India and some other countries have reportedly rejected the ambassadors posted to them by President Bola Tinubu. They gave reason for the development.
Nigeria’s banking sector nears recapitalisation targets set by the CBN, with 30 banks compliant, enhancing stability and supporting long-term economic growth.
Explore career paths in home economics, from nutritionists to fashion designers, equipping graduates with vital skills in science, business, and resource management.
Central Bank of Nigeria withdraws $190 million to manage naira’s appreciation, as reserves exceed $50 billion amidst foreign investor concerns over volatility.
20 of Nigeria's 33 banks have met new capital requirements, raising N4.05 trillion ahead of the March 31 deadline, signalling strong domestic participation.
The Central Bank of Nigeria has cut its benchmark interest rate to 26.5%, signalling cautious easing as inflation eases to 15.10%, offering relief for businesses.
The federal government has formally launched a $50 million Impact Innovation Fund aimed at supporting Nigerian startups addressing key social challenges.
Private agricultural service providers in the Niger Delta can access ₦3 million to ₦10 million under the SPPG grant, promoting climate-smart practices.
The naira's rise prompts companies to rethink dollar stockpiling as reforms boost its value, narrowing market gaps and reshaping Nigeria’s financial landscape.
Nigeria’s total capital importation in 2025 reached $16.78 billion across three quarters, led by portfolio inflows, UK-US investors, and top banks.
A viral video claims Nigeria will replace the naira with the Eco currency in 2027, causing panic. Officials confirm Eco's development, but no abolition of the naira.
Economy
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