Currency
Naira in circulation hits N5.24trn as bank credit contracts
Onome Amuge Nigeria's currency in circulation rose 7.3 percent from November 2024 to N5.235 trillion in January 2025. It was…
Good news for naira as Goldman Sachs projects sub-N1000/$1 rate
Business a.m. Goldman Sachs, the prominent international investment bank, recently announced that the Nigerian naira is, indeed, the top-performing currency…
ABCON welcomes CBN move against domiciliary account collateral for naira loans
Business a.m. The recent move by the Central Bank of Nigeria (CBN) to ban the use of non-export domiciliary accounts…
Stronger dollar prolongs recovery for emerging markets currencies
Nigeria’s Naira in pit for much longer PHILLIP ISAKPA IN LONDON, UK Unfolding economic dynamics in the United States that…
CBN working on true price discovery of undervalued naira,Cardoso assures
Business a.m Yemi Cardoso, the governor of the Central Bank of Nigeria (CBN) has acknowledged that the naira is currently…
Nigerian money supply drops to N71.33trn in November-CBN
Cynthia Ezekwe The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s total money supply declined to N71.33 trillion in…
JPMorgan strategists say retail investors have outperformed institutional investors in Bitcoin investment
Charles Abuede JP Morgan Chase’s research strategists have revealed that retail investors have purchased more Bitcoins than institutional traders.…
