HomeTagsNaira Stability

Naira Stability

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.

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.

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.

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.

Latest articles

Borno shortlists 40 ex-Boko Haram terrorists for army recruitment

The Borno government has put 40 former Boko Haram terrorists forward for Nigerian Army recruitment, alarming officers who question their documents and battlefield loyalty.

State police push shifts to governors and state lawmakers

After the Senate and House passed the state police bill, Nigeria's 36 state assemblies must now decide whether the long-debated policing reform finally becomes law.

Nigeria signals fresh review of N70,000 minimum wage

Nigeria's government says it will reassess the N70,000 minimum wage soon, arguing that the figure no longer reflects the rising cost of living nationwide.

EU and GIZ donate 200kW solar facility to SON

The European Union and GIZ have donated a 200kW solar PV system to the Standards Organisation of Nigeria to power energy-performance testing and cut diesel costs.