Naira Holds Steady Against Dollar On April 2, 2026
The Nigerian Naira traded on a stable note against the United States Dollar in early dealings on Thursday, April 2, 2026, sustaining the positive...
CBN Wraps Up Recapitalisation As 33 Banks Raise N4.65trn
The Central Bank of Nigeria (CBN) has announced the completion of its banking sector recapitalisation programme, revealing that 33 deposit money banks collectively raised...
Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending
Nigerians paid more for transportation in February 2026 as rising airfares and motorcycle (Okada) fares pushed overall commuting costs higher, according to the National...
Naira Holds Steady Against Dollar As New Quarter Opens On A Positive Note
The Nigerian Naira kicked off April 2026 on a stable footing, trading within a narrow range against the United States Dollar as market conditions...
Africa Must Act Fast to Plug $88bn Leak from Illicit Financial Flows
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Olawale Edun, has called for urgent action to curb the estimated $88 billion lost...
ELECTRICITY: Liquidity Crisis Worsens As FG Pays 4% Of N1.9trn Subsidies
The Federal Government’s inability to meet its financial obligations to power generation companies has deepened the crisis in the already struggling electricity sector, with...
Middle East War Dims Global Economic Outlook, Says IMF
The International Monetary Fund (IMF) has warned that the ongoing war in the Middle East is casting a shadow over the global economy, threatening...
Dollar To Naira Exchange Rate Today, March 31, 2026
The Nigerian Naira maintained a steady performance against the United States Dollar in the official market as the first quarter of 2026 drew to...
Foreign Investment In Manufacturing Plunges 51.44% In Two Years
…Drops to $772.45m in 2025 •Sector’s investment share falls to 3.33% from 49.73% in 2023 Foreign investment in flows into Nigeria’s manufacturing sector have suffered a sharp...
Exports Proceeds Repatriation: Manufacturers Fault CBN’s Exclusion Of Non-Oil Exporters
Manufacturers under the aegis of the Manufacturers Association of Nigeria Export Group (MANEG) have raised concerns over what they described as a policy imbalance...
