January 26, 2026

Independent.Digital.News.Network

CBN

Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy

IDNN
0
Nigeria is winning praise abroad but losing traction at home. From FATF reforms that restored global confidence to Dangote’s refinery expansion signaling industrial ambition, the country looks renewed on paper — yet on the ground, manufacturing is stalling, demand is collapsing, and inflation keeps biting. This is Nigeria’s new economic paradox....

Nigeria Exits FATF Grey List as CBN Declares Confidence Restored in Financial System

IDNN
0
Nigeria’s removal from the Financial Action Task Force (FATF) grey list marks a major credibility win for the country’s financial system. The Central Bank says it reflects stronger anti-money laundering reforms, improved compliance, and renewed investor confidence — potentially unlocking billions in foreign capital inflows and lowering compliance risks for banks....

NIGERIA’S DIGITAL CURRENCY MOMENT — WHO REALLY WINS IN THE CASHLESS ECONOMY?

IDNN
0
As Nigeria accelerates its cashless revolution — from POS caps and airport e-payments to fintech regulation and MSME funding — a deeper question emerges: Who really wins in this new digital order? For every leap in innovation, there’s a ripple in inclusion. And at the heart of it lies the balance between control and opportunity....

NAIRA STUMBLES TO ₦1,470/$ AS INFLOWS THIN — FX MARKET BRACES FOR PRESSURE

IDNN
0
After weeks of relative calm, the naira slipped across both official and parallel markets on Monday, closing at ₦1,470.26/$ at the Nigerian Foreign Exchange Market. Analysts link the dip to reduced weekly inflows and delayed portfolio remittances, warning that the currency’s stability could be tested again if inflows fail to rebound....

CBN SLAMS POS OPERATORS WITH ₦1.2 MILLION DAILY LIMIT — DIGITAL OVERSIGHT TIGHTENS

IDNN
0
The Central Bank of Nigeria (CBN) has rolled out sweeping new rules capping Point-of-Sale (POS) agent transactions at ₦1.2 million per day. It’s the boldest step yet in Nigeria’s drive to sanitise the fintech space, strengthen oversight, and push the nation toward a fully cashless economy....

This website uses cookies to improve User experience. Accept Learn More

Our Policies