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Naira Stability

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Senate Confirms Usman Dakingari as Ambassador

KEY POINTS The Senate confirmed Usman Dakingari as a non-career ambassador and approved Ismail...

March 13, 2026

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Senate Confirms Jamila Abubakar-Sadiq as INEC National Electoral Commissioner for North-East

KEY POINTS The Senate has confirmed Jamila Abubakar-Sadiq, a retired rear admiral, as INEC...

March 13, 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