The Central Bank of Nigeria’s ambition to transform its payment ecosystem through biometric-driven and “invisible” transactions may redefine how millions of citizens pay for goods and services, but th...
Nigeria’s current account surplus rose sharply by 255.7 per cent quarter-on-quarter to $4.98bn in the first quarter of 2026, driven by higher crude oil, gas and refined petroleum exports, as well as a...
Nigeria’s leading economists and financial experts have disagreed with some of the latest policy prescriptions by the International Monetary Fund, IMF, for Nigeria, even as they endorsed the Fund’s wa...
Nigeria lost an estimated $839.22 million in oil revenue in the first four months of 2026 after failing to meet its 1.5 million barrels per day (mbpd) crude oil production quota set by the Organisatio...
Nigeria’s headline inflation rate has gone up again, the third consecutive month, in May 2026, hitting 15.93 percent The National Bureau of Statistics, NBS, announced the increase in its latest consum...
FirstBank Nigeria yesterday announced that FirstAdvance, its flagship salary backed digital loan product, has hit a milestone of N1 billion daily disbursement. The bank, in a statement, said that the ...
The Central Bank of Nigeria, CBN, has directed banks, fintechs and other operators in the payments ecosystem to store all payment transaction data generated in Nigeria within the country, while also i...
Foreign investors channelled $3.23bn into Nigerian bonds in the first quarter of 2026, highlighting a strong appetite for the country’s fixed-income securities amid elevated interest rates and improvi...
Nigeria’s telecommunications and digital services company, Globacom, has launched a new data initiative aimed at heavy internet users, introducing enhanced bundles under its “More Data More Value” off...
Ecobank Nigeria has reiterated its commitment to driving the growth of Small and Medium Enterprises and promoting local industries as the fifth edition of the Ecobank Adire Lagos Experience concluded ...