Arewa Economic Forum Raises Red Flags Over CBN's New BDC Policy: National Security Implications The Arewa Economic Forum (AEF), a leading northern Nigerian advocacy and think-tank, has raised serious concerns over the Central Bank of Nigeria’s (CBN) new Bureau De Change (BDC) recapitalisation policy, describing...

‎Tinubu Approves N787bn, $651m for Road Projects in 13 States ‎President Bola Ahmed Tinubu has approved the sum of ₦787.14 billion and $651.7 million for the execution of critical road infrastructure projects across 13 states of the federation. The approval was granted during the latest...

FG Decries US Three-month Visa Policy, Calls for Review The Federal Government of Nigeria has expressed deep concern over the United States’ recent decision to reduce visa validity for Nigerian citizens to just three months, with a single-entry restriction. Economic Confidential had earlier reported that the...

‎Dangote Hails Tinubu’s Vision Behind Eko Atlantic City ‎Africa’s richest man, Aliko Dangote, has commended President Bola Ahmed Tinubu for his visionary leadership in conceptualizing and initiating the Eko Atlantic City project, an ambitious urban development built to protect Lagos’ coastline and expand its commercial...

Naira Stability Boosts Nigeria’s FX Reserves Outlook to $41bn - Report  ‎Nigeria’s foreign exchange reserves are projected to rise to $41 billion by the end of 2025, supported by improved investor confidence, planned external borrowings, and a stronger naira. This projection, contained in a mid-year...

Naira Gains Ground, Appreciates by ₦10.33 Against Dollar Across Markets ‎The Naira recorded fresh gains against the US dollar on Thursday, July 10, strengthening in both the official and parallel markets. ‎In the black market, currency dealers in Abuja told Economic Confidential that the naira traded...