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CBN report: 83.5% of households, 80.6% of businesses see inflation as high
The vast majority of Nigerian firms and families think that the inflation rate is high right now.
The Central Bank of Nigeria's (CBN) December 2024...
CBN Finalizing $2.4bn FX Backlog Verification, Payments Set To Start Soon
The verification procedure for the remaining $2.4 billion foreign exchange (FX) backlog is being completed, according to the Central Bank of Nigeria (CBN). Payments...
Cadbury Nigeria Reports N2bn Q4 Profit, Cuts Annual Loss By 47%
Cadbury Nigeria PLC's most recent financial statement, posted on the Nigerian Exchange (NGX) on January 27, 2025, showed a pre-tax profit of N2 billion...
FG’s 10-Year Bond Surges With A 22.6% Yield
A new 10-year tenured bond was issued by the Debt Management Office (DMO) with the highest yield and coupon rate ever recorded for FGN...
Nigeria Considers New Energy Subsidies In $15 Billion Investment Pitch – Bloomberg
Nigeria aims to attract investors into its struggling energy sector by increasing electricity tariffs while introducing targeted subsidies to shield vulnerable citizens from rising...
