Cardoso Honored as Central Bank Governor of the Year
Governor of the Central Bank of Nigeria (CBN) Mr Olayemi Cardoso, has been named Central Bank Governor of the Year at the 2025 African Banker Awards held in Abidjan, Côte d’Ivoire.
The award was presented at...
Sanusi, Emefiele, and Cardoso: Three Titans! One CBN! Endless Trials! by Zekeri Idakwo Laruba
From the moment President Bola Ahmed Tinubu unfurled his Renewed Hope agenda, it was clear that Nigeria’s economic governance was in for a seismic shift. Central to that vision is the...
I speak not only as the Chairman of BUA Group - one of Africa’s largest conglomerates, but also as someone who has lived through the complexity of Nigeria’s reforms..
Naira Sheds ₦10 Against Dollar in Parallel Market
The naira weakened against the US dollar in the parallel market on Thursday, May 29, reflecting ongoing volatility in Nigeria’s foreign exchange landscape.
A source in Abuja's black market told Economic Confidential that the naira was trading at...
AfDB Projects Naira, Cedi Fall Due to Low Export Earnings
African Development Bank (AfDB) has revealed that Nigeria’s naira and the Ghanaian cedi are among the African currencies that are expected to witness a decline this year driven by a potential fall in export earnings.
The...
Naira Holds Firm Against Dollar in Parallel Markets
The naira steadied against the US dollar on Wednesday, in the parallel market.
A source at the Abuja black market told Economic Confidential that as of May 28, the naira was trading at ₦1,605/$1 for buying and ₦1,615/$1...
