Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant
President Bola Ahmed Tinubu has formally requested the approval of the National Assembly (NASS) for $21.5 billion External Borrowing Plan for 2025-2026 as well as a $2 billion Foreign Currency Denominated Bond...
Naira Strengthens Against Dollar in Official, Parallel Markets
The naira appreciated marginally against the US dollar on Tuesday, gaining ₦2.33 in both the official and parallel markets.
A source at the Abuja black market told Economic Confidential that as of May 27, the naira was trading...
The enforced sit-at-home protests by the Indigenous People of Biafra (IPOB) may have caused severe socio-economic and security disruption in Southeast with micro-businesses losing N4.6 trillion yearly, according to an SBM Intelligence report.
There are efforts to get more Nigerians to explore the global avocado market projected to reach $17.56 billion this year . The market was $16.24 billion last year. It is expected to reach $23.29 billion by 2029.
The value of foreign exchange inflows to the economy through the International Money Transfer Operators (IMTOs) rose sharply in 12 months to $4.76 billion, the Central Bank of Nigeria (CBN) quarterly statistical bulletin has shown.
