CBN’s ATM Fee Hike: A Financial Strain or Necessary Reform? By Rahma Olamide Oladosu
The announcement by the Central Bank of Nigeria (CBN) of the plan to hike ATM transaction fees which took effect from March 1, 2025, sparked widespread concerns across the country. As millions...
Nigeria's Crude Export Revenue Declines 17% to $6.68bn in Two Months - Report
Nigeria’s revenue from crude oil export fell by 17 per cent in the first two months of the year to $6.68 billion driven by lower price of the commodity.
The data analysis on...
Naira Strengthens Against Dollar in Official, Parallel Markets
The naira appreciated marginally against the US dollar on Tuesday, gaining ₦2.33 in both the official and parallel markets.
A source at the Abuja black market told Economic Confidential that as of May 27, the naira was trading...
Naira Holds Firm Against Dollar in Black Market
The naira remained stable against the US dollar in the parallel market on Monday.
A source at the Abuja black market told Economic Confidential that as of May 26, the naira traded at ₦1,610/$1 for buying and ₦1,617/$1...
Steady Hands in Stormy Times: Why Holding Rates Was the Right Call for Nigeria, by Rahma Olamide Oladosu
In the face of persistent global economic uncertainties and domestic challenges, the decision of the Central Bank of Nigeria’s Monetary Policy Committee (MPC) to retain the Monetary...
