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Naira Stability

News

FG unveils national cloud policy, targets $750m investment in 24 months

Nigeria's government has unveiled a National Digital Cloud Policy that aims to attract $750 million in private cloud and data investment within 24 months.
News

MultiChoice Nigeria clarifies ownership structure under Canal+

MultiChoice Nigeria says it still sets pricing, content and distribution decisions locally under CANAL+, insisting global ownership keeps key operational choices in Nigeria.
News

CBN Grants Bureaux de Change Temporary Access to Official FX Market to Bolster Naira

CBN grants Bureaux de Change access to forex market while implementing measures to stabilize the Naira and curb speculation.
News

World Bank Urges CBN to Halt Ad-Hoc Forex Auctions

The World Bank has advised Nigeria’s Central Bank to end ad-hoc FX auctions and adopt a transparent, structured approach to stabilize the naira, strengthen foreign reserves, and improve liquidity, amidst concerns over rising non-performing loans and currency market volatility.
News

Tinubu Inherits Economic Crisis, Presidency Defends Policies

Facing critical reports, the Nigerian Presidency clarifies the economic challenges inherited by President Tinubu and the strategic measures implemented for recovery.

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News

FG unveils national cloud policy, targets $750m investment in 24 months

Nigeria's government has unveiled a National Digital Cloud Policy that aims to attract $750 million in private cloud and data investment within 24 months.
News

MultiChoice Nigeria clarifies ownership structure under Canal+

MultiChoice Nigeria says it still sets pricing, content and distribution decisions locally under CANAL+, insisting global ownership keeps key operational choices in Nigeria.
Politics

Adeleke Wins Osun Governorship Election by 66,252 Votes

KEY POINTS Ademola Adeleke won the Osun governorship election with 511,067 votes, defeating APC’s...
News

Bandits Attack Sokoto Communities, Displace Women and Children, Rustle Over 300 Cattle

KEY POINTS Suspected bandits attacked Ungushi, Gwandi and Maikurfuna in Kebbe LGA, forcing women,...