First HoldCo Plc has appointed Gwen Mwaba, a former senior executive at the African Export-Import Bank (Afreximbank), as a non-executive
JPMorgan Chase has deposited ₦50 billion (approximately $38 million) with the Central Bank of Nigeria (CBN) as it moves closer
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
Nigeria’s gross external reserves have risen to $52.02 billion, their highest level in more than 17 years according to the
The Presidential Executive Order on Virtual Assets Coordination, 2026, takes immediate effect and establishes a Virtual Asset Council chaired by
Presidential economic adviser Dr. Tope Fasua has offered an unusual defence of inflation, arguing that the economic debate in Nigeria
The International Monetary Fund has warned that the growing adoption of U.S. dollar-backed stablecoins in Nigeria could reduce demand for
Nigeria’s gross external reserves have climbed above the $50 billion mark, driven by sustained foreign exchange inflows from oil exports,
Nigeria’s diaspora remittance inflows are estimated to have risen to approximately $23 billion in 2025, marking one of the strongest
There was a time when you could hold the entire breadth of Nigeria’s economy in your palm — coins of
Nigeria’s currency moved in opposite directions across its two main foreign-exchange markets, highlighting continued volatility in the country’s exchange-rate system
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