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Nigeria’s Money Supply Grows 62.8% Year-on-Year Amid Tightening Measures

Web AdminOctober 31, 2024October 31, 2024

vNigeria’s money supply (M3) surged by 62.8% year-on-year in September 2024, reaching N108.95 trillion, despite the Central Bank's (CBN) Monetary Policy Committee (MPC) tightening measures aimed at controlling inflation and...

Economy

Business Confidence in Nigeria Plummets Amid Naira Devaluation and Fuel Subsidy Removal, Reports Standard Bank

Web AdminOctober 30, 2024October 30, 2024

Business confidence in Nigeria has sharply declined due to the recent devaluation of the naira and the removal of fuel subsidies, according to the latest report from Standard Bank’s Africa...

Business News Economy

Naira Declines Amid Market Forces as CBN Adjusts Strategy

Web AdminOctober 28, 2024October 28, 2024

October 28, 2024 — The Nigerian naira continues to face downward pressure against the US dollar, trading at N1,654.09 per dollar in the official foreign currency market as of Wednesday....

Business News Economy

Northern Nigeria’s Rice Mills Face Shutdowns Amid Rising Costs and Lack of Support

Web AdminOctober 28, 2024October 28, 2024

Rice mills in Northern Nigeria are shutting down as escalating production costs and the cessation of intervention financing over the past 18 months strain operations. Between 2015 and 2020, a...

Economy

Category: Economy

Nigeria’s Money Supply Grows 62.8% Year-on-Year Amid Tightening Measures

Business Confidence in Nigeria Plummets Amid Naira Devaluation and Fuel Subsidy Removal, Reports Standard Bank

Naira Declines Amid Market Forces as CBN Adjusts Strategy

Northern Nigeria’s Rice Mills Face Shutdowns Amid Rising Costs and Lack of Support

Obasanjo Reflects on Nigeria’s Economic Transformation and Current Challenges

Global Internet Access Reaches 5.5 Billion, But Digital Divide Persists, Says ITU Report

House of Representatives Approves President Tinubu’s 2025-2027 Medium-Term Expenditure Framework

NGX Reports Strong October Performance Despite Currency Volatility

Naira Strengthens in Official Market, Lags in Black Market After CBN’s Interest Rate Hike

WHO Launches Initiative to Strengthen Global Pathogen Genomic Surveillance

CBN Announces New Guidelines for Interbank FX Trading via EFEMS

CBN Announces New Guidelines for Interbank FX Trading via EFEMS

Valour Launches First Dogecoin ETP in Sweden, Expanding Access to Cryptocurrency Investors

CBN Governor Affirms Naira Stability Amid Economic Challenges

FBN Holdings Launches N149.56 Billion Rights Issue to Strengthen Capital and Growth

85.6% of Nigeria’s Workforce is Self-Employed, NBS Report Shows

Informal Employment and Education Trends in Nigeria: Key Insights from Q2 2024 Labour Force Survey