Nigeria’s economic outlook showed signs of relief in August 2025, as the country’s headline inflation rate eased to 20.12%, down from 21.88% in July, according to...
The Central Bank of Nigeria (CBN) has decided to maintain the Monetary Policy Rate (MPR) at 27.5 percent, keeping all key policy parameters unchanged in a...
Nine leading Nigerian banks raked in a staggering combined interest income of N14.26 trillion in 2024, reflecting a sharp increase in borrowing costs for businesses, especially...