Naira Gains Against Dollar in Official, Black Market ‎The Nigerian Naira continued its appreciated against the US dollar on Wednesday, June 2, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers...

Naira Strengthens Against Dollar in Official, Black Market  ‎The Nigerian Naira remained steady against the US dollar on Tuesday, June 1, in both the official and parallel markets, reflecting persistent pressure and volatility in the country’s foreign exchange environment. ‎In the black market, currency dealers in...

Nigeria’s broad money supply declined for the second time this year, falling slightly to N119.01tn in May 2025, according to fresh data from the Central Bank of Nigeria (CBN).

Nigeria’s total public debt ballooned to N149.39 trillion as of March 31, 2025, according to data from the Debt Management Office (DMO).

‎‎CBN Reports $3.73bn Current Account Surplus for Nigeria in Q1 2025 ‎ ‎ ‎The Central Bank of Nigeria (CBN) has reported a current account surplus of $3.73 billion for the first quarter of 2025, citing growth in non-oil and gas exports as key drivers. The figure reflects...

At a time when the global economy is increasingly fragmented, Africa is being presented with a rare opportunity to turn inward, unite its economic forces, and chart a transformative path through the African Continental Free Trade Area (AfCFTA).