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.

At its 301st meeting held on July 21 and 22, 2025, the Monetary Policy Committee of the Central Bank of Nigeria made the deliberate decision to maintain all key policy parameters.

Nigeria’s Interest Rate Dilemma: Stability at What Cost? By Prof. Chiwuike Uba, PhD In its July 2025 Monetary Policy Committee (MPC) meeting, the Central Bank of Nigeria (CBN) opted to retain its existing monetary parameters—maintaining the Monetary Policy Rate (MPR) at 27.5%, the Cash Reserve Ratio...

Naira Holds Firm Against Dollar in Black Market The Naira remained stable against the US dollar on Wednesday, July 23, strengthening im the parallel market. Currency dealers in Abuja told Economic Confidential that the Naira was exchanged at ₦1,515 per dollar for buying and ₦1,525 for...

Cardoso: We Won’t Stop Until Inflation Hits Single Digit The Central Bank of Nigeria (CBN) has said it will maintain a tight monetary policy stance until inflation is decisively curbed, reaffirming that achieving a single-digit inflation rate remains its top priority. CBN Governor, Mr. Olayemi Cardoso,...