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Naira Slides Across Markets on Nov 11

Naira Slides Across Markets on Nov 11 The naira marginally declined against the U.S. dollar on Tuesday, November 11, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at ₦1,460/$1 for buying...

When the Harvest Smiles but Nigerian Farmers Do Not, by Lawal Dahiru Mamman

We must choose our pill carefully. Agriculture was once abandoned for oil, and we paid dearly for importing refined products while neglecting local refineries.

Nigeria Records $5.15bn Foreign Currency Inflow in October

Nigeria has recorded high foreign inflows of $5.15 billion in October 2025, according to data from the FMDQ platform.

Naira Holds Firm Against Dollar Amid Improved Liquidity on Nov 10

Naira Holds Firm Against Dollar Amid Improved Liquidity on Nov 10 The naira maintained stability against the U.S. dollar on Monday, November 10, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded...

CBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 Conference

CBN Researcher Wins Top Award as Nigeria Shines at ICEGOV 2025 Conference Nigeria achieved a historic milestone in digital governance this week, not only by successfully hosting the prestigious 18th International Conference on Theory and Practice of Electronic Governance (ICEGOV 2025)—the first time the event...

Banks’ Recapitalisation Key to Achieving $1trn Economy — CBN

Banks’ Recapitalisation Key to Achieving $1trn Economy — CBN   The Central Bank of Nigeria (CBN) has reiterated that the ongoing recapitalisation of commercial banks is central to achieving the Federal Government’s ambition of building a $1 trillion economy by 2030. The CBN Deputy Governor for Financial...