The global credit rating agency Moody’s Ratings has warned that the Central Bank of Nigeria’s ability to maintain a stable naira without draining reserves may be impacted by declining oil prices and ...

BY NURUDDEEN USMAN Despite over a year of monetary tightening, inflation persists, the naira remains under pressure, ...

Moody’s Ratings has upgraded Nigeria’s long-term foreign currency and local currency issuer ratings to B3 from Caa1 and ...

The African Development Bank (AfDB) in its latest African Economic Outlook 2025 (AEO) projected that Nigeria was expected to ...

This marks the second positive rating action by Moody’s since the beginning of President Tinubu’s administration, following ...

Two years can feel both fleeting and painfully long in Nigeria. Seven hundred and thirty dawns have rolled across the ...

Bismarck Rewane has questioned Nigeria’s inflation data, citing discrepancies between high food prices in producing states ...

The World Bank predicts that Nigeria’s total output, or GDP, will grow by 4% this year - a faster rate than the 3% when ...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 27.50 ...

The forex trading app has become popular as a tool that enables individuals to engage with foreign exchange markets.

Policymakers at Nigeria’s central bank are set to keep the key interest rate on hold for a second straight meeting to get a ...