
CBN Reports N17.4tn Surge in Federal Government Borrowing Amid Tight Monetary Conditions
Credit to the Federal Government increased by N17.39 trillion over the 12 months to May 2026, according to the latest

Credit to the Federal Government increased by N17.39 trillion over the 12 months to May 2026, according to the latest

The naira recorded mixed movements across foreign exchange markets on Tuesday, weakening slightly against the U.S. dollar to ₦1,373.00/$1 in

Nigeria’s currency recorded modest gains against the United States dollar in both the official and parallel markets, according to the

The Nigerian naira extended its decline in the parallel market on Thursday, June 18, 2026, amid sustained demand for foreign

Nigeria’s public debt remains sustainable and the risk of debt distress is moderate, but the country faces mounting pressure from

Oyo state governor, Seyi Makinde, has approved the immediate commencement of the Contributory Pension Scheme in the state. This was

Nigeria’s government paid significantly higher interest rates to attract investors at Wednesday’s Treasury Bills auction, with the yield on the

AB MFB SPV Plc, the special purpose vehicle established by AB Microfinance Bank Nigeria Limited, has launched a Series 1

The naira strengthened against the US dollar at the Central Bank of Nigeria (CBN) foreign exchange market as the country’s

The International Monetary Fund has warned that the growing adoption of U.S. dollar-backed stablecoins in Nigeria could reduce demand for

United Capital Group has acquired a 5% equity stake in the Nigerian Exchange Group (NGX Plc), securing a significant ownership

India-born financier Viswanathan Shankar, a non-executive director at Dangote Cement and co-founder of Gateway Partners, has offloaded shares worth $21.23






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