Matching Articles (18) for “Naira”
The music promoter made a notable public appearance at the Lagos concert months after surviving a road crash that claimed the life of his bouncer.
Business leaders say the strong performance of Nigerian banks reflects the sector’s growing market value, but also raises questions about access to long-term financing for manufacturing, agriculture and other productive industries.
The Central Bank of Nigeria sold about ₦17.5 trillion in Open Market Operations bills during September, as strong investor demand and large maturities shaped liquidity conditions in the financial system.
Families of prospective NYSC members abducted while travelling from Ibadan to orientation camps in the South-East and South-South say their captors have demanded up to ₦1 billion for the victims’ release.
Former Ekiti South senator Abiodun Olujimi says Nigerians should give the Federal Government more time, arguing that the economic reforms introduced since 2023 could eventually create conditions for greater prosperity.
The governor says Ekiti’s next phase will focus on agriculture, technology, education, skills, tourism and youth enterprise as the state marks three decades of existence.
Short-term corporate debt issuance remained active in the third quarter as Nigerian companies turned to commercial paper to finance working capital and other business needs
The currency is at its strongest in two years and back below N1,320 for the first time since April 2024, with external reserves at their highest level since before the 2008 crash.
Reserves at a 17-year high and a currency at its strongest in two years are real achievements. They are also not the same thing as a cheaper market run, and the gap is where the next election gets fought.
Central Bank survey data shows a lopsided industrial recovery: five subsectors expanded in August while eleven contracted.
The President and his party insist the 2023 decision stopped what they described as a fatal haemorrhage of public money, after the former Vice President floated a return to the subsidy regime.
The Central Bank's composite index rose to 52.7 in August from 51.1 in July, with agriculture extending an expansion run that now stands at 25 straight months.
