Stewardship, Not Seizure: What The Union Bank Case Is Really About
There is a particular genre of financial commentary that mistakes legal process for a factual verdict. A court delivers a first-instance ruling, procedural questions...
FG Terminates $717 Million World Bank Power Loan Amid Blackouts
The federal government has cancelled $717.7 million in undisbursed World Bank financing for Nigeria’s troubled electricity sector, effectively terminating the remaining portion of a...
Dollar To Naira Exchange Rate Today, May 25, 2026
The Nigerian naira traded within a relatively stable range against the United States dollar on Monday, May 25, 2026, across both the official Nigerian...
Naira Depreciates To N1,387/$ In Parallel Market
The Naira yesterday depreciated to N1,387 per dollar in the parallel market from N1,380 per dollar on Wednesday. Similarly, the naira depreciated to N1,372.75 per...
CBN To Maintain Monetary Policy Rate At 26.5%
The Central Bank of Nigeria's (CBN) Monetary Policy Committee (MPC) decided to keep the Monetary Policy Rate (MPR) at 26.5% after its 305th meeting. The decision...
Naira Rises To N1,385/$ In Parallel Market
The Naira yesterday appreciated to N1,385 per dollar in the parallel market from N1,395 per dollar on Monday. But the local currency depreciated to N1,373.65...
Nigeria’s N40trn Revenue Target Under Threat From Tax Leakages —NRS
ABUJA—The Nigeria Revenue Service, NRS, has warned that persistent tax leakages, delayed remittances and weak compliance by some government institutions and sub-national entities could threaten...
Naira Depreciates To N1,395/$ In Parallel Market
The Naira yesterday depreciated to N1,395 per dollar in the parallel market from N1,390 per dollar last Friday. Likewise, the local currency depreciated to...
Dollar To Naira Exchange Rate Today, May 18, 2026
The Nigerian naira traded with slight fluctuations against the United States dollar across the official and parallel foreign exchange markets on Monday, May 18,...
Financial Institutions Race To Meet CBN Deadline On New Cyber-Security Standard
Nigeria’s financial institutions are fighting to meet the deadline of June 10, 2026 set by the Central Bank of Nigeria, CBN, for onboarding to...
