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Naira Appreciation

ADC Postpones Screening Exercise Over Security Fears
  • Politics

ADC Slams Government Over Empty GDP Growth

Amaka Azubuike2 weeks ago2 weeks ago03 mins

 The African Democratic Congress (ADC) has dismissed the federal government’s celebration of a 22 per cent rise in dollar GDP as a whitewash. While official data suggests the economy hit $307bn in 2025, the opposition party argues these figures offer no relief to a hungry population. National Publicity Secretary Bolaji Abdullahi noted that “people do…

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Private Sector Credit Hits Record N94.6tn - CBN
  • Money

CBN Liquidity Mop-Up Bolsters Naira Amid Shrinking Reserves

Tijesuni Promise1 month ago1 month ago03 mins

The Central Bank of Nigeria (CBN) has successfully propped up the naira through aggressive Open Market Operations (OMO), despite a worrying $1.14 billion slide in external reserves. Over a four-day trading week, the local currency gained 1.76 per cent to close at N1,356.89 per dollar at the official window. This recovery suggests that the central…

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Recent Posts

  • Beijing, Abuja Brew Closer Ties via Tea
  • Smartphone Boom Drives N1.5tn MTN, Airtel Data Windfall
  • NYSC and NIMC Partner to Simplify Corps Mobilisation
  • Oyo Police Nab Kidnap Suspects, Dismiss Mass Abduction Rumours
  • Joint Operatives Rescue Abducted Ekiti Council Vice Chairman

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