‎Nigeria’s economy expanded for the fourteenth consecutive month in January 2026 as the Composite Purchasing Managers’ Index (PMI) stood at 55.7 points, according to the Central Bank of Nigeria (CBN).

The Central Bank of Nigeria (CBN) has released a landmark report on the country’s fintech sector, positioning Nigeria as a continental leader in digital finance while outlining the reforms needed to sustain innovation, inclusion, and integrity.

Despite Nigeria producing over 443 million barrels of crude between January and October 2025, local refiners continue to face shortages as most of the output is exported.

Naira Falls Against Dollar Across Markets on Feb 2 The naira reversed recent gains against the U.S. dollar on Monday, February 2, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja told Economic Confidential that the naira traded at...

Inflation, the Naira, and the Everyday Nigerian Reality By Obamodi Oluwadamilola Faith You do not need an economics degree to grasp Nigeria’s inflation crisis. A walk through any market offers a clearer lesson than a classroom. Prices change almost daily, traders struggle to explain the increases,...

Naira Appreciates with ₦25.33 Gain Across Markets on Jan 30 The naira extended its rally for the fourth time in January, strengthening against the U.S. dollar on Friday, January 30, across both the parallel market and the Nigerian Foreign Exchange Market (NAFEM). Currency dealers in Abuja...