The Central Bank of Nigeria (CBN) has reported a significant economic milestone for 2024, with a Balance of Payments (BOP) surplus of $6.83 billion, a sharp contrast to the deficits of $3.34 billion in 2023 [Read More!]
Credit Direct, a leading Nigerian financial services company, has officially transformed from a traditional lender to a cutting-edge digital finance powerhouse. At a groundbreaking product demo event held on March 29 in Lagos, the company [Read More!]
Nigeria’s economic troubles didn’t just fall from the sky — they were made at home. That was the bold message from Dr. Yemi Kale, Group Chief Economist and MD at African Export-Import Bank, during his [Read More!]
In a major development for Nigeria’s oil and energy sector, the Federal Executive Council (FEC) has officially directed the full implementation of the Naira-for-Crude agreement with local refiners. This move comes as part of the [Read More!]
Offiong thought she had it all figured out — love, trust, and a future with her university sweetheart. They had been inseparable all through school, and even when she left for her NYSC posting in [Read More!]
The Federal Minister of Finance, Wale Edun, has provided a significant update on the Crude and Refined Product Sales in Naira Initiative. This development marks a crucial step towards transforming Nigeria’s economy and enhancing its [Read More!]
In a bid to boost the economy of Abia State, Governor Dr. Alex Otti has expressed his administration’s interest in forming partnerships with various manufacturers and investors. The governor’s vision is not just about attracting [Read More!]
In a recent development, Nigeria’s foreign debt service has increased to $1.08 billion in the fourth quarter of 2024, according to the Debt Management Office (DMO). This significant rise from the previous quarter has raised [Read More!]
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