Economy

The Central Bank of Nigeria agreed to leave interest rates for its development finance actives or intervention funds at 5%...

The Nigerian economy is not a credit driven economy, unlike what obtains in many advanced economies.

MPC’s decision was intended to slow galloping inflation and save the persistent Naira depreciation.

The CBN has remained mute on cryptocurrency despite Nigeria's Securities and Exchange Commission issuing cryptocurrency regulations.

Since Emefiele took office as the CBN Governor in 2014 to date, Naira's official rate compared to the US Dollar...

The MPC has voted unanimously to raise the benchmark interest rate to 13% after over two years of expansionary monetary...

Nigeria’s non-oil sector grew by 6.08 % (year-on-year) in real terms in the first quarter of 2022, an increase of...

Manufacturing sector grew by 5.89% (year-on-year) in real terms in Q1 2022, an increase of 3.61% points from the preceding...

The contribution of Finance and Insurance to real GDP totalled 4.51%, higher than the contribution of 3.77% recorded in the...

The GDP of the Real Estate Services (nominal terms) has increased by 10.84% in the first quarter of 2022.