Nigeria’s CBN promotes reforms, policy stability, and market transparency to global investors, driving Eurobond demand and renewed confidence in the economy.
The Central Bank of Nigeria has overhauled its cash-handling rules, lifting deposit limits and increasing weekly withdrawal thresholds to N500,000 for individuals and N5 million for corporates.
Analysts say Nigeria’s economic gains are largely on paper, with macro improvements yet to translate into real relief for citizens. Experts urge targeted reforms for inclusive growth.
More than 11,000 Nigerians have applied to sail on a Nigerian Navy warship, blowing past expectations and forcing officials to draw up a selection plan.
NNPC Limited has denied selling scrap materials, equipment or components from its three refineries, warning the public against fraudsters posing as company agents.