CBN's Agric Funding Initiative Falls Short of Farmer's Expectations   The National President of the All Farmers Association of Nigeria (AFAN) Kabir Kebram, has described the Central Bank of Nigeria (CBN) Anchor Borrowers’ Programme (ABP) as a failed intervention. Speaking on the controversial agricultural financing scheme, Kebram...

Naira Falls Against Dollar in Black Market The naira falls consecutively against the US dollar on Thursday, July 31, mirroring the pace of its appreciation in the parallel market a week earlier. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira...

Beyond Rebasing, The Nigerian Economy Has Changed By ‘Tope Fasua Well, the world economy has changed in a remarkable manner. The advent of COVID-19 marked a radical shift to the dominance of the digital economy especially. In that era, the uber-rich grew even indeterminably richer, while...

Currency traders have attributed the recent performance of the naira and the relative stability of the foreign exchange (forex) market to the excess dollar supply.

At a time we all advocate for a cut in governance costs, what would creating new states mean for the economy?

Naira Falls Against Dollar in Black Market The Naira continued to decline against the US dollar on Tuesday July 29, weakening further in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at ₦1,535 per dollar...