The agricultural sector in Nigeria is systematically crumbling and affecting every other part of the Nigerian economy, banking and financial sectors, house-hold nutrition and local businesses....
Nigeria's pressing economic crises are inextricably intertwined with its deteriorating security architecture. Meaningful infrastructural development, economic diversification, and structural reforms cannot materialize in an environment devoid...
United Bank for Africa says Tony Elumelu will step down as chairman in 2026 in line with CBN rules, while Emmanuel Nnorom takes over leadership.
FG dismisses reports of off-budget spending, insisting all public funds are spent within constitutional and National Assembly-approved frameworks.
Economic hardship has also contributed to an increase in crime, cyber fraud, kidnapping, armed robbery, prostitution, and other social vices, as some individuals resort to illegal...
CBN has withdrawn the operating licenses of 46 MfBs effective July 1 due to non-compliance with BOFIA 2020 and other regulatory issues.
Economic recovery should therefore be judged by two complementary standards. The first is whether national indicators continue to improve. The second, and perhaps more important, is...
If combined with the current administration's fiscal reforms and a broader programme of economic transformation, debt relief could provide Nigeria with the foundation for sustainable growth,...
The naira depreciated to N1,405 per dollar in the parallel market and N1,361.5 per dollar in the official market, while FX turnover dropped by 56.8%, according...
The IMF cautioned the Nigerian government over a $5bn Total Return Swap deal with First Abu Dhabi Bank, citing potential financial risks and hidden costs.