USSD: Enhancing e-Naira's Capacity to Ease Cash Crunch Pains, by Abdulrahman Abdulraheem   There is no doubting the fact that the naira redesign policy of the Central Bank of Nigeria (CBN) which led to the unintended consequence of naira scarcity was not meant to punish or...

Report Reveals Non-oil Export Earnings Hit $75m In Two Months   Earnings from non-oil export in October and November rose to $75m, figures obtained from the Central Bank of Nigeria (CBN) have revealed. The CBN stated in its November economic report that non-oil export earnings rose by...

Capital Importation Drops By 48% - CBN   Capital importation into the country for the production and manufacturing sector crashed by 48.42 per cent in 2022. Economic Confidential observed that foreign investments in manufacturing businesses in the country fell from $100.97m in January 2022 to $52.08m in...

CBN Appoints Isa Abdulmumin New Spokesman The Central Bank of Nigeria (CBN) has announced the appointment of Dr Isa Abdulmumin as its Acting Director, Corporate Communications Department. A statement from the apex bank on Friday said his appointment comes after the retirement of Mr Osita Nwanisobi. Economic...

Between e-Naira and Cash Crunch: Tackling Misinformation and Disinformation, by Abdulrahman Abdulraheem   From time immemorial, the world has placed enormous responsibilities on the shoulders of the media. Aside the traditional functions of informing, educating and entertaining the populace, the media has metamorphosed into the most...

Amid FG Borrowings, Money Supply Reached N53.27trn In January   On the back of the federal government increased borrowing, money supply (M3) in the economy increased to N53.27 trillion in January 2023, representing a 17.87 per cent Year-on-Year (YoY) increase from N45.19 trillion reported in January...