The Nigerian electricity sector slowed in the fourth quarter of 2024 (Q4 2024), with the electricity production index declining by 1.64% year-on-year (y-o-y).
While financial institution like the Central of Nigeria (CBN) working tooth and nail to restore the value of the local currency for economic prosperity, some individuals, call them economic saboteurs, are engaged commoditisation of same, a practice which projects blatant disregard for our nation’s legal tender, weakens its value and also erodes respect for our national identity.
Currency in Circulation Declines to N5.03trn - CBN
Currency in circulation dropped for the first time in one year, according to the updated money and credit data from the Central Bank of Nigeria (CBN).
The currency in circulation, representing the banknotes and coins that have been...
Nigeria's Money Supply Declines to N110.3tn in February, Says CBN
Nigeria’s money supply recorded its first decline in 2025, falling to N110.32tn in February from N110.94tn in January, data from the Central Bank of Nigeria showed.
Nigeria’s money supply recorded its first decline in 2025, falling...
CBN Deepens Fight Against Forex Speculators as Naira Slides
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order in the country’s foreign exchange market by identifying and eliminating bad actors whose activities...
