Tag: Central Bank of Nigeria (CBN)

Nigeria’s External Reserves Rise to $40.1 Billion in July — CBN Governor

Nigeria’s external reserves have surged to $40.11 billion as of July 2025,…

What Rising Oil Prices Mean for Nigeria’s Budget and Naira Stability

Global Tensions Push Oil Prices Higher The U.S. military’s recent attacks on…

Nigeria Misses Out on $10 Million World Bank Loan Over Delays and Failed Reforms

Nigeria will forfeit $10 million from a World Bank loan after failing…

Nigeria’s External Debt Payments Surge to $2 Billion in Early 2025

Between January and April 2025, Nigeria allocated approximately $2.01 billion toward servicing…

FG Locks In Naira-for-Oil Policy as Permanent Shift

The Federal Government has confirmed that Nigeria will continue selling crude oil…

Naira on the Edge as Global Markets Shake from Trump’s Tariff Bomb

Nigeria’s financial system faced a fresh wave of pressure on Monday. This…

The Real Estate Price Trap: Why Homes in Lagos and Other Cities Remain Out of Reach

For years, the dream of homeownership in Nigeria has been slipping further…

Naira rises to N1,565/$ in parallel market

The Naira yesterday appreciated to N1,565 per dollar in the parallel market…

Naira’s Resurgence Shakes FX Market Amid Dollar Decline

The Nigerian naira has been on an impressive upward trajectory, unsettling the…

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CBN Loses Appeal to Block Demand for Details on Nigeria’s Demonetized Coins

In a courtroom twist that could reshape public access to financial information,…

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