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Naira Slides in Black Market, Steady at Official Window on Oct 20

Naira Slides in Black Market, Steady at Official Window on Oct 20 The naira marginally declined against the U.S. dollar on Monday, October 20, at the parallel market, while it retained its strength at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic...

CBN to Auction N650bn Treasury Bills on Oct 22

The Central Bank of Nigeria (CBN) will on Wednesday, October 22, 2025, conduct its Treasury Bills (T-Bills) Primary Market Auction (PMA), where a total of N650 billion worth of maturing bills will be rolled over.

Improved Security, Reforms Trigger $8bn Energy Investments – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that Nigeria has attracted over $8 billion in new energy investments.

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms

Nigeria Assumes G-24 Chairmanship, Vows to Drive Global Economic Reforms   Nigeria has taken over the chairmanship of the Intergovernmental Group of Twenty Four (G-24), with a promise to drive inclusive global economic reforms. The announcement was made on Wednesday, October 15, through a series of posts...

CBN, Angolan Counterpart Ink Deal to Boost Regional Financial Stability

CBN, Angolan Counterpart Ink Deal to Boost Regional Financial Stability   The Central Bank of Nigeria (CBN) and the Bank of Angola have signed a Memorandum of Understanding (MoU) to deepening cooperation and strengthening regional financial stability through knowledge exchange, capacity development, and regulatory coordination. The agreement...

Reps to Summon CBN, Others Over Automotive Finance Scheme

Reps to Summon CBN, Others Over Automotive Finance Scheme   The House of Representatives Committee on Industry has pledged to work towards improving access to affordable vehicle financing for Nigerians as part of efforts to strengthen the country’s automotive sector. To this end, the committee has pledged...