Business confidence among Nigerian firms weakened in June 2026, as rising operational costs and macroeconomic pressures weighed on sentiment, according to the Central Bank of Nigeria’s Business Expectations Survey (BES).

The House of Representatives Public Accounts Committee has intensified its probe into unpaid government revenues, directing the Office of the Accountant-General of the Federation (OAGF) to provide detailed records.

Nigeria spent nearly $1 billion servicing foreign loans in the first two months of 2026, according to the Central Bank of Nigeria’s February Economic Report

Naira Rises to N1,400 per Dollar in Parallel Market   The Naira yesterday appreciated to N1,400 per dollar in the parallel market from N1,405 per dollar on Tuesday. But the naira was stable at N1,379 per dollar in the Nigerian Foreign Exchange Market (NFEM), as data from...

N100 Banknotes Still Very Valid, Says CBN   The Central Bank of Nigeria (CBN) has ordered members of the public, businesses, and commercial banks to immediately cease the rejection of the standard N100 banknote, declaring that the currency remains a valid medium of exchange across the...

The Central Bank of Nigeria (CBN) has reaffirmed that both the standard ₦100 banknote and the commemorative ₦100 banknote remain legal tender and must be accepted for all transactions nationwide.