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Financial Stability

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Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.
Politics

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.
News

Banks’ Weekly Borrowing from CBN Soars to ₦5.38 Trillion Amid Liquidity Crunch

Nigerian banks' weekly borrowing from the CBN has surged to ₦5.38 trillion, reflecting increased liquidity demand and economic challenges.
Business

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.
Business

JP Morgan Forecasts Naira to Reach N850/$ by Year-End: What It Means for Nigeria

JP Morgan, a renowned global financial services company, has made a prediction that the...
Business

Risevest Opens Doors to U.S. Property Investments for Nigerians

Risevest, a revolutionary investment platform, is empowering Nigerians to secure U.S. properties, fostering financial...

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News

Finance Ministry, contractors clash again over outstanding debt

Nigeria's Finance Ministry says it processed N700bn to 1,240 local contractors, but protesting members of AICAN insist most of them have received no payment.
Politics

Xenophobia: Nigeria weighs sanctions against South Africa

Nigeria says it is weighing sanctions against South Africa over renewed xenophobic attacks on Nigerians, warning that a review of bilateral privileges is not off the table.
News

Agriculture records 3.15 percent GDP growth to N11.87trillion in first quarter

Nigeria's agricultural sector grew 3.15 percent year-on-year to N11.87trn in the first quarter of 2026, with crop production leading the gains at N8.9trn, the NBS says.
News

Nigeria among world’s most expensive countries for airline operations, says IATA

IATA has named Nigeria one of the world's most expensive countries for airline operations, blaming high taxes and charges that keep local carriers from competing.