Tight Monetary Policy Slashes Inflation by 10% - CBN   Nigeria’s sustained monetary tightening has played a central role in slowing inflation, with research estimates showing that the Central Bank of Nigeria’s policy stance accounted for as much as 10 percentage points of the decline in...

CBN Offers ₦1.15tn Bills as Liquidity Surges, Borrowing Pressures Mount The Central Bank of Nigeria was expected to conduct its second Treasury bills auction for January 2026 on Wednesday, offering instruments worth N1.15tn, as strong liquidity in the banking system collides with rising borrowing needs...

Naira Slides Against Dollar Across Markets on Jan 21 The naira declined marginally against the U.S. dollar on Wednesday, January 21, in both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,490/$1...

The Central Bank of Nigeria's (CBN) latest quarterly statistical bulletin reveals a 0.88% month-on-month increase and a 57.56% year-on-year growth compared to June 2024.

Naira Reverses Gain at Black Market, Steady at Official Window on Jan 19 The naira weakened against the U.S. dollar on Monday, January 19, in the parallel market, reversing the gains recorded on Friday, while remaining stable at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers...

Nigerians withdrew N36.34 trillion from Automated Teller Machines (ATMs) between January and June 2025, a 197.66% increase from the same period in 2024.