippine philippineobetoduru@gmail.com 08034905774 Billionaire businessman and philanthropist Tony O. Elumelu will retire as Group Chairman of United Bank for Africa (UBA) Plc on August...
By Philippine Duru philippineobetoduru@gmail.com 08034905774 The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) in a fresh move...
By Philippine Duru philippineobetoduru@gmail.com 07034905774 The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks (MFBs) across the country for...
By Philippine Duru philippineobetoduru@gmail.com 08034905774 The Central Bank of Nigeria (CBN) has directed all banks, payment service banks and other regulated financial institutions to immediately freeze...
By Philippine Duru philippineobetoduru@gmail.com 08034905774 The naira maintained a relatively stable performance at the official foreign exchange market on Thursday, trading at around ₦1,375.41 per dollar...
By Philippine Duru philippineobetoduru@gmail.com 08034905774 Nigeria’s gross external reserves have climbed to $49.49 billion, signaling renewed strength in the country’s foreign exchange position amid ongoing economic...
By Philippine Duru philippineobetoduru@gmail.com 08034905774 The Central Bank of Nigeria (CBN) has retained the country’s benchmark interest rate, known as the Monetary Policy Rate (MPR), at...
By Philippine Duru philippineobetoduru@gmail.com 08034905874 Nigeria’s inflationary pressures intensified in April 2026, raising fresh concerns over the country’s economic stability and complicating expectations ahead of the...
