Nigeria launched NERSI, offering vulnerable households N50,000 monthly cash relief. Learn how payments work, who qualifies, plus scam alerts and helpline details.
The naira rose for a third session to ₦1,346.91/$ after CBN intervention, as dollar turnover plunged and reserves slipped, while the parallel rate also weakened.
Nigeria's 2026 budget faces uncertainty as oil earnings hinge on global supply challenges and competition from Venezuela. Experts urge diversification.
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.
Economy
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