There is tension and panic as military aircraft crashing during parade at the capital. You should see the details of the incident that have started trending.
There is tension and panic as military aircraft crashing during parade at the capital. You should see the details of the incident that have started trending.
The naira strengthens to N1,302 against the US dollar, gaining N11 in a day as forex turnover rises 62%, supported by Nigeria's $54 billion reserves.
The CPPE has warned that the reform could fail unless it is implemented gradually and with strong consideration for Nigeria’s economic and political realities.
The naira appreciates to N1,430.84 per dollar, driven by improved FX supply and CBN reforms, as analysts project stability in 2026 amid declining volatility.
The Nigerian government opens portal for free business registration with the aim to capture the informal sector and grow small, medium enterprises nationwide.
The Central Bank of Nigeria mandates banks to enhance cash availability, enabling a stress-free festive season for Nigerians amid rising digital transactions.
Nigeria's economy faces a tighter foreign exchange market and rising living costs in 2026, with digital finance growing amid challenges in consumer protection.
The CBN's $7.53 billion intervention stabilised the naira, noting a 7.14% gain in 2025, reversing past deficits with a $4.60 billion balance of payments surplus.
Applications are now open for the FGN–ALAT Digital Skillnovation Programme, empowering young Nigerians with vital digital skills for entrepreneurship.
Nigeria's current account surplus narrows to $3.42bn despite rising crude oil and refined petroleum exports, as remittances provide vital external support.
Nigerian banks introduce a 10% withholding tax on foreign currency deposit interest from January 1, 2026, amidst President Tinubu's tax reforms for a fairer system.
Economy
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