Nigeria faces a delicate economic balancing act as billions of naira in liquidity could flow back into the financial system,
The Central Bank of Nigeria has cut its Monetary Policy Rate (MPR) to 23% from the longstanding 26.50%. This decision
LemFi has appointed Dr Haydar Daudu as its Head of Regulatory Affairs and Policy, West Africa. Daudu’s new role will
The naira strengthened to N1,329/$ in the official market on Tuesday, September 1, 2026, breaking below the N1,330/$ level for
The naira appreciated marginally at the Nigerian Autonomous Foreign Exchange Market (NAFEM), closing at N1,364.00 per US dollar on 7
The Central Bank of Nigeria (CBN) has maintained its monetary policy rate at 26.5% for the second month running. This
The Presidential Executive Order on Virtual Assets Coordination, 2026, takes immediate effect and establishes a Virtual Asset Council chaired by
The naira closed at ₦1,381.00/$1 in the NAFEM window on Thursday, improving from ₦1,383.50/$1 recorded a day earlier. The ₦2.50
Nigeria’s gross external reserves have climbed to $51.86 billion, their highest level in more than 17 years, surpassing the Central
The dollar appreciated to ₦1,410.00/$ on Thursday from ₦1,400.00 a day earlier in the parallel market as demand for the
Business file featuring Aradel Holdings, NOG Energy Awards, BUA Group, Ecobank Nigeria, MTN, Macallan, Nigerian Content Development and Management Board
The naira recorded mixed movements across the official and parallel foreign exchange markets on Wednesday, July 8, 2026. Data from
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