Naira Appreciates with ₦25.33 Gain Across Markets on Jan 30 The naira extended its rally for the fourth time in January, strengthening against the U.S. dollar on Friday, January 30, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja...

Naira Hits N1,396.99/$, Breaks N1,400 Barrier   Nigeria’s naira has traded below the N1,400/$1 level on the official market for the first time in over a year, marking a notable psychological and market milestone for the currency. Data from the Central Bank of Nigeria show that the...

Businesses Suffer as FG's Domestic Loans Hit N9trn The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained from the Central Bank of...

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 The naira continued its appreciation against the U.S. dollar on Thursday, January 29, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

An Abuja High Court has scheduled fresh ten-day trial to address the corruption charges against the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over Naira redesign.

‎The Federal Government, through the Central Bank of Nigeria (CBN), has upgraded the operating licences of leading financial technology (fintech) firms.