Naira Depreciates By 0.4% At Official Market
The Naira on Tuesday recorded a slight depreciation at the official market, trading at N1,386.65 to the dollar. Data published on the Central Bank of Nigeria...
Why Strengthening Nigeria’s Banks Matters
“The recapitalisation programme has strengthened the capital base of Nigerian banks, reinforcing the resilience of the financial system and ensuring it is well-positioned to...
Dollar To Naira Exchange Rate Today, April 6, 2026
The Nigerian Naira maintained a stable trajectory against the United States Dollar as the first full trading week of April 2026 commenced. Market performance...
Sterling Bank’s Zero Transfer Fees Policy Saves Nigerians Over N2bn
One year after breaking away from traditional banking charges, Sterling Bank has announced that its Zero Transfer Fees policy has returned more than N2...
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...
