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Nigeria’s Domestic Borrowing Rises to N24.7 Trillion

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ABUJA, Nigeria — Nigeria’s federal government raised N24.7 trillion from the domestic market in the first eight months of 2026, almost twice the amount...

Tinubu Approves New Pension Structure for Nigerian Armed Forces

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ABUJA, Nigeria — President Bola Tinubu has approved a revised pension structure for members of the Nigerian Armed Forces, covering personnel across the Army,...

Naira Opens New Week Near N1,337 to Dollar as Nigeria’s Foreign...

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LAGOS, Nigeria — Nigeria’s naira is entering the new trading week near N1,337 to the U.S. dollar after strengthening in the official foreign exchange...

CBN Keeps Interest Rate at 26.5%. What It Means for Nigerians

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For many Nigerians, the Central Bank of Nigeria's latest interest rate decision will be felt far beyond bank boardrooms. It could determine whether a...

BREAKING: CBN Retains MPR Interest Rate at 26.5%

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The Central Bank of Nigeria has retained its benchmark Monetary Policy Rate at 26.5 percent, maintaining its tight monetary policy stance as it...

Nigeria’s Banking Sector Enters New Era of Strength as CBN Accelerates...

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The Central Bank of Nigeria has reaffirmed that the country’s banking sector remains strong and resilient, even as it undergoes one of the most...

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