Nigeria’s Naira remains stable against the dollar amid strong external reserves and rising oil prices, with parallel market rates around N1,410–N1,415.
Nigeria has always prided itself as Africa’s largest economy and most populous nation. Currently, its banking sector is confronting a moment of truth that should send...
Food inflation in Nigeria jumps to 12.12% in February, driven by rising prices of key staples, according to the National Bureau of Statistics.
The true capital of any banking system is not just money. It is trust. And whether this recapitalisation ultimately succeeds will depend on whether Nigerians see...
Finance Ministry clarifies that low MDA cash releases do not indicate abandoned projects; capital expenditure in 2025 reached N11.7 trillion.
The Naira opened the week slightly stronger against the dollar on March 9, 2026, trading around N1,391 in the official NFEM window. See full exchange rate...
Nigeria’s Central Bank says locally sourced gold refined to London Bullion Market Association standards has been added to its reserves as part of diversification efforts.
The real issue, therefore, is not whether MBG is good or whether car imports are beneficial. The issue is whether Indonesia has a coherent political economy...
Nigeria has been wealthy for decades. What it has lacked is disciplined guardianship of that wealth. End the era of systemic leakage and institutional silence, or...
The decision to cut the MPR by 50 basis points is a real sign of the central bank's steady hand and clear vision. By skilfully combining...