By Karin Strohecker LONDON (Reuters) -Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers ...

The Central Bank of Nigeria (CBN) data shows that the currency in circulation has risen again, with cash outside the banking ...

The Nigerian naira has depreciated over 400% since 2023, now trading close to the N1600/$ mark. It is now ranked among the ...

The Senate has commended the Central Bank of Nigeria (CBN) for its macroeconomic policies which it noted have stimulated ...

On the first trading day of July, the naira strengthened against the dollar in parallel and official market, supported by ...

Nigerian President Bola Tinubu on Thursday signed four landmark bills into law aiming to overhaul the country's tax system, ...

NIGERIA’S banking sector recorded a strong 39.6 per cent year-on-year growth in 2024, with total assets rising to N170.02 ...

Nigeria's banking industry is undergoing a quiet transformation, as digital-only banks increasingly challenge the dominance ...

In the wake of sweeping economic reforms aimed at rescuing Nigeria’s battered finances, millions of citizens now find themselves paying more—often far ...

The Nigerian authorities have implemented major reforms over the past two years which have improved macroeconomic stability and enhanced resilience.

Wilmar is growing its palm oil plantations in Nigeria’s Cross River state as it focuses on supplying the local market with ...

Nigeria's banking sector posted significant growth in 2024, with total assets surging to N170.02 trillion, marking a 39.6% year-on-year increase ...