Gunfire and explosions erupted in Niamey as soldiers struck key sites, seized the airport, and clashed with guards before security forces regained control.
Naira strengthens to N1,337.28 per dollar amid improved liquidity; Nigeria’s external reserves rise to $53.3 billion, signalling positive economic stability.
Nigeria’s banking sector nears recapitalisation targets set by the CBN, with 30 banks compliant, enhancing stability and supporting long-term economic growth.
Nigeria's naira weakens to N1,405.62 against the dollar despite rising FX inflows and improved reserves, signalling a potential convergence in the exchange market.
Nigeria's currency is experiencing a 'stealth redenomination' as small naira notes vanish and Inflation is reshaping consumer behaviour and showing economic trouble.
EKEDC has announced a planned three-day electricity outage in Lekki from March 13–15, 9am–5pm daily, for network upgrades to improve power reliability.
Farmers and agribusiness owners in Nigeria can now access loans through the CBN-backed Agricultural Credit Guarantee Scheme to expand production.
Applications are now open for the Jerry Eze Foundation Business Grant, offering up to $300,000 in funding, mentorship, and support for entrepreneurs.
Petrol prices in Ibadan surge to N1,080/litre, causing long queues at stations and increased transport fares, heightening concerns over rising living costs.
Nigerian youths and organizations can now apply for the 2026 Youth Futures Fund, winning up to $10,000, mentorship, and support to scale impactful projects.
Naira weakens by N25 in the parallel market as demand for US dollars rises, widening the gap with official rates amid Central Bank interventions.
Economy
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