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Naira Stability

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Gunfire Erupts as Hoodlums Attack Governor Adeleke’s Convoy in Osogbo

KEY POINTS Suspected hoodlums attacked Governor Ademola Adeleke’s convoy after his visit to the...

August 20, 2026

News

Inmate Escapes from Maximum Security Custodial Centre in Maiduguri

KEY POINTS Inmate escapes from Maiduguri maximum-security prison. NCoS identifies him as “JOHN ISEARL”. ...

August 20, 2026

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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.

December 26, 2024

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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.

October 30, 2024

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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.

June 17, 2024