Nigeria’s Money Supply Drops By 1.2% To N117trn In June 

Nigeria’s money supply (M2) declined to N117.5 trillion in June 2025, marking a 1.2 per cent month-on-month (MoM) drop from N118.9 trillion in May 2025. This is according to the latest data from the Central Bank of Nigeria (CBN). This represents the second consecutive monthly decline since April 2025, reflecting tightening liquidity
August 8, 2025

Naira Further Depreciates At Official Market

The Nigerian naira continued to decline against the United States dollar at the official foreign exchange market on Wednesday, 6 August 2025, marking the second depreciation this week. The Central Bank of Nigeria (CBN) data show that the naira dropped to  ₦1,534.44
August 7, 2025

NNPCL Slashes PMS Price By N55 In 48 Hours

The Nigerian National Petroleum Company Limited (NNPCL) has slashed the pump price of its Premium Motor Spirit (PMS), also known as petrol, 48 hours after increasing it across retail outlets. In Abuja, the Federal Capital Territory, NNPC retail outlets reduced the PMS
August 6, 2025
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