NGX Investors Gain N1.8trn in September Amid CBN’s reforms Investors in the stock market earned N1.811 trillion in September 2025 amid the ongoing Central Bank of Nigeria, CBN’s monetary reforms, which have led to increased investors’ confidence in the market. Analysts have emphasised that the recent...

Bank Customers Lose ₦250bn Annually to Cybercrime The National Bureau of Statistics (NBS) has revealed that Nigeria recorded 25.35 million cases of stolen phones between May 2023 and April 2024, making it the country’s most prevalent crime with fewer than 12 per cent of the...

Tinubu Tasks CBN on Funding for National Theatre Endowment President Bola Tinubu has called on the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and other key stakeholders to establish an endowment fund dedicated to the maintenance and sustainability of the newly inaugurated National...

Nigeria Spends $2.86bn on Debt Service in Eight Months – CBN The Central Bank of Nigeria has revealed that Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, this accounted for 69.1 per cent of the country’s total...

CBN, Diaspora Dollars and Nigeria’s Economic Lifeline By Abdulrasheed Musa Kofa For years, Nigeria has leaned on its diaspora as a hidden anchor of survival. Beyond emotional ties and cultural nostalgia, Nigerians abroad have sent home billions of dollars, cushioning households and helping many weather difficult...

Naira Falls in Black Market, Gains at Official Window on Sept 29 The naira falls marginally against the US dollar on Monday, September 29, depreciating in the parallel market, while appreciating at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that...