CBN Concludes FX Forward Audit, Refunds Banks in Naira
The CBN has refunded naira to banks after closing its audit into failed FX forward…
Posted inDiutolytics Research Economy
Nigeria Records $3.73 Billion Balance of Payments Surplus in Q1 2025
Nigeria posted a $3.73B balance of payments surplus in Q1 2025, driven by naira depreciation…
Nigeria’s Sovereign Sukuk Records N2.2 Trillion in Subscriptions, Oversubscribed by 735%
Nigeria’s Sovereign Sukuk hits N2.2 trillion in subscriptions, fueling nationwide infrastructure while showcasing massive investor…
FG Sets Up Subcommittee to Assess US Tariffs’ Economic Impact
The Federal Government has formed a subcommittee to evaluate the economic risks posed by the…
Posted inCrypto Exchange Regulations
GINGERLY, Nigeria Takes Cautious Steps Toward Crypto Regulation Amid Fraud Concerns
Nigerian authorities are gradually moving to regulate Africa’s largest cryptocurrency market, aiming to create legal…
Posted inEconomy Exchange NAIRA RATE
Naira Falls to N1,500/$1 Amid FX Scarcity
The Nigerian naira weakened to N1,500/$1 in the parallel market on Friday, down from N1,495/$1…
Posted inEconomy Exchange NAIRA RATE
Nigeria’s Non-Oil Revenue Soars in November 2024
Nigeria’s non-oil revenue surged to N1.90 trillion in November 2024, a 16.4% increase compared to…