LAGOS – Nigeria’s fiscal challenges deepened in January 2025 as a steep drop in retained revenue pushed the Federal Govern­ment’s budget deficit to -N1.1 trillion, ac­cording to the Central Bank of ...

The Nigerian naira has rebounded slightly against the dollar after starting the month of May on a negative note following the ...

The Nigerian central bank had a 13.9 trillion naira ($9 billion) loss on the settlement of overdue derivatives contracts in ...