Court Orders CBN to Disclose PSC Accounts in ₦100m Judgment Enforcement
Justice D.I. Dipeolu ordered fuller disclosure of PSC account information as judgment creditors pursue enforcement of a ₦100 million damages award....
CBN
Witness says ₦124.86bn withdrawal not traced to Emefiele
A Finance Ministry director told the FCT High Court that the ₦124.86bn withdrawal was unknown to the ministry and was not traced to Emefiele. The testimony is not a judicial finding, and the trial continues on November 26....
Nigeria’s 350bp rate reset puts borrowing costs, bond returns and bank pricing in play
Nigeria’s policy rate has fallen sharply, but cheaper money is not yet guaranteed. The next test is whether the CBN’s 350-basis-point reset reaches government borrowing, bank lending, investors and the real economy....
CBN Surveys Show Business Activity Expanding as Household Confidence Weakens
Nigeria’s business activity expanded again in September, but CBN survey reporting shows household confidence deteriorating as consumers remain under pressure from prices and weak personal finances...
CBN resets policy rate to 23% as businesses push banks for cheaper loans
The CBN has reset its Monetary Policy Rate to 23% from 26.5%. Businesses want cheaper credit, but the real test is whether banks actually reprice loans and expand access to finance....
Naira hovers near ₦1,326/$ as Fed decision and CBN meeting put FX market on watch
The naira is holding near ₦1,326/$ as markets await the Federal Reserve’s September decision and the CBN’s next MPC meeting, with FX liquidity and intervention still under watch....
Borno traders report suspected counterfeit ₦1,000 notes in grain markets
Borno traders say suspect ₦1,000 notes are cutting into transactions and market confidence, while formal authentication of the reported currency remains unresolved....
Confidence Abroad, Contraction at Home: The Split Reality of Nigeria’s 2025 Economy
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
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?
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....