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Naira Gains Against Euro, Trades at N1,606/€1

The Nigerian naira strengthened against the euro during Thursday’s trading session, closing at N1,606/€1, up from Wednesday’s N1,644/€1, according to Central Bank of Nigeria (CBN) data.

CBN to Release Open Banking Roadmap Within Three Months

CBN to Release Open Banking Roadmap Within Three Months The Central Bank of Nigeria plans to issue an implementation roadmap for Open Banking within the next three months, as part of efforts to close technical gaps and strengthen the country’s financial ecosystem. This was disclosed in...

‎Naira Surges to ₦1,372.91/$ in Official Market as CBN Steps Back

‎The naira on Tuesday surged to a record high of ₦1,372.91 per dollar in the official foreign exchange (FX) market, marking a significant milestone in Nigeria’s currency trajectory.

‎Nigeria’s PMI Rises to 55.7 in January – CBN

‎Nigeria’s economy expanded for the fourteenth consecutive month in January 2026 as the Composite Purchasing Managers’ Index (PMI) stood at 55.7 points, according to the Central Bank of Nigeria (CBN).

CBN Unveils Landmark Fintech Report, Charts Path for Nigeria’s Digital Finance Future

The Central Bank of Nigeria (CBN) has released a landmark report on the country’s fintech sector, positioning Nigeria as a continental leader in digital finance while outlining the reforms needed to sustain innovation, inclusion, and integrity.

Crude Shortages Hit Nigerian Refineries Despite High Output

Despite Nigeria producing over 443 million barrels of crude between January and October 2025, local refiners continue to face shortages as most of the output is exported.