CBN Attracts Over N1 Trillion at Latest OMO Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) successfully secured approximately N1.008 trillion during its most recent Open Market Operations (OMO) auction…
Hajj 2025: Nigerian Pilgrims to Receive Cash for Travel After Shettima’s Intervention
In a significant policy shift, the Central Bank of Nigeria (CBN) has approved the disbursement of Basic Travel Allowance (BTA)…
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CBN Announces the Appointment of 16 New Directors to Strengthen Key Departments
The Central Bank of Nigeria (CBN) has officially appointed 16 new directors to oversee critical departments, effective March 3. This…
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CPPE Commends CBN’s Pause on Rate Hikes, Advocates for Future Reductions
Introduction The Centre for the Promotion of Private Enterprise (CPPE) has expressed support for the Central Bank of Nigeria’s (CBN)…
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CBN and the Nigerian Economy: Policy Actions and Projections
Central banks play a pivotal role in stabilizing a nation’s currency and economy through the implementation of monetary policies. However,…
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Naira Depreciation: A Looming Threat to Nigeria’s 2025 Budget Goals
Discover how the Naira’s continuous devaluation threatens Nigeria’s 2025 fiscal plan, with inflation, exchange rate fluctuations, and budgetary constraints creating…
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Foreign Portfolio Investments in Nigerian Stock Market Surge by 180.9%
Foreign Portfolio Investments (FPIs) into the Nigerian stock market saw a remarkable surge of 180.95% between January and October 2024,…
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Naira Weakens to N1,668/$ in Parallel Market Amid Mixed Official Performance
The Nigerian Naira has experienced a significant drop in the parallel market, depreciating to N1,668 per dollar, compared to N1,600…
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Naira Appreciates as CBN Implements Electronic Forex Market System
The value of the Nigerian naira has surged by nearly ₦100—an over 5% appreciation—within a single week following the Central…
