Nigeria’s inflation rate rises to 21.82% in January 2023
Nigeria’s inflation rate resumed its uptrend in January 2023, hitting a record high of 21.82%.
High inflation, cash scarcity to impact Valentine’s Day spending
Nigerians may find it difficult to spoil their loved ones with lavish gifts this Valentine's Day due to cash scarcity,...
SCOOP: CBN allegedly supplies mutilated N50 notes to banks, contributing to sustained cash scarcity
According to findings by Nairametrics, the CBN has been supplying commercial banks with damaged and faded N50 notes
Cashless Policy: Nigeria’s mobile banking transaction surges by 125% January
Nigerians registered mobile banking transactions worth N2.37 trillion in January 2023 representing a staggering 125% increase year on year.
Nigeria’s capital importation decreases to $4.89 billion between January and November 2022
Nigeria attracted a sum of $4.89 billion as capital importation between January and November 2022 representing a 12.3% decline
Stears’ poll shows Peter Obi is the most universally accepted presidential candidate
Peter Obi has been named the most universally accepted candidate amongst the list of aspirants for the 2023 national presidential...
Number of RSA pension transfers surged by 90% to 92,413 in 2022
A total of 92,413 RSA pension contributors changed their pension fund administrators in 2022, representing a 90.2% increase from 2021
Why Nigerians are obsessed with cash
Amid the cash scarcity crisis currently effecting the Nigerian economy, Nairametrics looks at some of the reasons why cash is...
Bank lending rate hits 29.13% in December 2022
The maximum lending rate for Nigerian banks rose to 29.13% in December 2022 from 28.14% recorded in the previous month
Money supply in Nigeria rose to N52.14 trillion in 2022 despite CBN’s hawkish policies
Nigeria’s money supply gained a massive N8.32 trillion in 2022 after jumping from N43.82 trillion in 2021
