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Nigerian firms’ profits rise 73% as Naira stability drives five-year high

  Nigeria’s largest listed companies have reported their strongest profit growth in five years as a steadier foreign-exchange environment and clearer monetary conditions begin to reshape corporate performance. Naira stability…

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S&P upgrades Nigeria’s outlook to positive as reform measures advance

  S&P Global Ratings has revised Nigeria’s sovereign credit outlook to positive from stable, reflecting the country’s ongoing policy adjustments and signs of improving macroeconomic conditions. The agency affirmed the long- and short-term foreign and local currency ratings at ‘B-/B’,…

CBN outlines next steps as Nigeria leaves FATF grey list

The Central Bank of Nigeria (CBN) has pledged to build on ongoing financial system reforms following the country’s removal from the Financial Action Task Force (FATF) grey list. The apex…