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Naira Stability

UNIEC warns Igbo silence on Nnamdi Kanu case

UNIEC Director-General Justice Alpha Ikpeama says silence from Igbo leaders on the Nnamdi Kanu case is eroding moral authority and regional credibility.

Nigeria food market set for $233bn growth surge

Messe managing director Paul Marz projected Nigeria's food market at $233.53 billion in 2025, with 10.76 percent annual growth through 2030 at record agrofood expo.

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.

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UNIEC warns Igbo silence on Nnamdi Kanu case

UNIEC Director-General Justice Alpha Ikpeama says silence from Igbo leaders on the Nnamdi Kanu case is eroding moral authority and regional credibility.

Nigeria food market set for $233bn growth surge

Messe managing director Paul Marz projected Nigeria's food market at $233.53 billion in 2025, with 10.76 percent annual growth through 2030 at record agrofood expo.

Manufacturers fault CBN over non-oil exporter exclusion

MANEG executive secretary Benedict Obhiosa says CBN's new forex policy for oil companies creates an unfair gap, leaving non-oil exporters without comparable incentives.

Manufacturing foreign investment in Nigeria plunges 51 percent

Nigeria's manufacturing sector absorbed just $772.45 million in foreign investment in 2025, a 51 percent drop from 2023, even as total capital inflows surged.