By BLAISE UDUNZE
What makes Nigeria’s fiscal situation particularly troubling is the contradiction between the government’s growing financial obligations and citizens’ expectation that public revenue...
Nigeria's gross foreign-exchange reserves jumped by about $3.7 billion in a single trading day to $58.8 billion, the highest level since 2008. The central...
The National Sugar Development Council (NSDC) says it has invested about N2.2 billion in Oyo Sugar and Derivatives Industries Ltd. (OSDL), Iseyin.
The NSDC said...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has announced a resetting of the baseline interest rate, the Monetary Policy...
By BLAISE UDUNZE
The Central Bank of Nigeria heads into its 307th Monetary Policy Committee meeting this week facing an economic contradiction that makes the...
Total Foreign Portfolio Investors (FPI) holdings in Open Market Operations (OMO) bills is currently estimated between $18.0 billion and $20.0 billion (excluding private placement...
The Central Bank of Nigeria (CBN) unveiled a sweeping overhaul of its liquidity management framework on Wednesday, removing longstanding penalties on banks that tap...