Rising inflation, high interest rates, and naira depreciation could push an additional 13 million Nigerians below the national poverty line by 2025, according to a new report titled ‘2025 Nigerian ...

The National Pension Commission (PenCom) said the total amount released from the 2024 retirees’ rights settlement has risen to N66 billion.

Banks are beginning to reduce their interest rates on foreign exchange (FX) deposits as dollar supply improves.

The Lagos Chamber of Commerce and Industry has projected a reduction in interest rates in the coming months, as inflation shows signs of easing.

Nigeria’s foreign exchange reserves have recorded a significant decline within two weeks this January, dropping by $832.62m between January 6 and January 21.Data from the Central Bank of Nigeria ...

Hon. Marilyn Dumkelechukwu Okowa-Daramola is a dynamic legislator, youth advocate and girl’s empowerment trailblazer. She was elected ...

The Financial Reporting Council of Nigeria (FRC) on Wednesday pointed out that Nigeria was not yet a hyperinflationary economy.

The story of women rsquo;s contribution to Nigeria rsquo;s economy is as old as the nation itself. It is no secret that women ...

Visa invests over $10 million in African fintech Moniepoint to support SME growth across Africa, including introducing ...

Olayemi Cardoso, governor of the Central Bank of Nigeria, will have established a new Compliance Department within the apex bank.

Banks across the country have commenced the enforcement of the Central Bank of Nigeria’s (CBN) directive to limit Point-of-Sale (PoS) withdrawals to N100,000 per day and N500,000 per week for ...

IAS 29, titled Financial Reporting in Hyperinflationary Economies, provides accounting guidelines for countries experiencing hyperinflation.