Nigeria’s financial outlook opened the month of July with an encouraging sign as the naira recorded a slight appreciation against the United States dollar, accompanied by a modest but meaningful rise in the country’s external reserves.

Naira Reverses Gains Against Dollar in Black Market The Naira has lost N15.33 of its gains against the US dollar on Monday July 28, depreciating in the parallel market. Currency dealers in Abuja told Economic Confidential that due to high demand, the Naira was exchanged at...

There was rancor in the country when the Central Bank of Nigeria (CBN) in December 2024 prepared to retire up to 1,000 employees under the Early Exit Package (EEP) initiative, with over N50 billion allocated for severance payments. But in true, the recent strategic restructuring by the apex bank marks a significant turning point in the nation’s financial governance.

BVN, NIN Sale: A Threat to National Security By Shuaib S. Agaka Just weeks ago, national alarm bells rang over the dangers of SIM recycling—where inactive mobile numbers are reassigned without proper verification, sometimes leading to unauthorized access to bank accounts and sensitive platforms. Now, with...

The 46th edition of the Central Bank of Nigeria (CBN) Senior Open Tennis Championship in Abuja was more than a return of a celebrated sporting event; it was a carefully orchestrated display of how sport can become an agent of social cohesion, youth empowerment, and national renewal.

According to a new report by the Central Bank of Nigeria (CBN), businesses across Nigeria have ranked high interest rates as the most severe constraint affecting their operations in June 2025, overtaking long-standing challenges such as insecurity and poor electricity supply.