In spite of fluctuation in oil price, Nigeria’s external reserves surged to $42.696 billion last week, and the market anticipates additional inflows to lift the balance this week.

Naira Steadies in Black Market, Gains at Official Window on Oct 21 The naira retained its strength against the U.S. dollar on Tuesday, October 21, at the parallel market, while appreciating at the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that...

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...

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.

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 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...