Nigeria’s external reserves climbed to their strongest level in six years, crossing the $42bn mark for the first time since September 2019.

Naira Extends Gains Across Markets on Sept 22 The naira continued its upward gain against the US dollar on Monday, September 22, appreciating in both the parallel market and at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira...

CBN Sells $574m to Boost FX Market Liquidity in August   The Central Bank of Nigeria (CBN) ramped up its dollar sales in August 2025, selling a total of $574 million in a bid to stabilise the foreign exchange (FX) market amid waning inflows from key...

CBN Gives Successor Bank Chiefs Six-Month Deadline The Central Bank of Nigeria has issued a fresh directive compelling all Domestic Systemically Important Banks to obtain regulatory approval for the appointment of successor managing directors at least six months before the exit of incumbent chief executives. In...

Naira Gains in Black, Steady in Official Market on Sept 15 The naira rebounded with ₦10.33 gain against the US dollar on Monday, September 15, appreciating in the parallel market while maintaining stability at the Nigerian Foreign Exchange Market (NAFEM) Currency dealers in Abuja told Economic...

Book Review: Renewed Hope in Central Banking – A Blueprint for Nigeria’s Economic Future By Khadijah Lawan Muhammad Reading "Renewed Hope in Central Banking" by Rahma Olamide Oladosu is both refreshing and enlightening. At 133 pages, the book compiles 26 essays originally published in Economic Confidential...