Businesses Suffer as FG's Domestic Loans Hit N9trn The Federal Government’s domestic borrowings from financial market operators rose sharply in 2025 despite high interest rates, widening the gap between public and private sector access to credit, according to data obtained from the Central Bank of...

Naira Gains Against Dollar at ₦1,396/$1 at Official Window on Jan 29 The naira continued its appreciation against the U.S. dollar on Thursday, January 29, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the...

An Abuja High Court has scheduled fresh ten-day trial to address the corruption charges against the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, over Naira redesign.

‎The Federal Government, through the Central Bank of Nigeria (CBN), has upgraded the operating licences of leading financial technology (fintech) firms.

‎CBN, BII Deepen Talks on Financial Sector Reforms, Capital Inflows ‎The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has received a high-level delegation from British International Investment (BII) as part of ongoing efforts to strengthen Nigeria’s financial sector and attract long-term...

CBN Grants Importers Temporary Relief on Expired NAFDAC Licences The Central Bank of Nigeria has approved a temporary window allowing importers to use expired National Agency for Food and Drug Administration and Control licences for import documentation, offering short-term relief to businesses affected by system...