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  • Court Fixes April 14 for El-Rufai Bail April 2, 2026
  • US Lifts Sanctions on Venezuela Leader April 2, 2026
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Nigerian economy 2026

Credit to Nigerian Economy Shrinks as Monetary Policy Shifts
  • Economy

Credit to Nigerian Economy Shrinks as Monetary Policy Shifts

Muhummad Musa1 week ago1 week ago03 mins

Nigeria’s net domestic credit fell by 6.9 percent year-on-year to ₦109.4 trillion in January 2026. Data from the Central Bank of Nigeria (CBN) shows a marked contraction from the ₦117.5 trillion recorded in the same period last year. This decline in the total value of bank credit to both the public and private sectors reflects…

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Naira Holds Steady as Official Rate Hits ₦1,356
  • Money

Naira Holds Firm as Foreign Reserves Hit Milestone

Abdullah Ahmed3 weeks ago3 weeks ago02 mins

The Nigerian Naira maintained its stability against the US Dollar on Friday, 13 March 2026, closing a resilient trading week. Data from the Nigerian Foreign Exchange Market (NFEM) shows the currency opened at 1,398.74 and held steady at 1,398.63 by mid-morning. This marginal appreciation of 0.01% reflects a period of rare calm in the foreign…

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Recent Posts

  • Court Fixes April 14 for El-Rufai Bail
  • US Lifts Sanctions on Venezuela Leader
  • Defections Hit Politicians, Not Voters – PDP
  • No Police Officer Has Right To Free Ride – AIG
  • China Reacts to Trump’s Iran Threat

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