MTN Nigeria posted a N400.4 billion loss in 2024, driven by naira devaluation and forex losses, despite 35.9% revenue growth to N3.3 trillion.
The Central Bank of Nigeria (CBN) increased Open Market Operations (OMO) sales by 1,773% in 2024 to N11.8 trillion, aiming to curb inflation
Nigeria sees a decline in food prices, easing financial strain on households, but farmers warn the relief may be temporary due to rising production costs.
The Securities and Exchange Commission (SEC) Nigeria has slashed the approval time for Public Offers from over a year to just two weeks,
Fidelity Bank Plc is on track to meet the CBN’s 2025 recapitalization deadline, with its oversubscribed fundraising campaign strengthening investor confidence.
CBN inflation control strategy aims to bring inflation rate down to a single-digit level as CBN Governor reaffirmed the MPC meeting decision
Nigeria’s February 19 Treasury Bills auction attracts N2.41 trillion in subscriptions, indicating an unshaken investor confidence.
CBN has issued a directive requiring banks and financial institutions to publish dormant accounts and unclaimed balances on their websites.
CBN Governor Olayemi Cardoso emphasizes Nigeria’s commitment to digital financial inclusion, highlighting mobile money services
Nigeria’s Monetary Policy Committee will hold its first 2025 meeting on Feb 19–20, with analysts predicting no changes to the MPR
