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Foreign Reserves Hit $46.7bn as Economic Recovery Accelerates – FG

The Federal Government says new economic indicators released by the Central Bank of Nigeria (CBN) confirm that the country’s economic recovery is strengthening and gathering real momentum.

When a Currency Loses Its Dignity: A Lesson From Kano, by Zekeri Idakwo Laruba

When a Currency Loses Its Dignity: A Lesson From Kano, by Zekeri Idakwo Laruba In my many visits to the ancient city, I discovered that Kano never stops surprising you. As one of Nigeria’s biggest and oldest commercial hubs, it operates like a nation within...

CBN: Showing Confidence, Priortising Stability with MPR Decision, by Rahma Olamide Oladosu

CBN: Showing Confidence, Priortising Stability with MPR Decision, by Rahma Olamide Oladosu   For the first time in many years, Nigeria’s monetary policy environment is showing a coherence that cannot be mistaken for chance. The decision of the Monetary Policy Committee to retain the Monetary Policy...

MAN Urges CBN to Slash Interest Rates to Ease Borrowing Costs

MAN Urges CBN to Slash Interest Rates to Ease Borrowing Costs The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria to further reduce interest rates to ease the rising cost of borrowing, which continues to stifle production and erode competitiveness in the...

Money supply Hits N119tn in October – CBN

Money supply Hits N119tn in October - CBN The Central Bank of Nigeria has revealed that Nigeria’s broad money supply rose to N119.04tn in October 2025 from N117.78tn in September, the increase amounted to N1.25tn, equivalent to 1.06 per cent, reversing the slowdown recorded a...

Naira Slides in Black Market, Appreciates at Official Window on Nov 26

Naira Slides in Black Market, Appreciates at Official Window on Nov 26 The naira weakened slightly against the U.S. dollar on Wednesday, November 26, in the parallel market, even as it appreciated at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential...