President Bola Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, has defended the administration’s economic policies, claiming that food prices have fallen, foreign investors are returning and Nigeria’s financial
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The Nigerian naira has strengthened to a two-year high against the United States dollar, shrugging off concerns over the impact of the latest interest-rate cut on the currency. The naira
Liquidity in Nigeria’s banking system has surged to N8.84 trillion ahead of the settlement of the Central Bank of Nigeria’s latest Open Market Operation bills, raising expectations of a major
Transactions in Nigeria’s foreign exchange market rose by 11 per cent to $2.63 billion in the week ended September 25, signalling increased activity across the market. The increase covered both
Nigeria’s net foreign exchange inflow rose by 36.5% year-on-year to $33.76 billion in the first five months of 2026, up from $24.72 billion recorded in the same period of 2025.
The Central Bank of Nigeria (CBN) has lifted its seven-year restriction on local investor participation in Open Market Operations (OMO), reopening the market to individuals, companies and non-bank financial institutions.
Nigeria’s manufacturers are still battling multiple taxes, levies and regulatory charges despite the introduction of the Nigeria Tax Act 2025, the Manufacturers Association of Nigeria (MAN) has said. The association
The Nigerian naira recorded a marginal decline against the United States dollar in the official foreign exchange market, with the exchange rate slipping to N1,385 per dollar, according to the
Financial experts say Nigeria’s economy has taken a hit following U.S. President Donald Trump’s designation of the country as a “Country of Particular Concern” (CPC) and his recent threat of
Nigeria wakes up to a mix of political updates, security concerns, economic shifts, and labour unrest. Here are the 10 biggest stories making headlines this morning: 1. Tinubu cuts short
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