Segun Adeyemi, THEWILL

• Nigeria's external reserves have exceeded $52 billion, reaching their highest level in more than 17 years and surpassing the Central Bank of Nigeria's 2026 target. • Analysts attribute the milestone to higher crude oil revenues, stronger export performance and...

The Central Bank of Nigeria has directed banks to channel the gains from recapitalisation into financing productive sectors of the economy. CBN Governor Olayemi Cardoso said the regulator's focus has shifted to stronger governance, risk management and economic...

The Central Bank of Nigeria says its decision to revoke the licences of 46 microfinance banks was aimed at protecting depositors and strengthening regulatory compliance across the financial sector. Governor Olayemi Cardoso also assured customers those banks yet...

The Central Bank of Nigeria retained its benchmark interest rate at 26.5%, signalling that the battle against inflation is not yet over despite signs of easing price pressures. Governor Olayemi Cardoso said the MPC remains focused on preserving...

July 19, (THEWILL) — The sharp rise in residential rents across Nigeria’s major cities has exposed a widening disconnect between workers’ earnings and the cost of shelter, with new data showing that even employees earning the higher N85,000 minimum...

Former Vice President Atiku Abubakar has criticised the Tinubu administration over reports of more than ₦210 billion in alleged duplicated allocations in the 2026 federal budget. He argued that the reported irregularities undermine the credibility of the government's economic reforms...