W’Bank projects 3.5% GDP growth for Nigeria in 2025
The World Bank has forecasted that Nigeria’s economy will grow by 3.5 per cent in…
All Posts in "Money Market"
Inflation rises to 34.8% as festive period drives up demand
Nigeria’s inflation rate rose to 34.8 per cent in December from 34.6 per cent in November…
First Bank Speaks On Report Of Transaction With GHL
First Bank of Nigeria Limited has reacted to some media report regarding commercial transaction between…
FirstBank Clarifies Reports on Litigation with General Hydrocarbons Limited, Reaffirms Commitment to Exceptional Banking Services
First Bank of Nigeria Limited (FirstBank) has addressed recent media reports concerning its commercial transaction…
“OML Loan Dispute: FirstBank Explains Decision to Freeze General Hydrocarbons Ltd. Account”
In a move to clarify its position amid rising public interest, FirstBank of Nigeria Limited…
Yuletide: CBN fines nine banks N1.35bn for ATM cash scarcity
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling N1.35bn…
“CBN Rakes in ₦2.35 Billion from Sanctioned Banks, Including UBA, Sterling Bank, and First Bank”
In a decisive move to uphold public trust and economic stability, the Central Bank of…
Much Ado about Telecom Operators’ USSD Services with Banks Over N250bn Debt
The ongoing dispute between telecom operators and banks over the staggering N250 billion debt related…
CBN expected to hold MPR for most of 2025
Asset management firm Meristem Securities has projected that the Monetary Policy Committee of the Central…
“CBN Struggles to Control Inflation as Money Supply Hits Record N108 Trillion – Adebajo, CFG Advisory”
As Nigeria enters 2025, the country’s economic landscape remains mired in the aftermath of an…