Five Firms Account for $120m of Nigeria’s April Non-Oil Export Earnings
Five Nigerian companies generated about $120 million in non-oil export earnings in April 2026, accounting for 29.51% of the earnings ...
Tag: CBN
Tony Elumelu Retires as UBA Chairman After 12 Years
Tony Elumelu has officially stepped down as Group Chairman of United Bank for Africa (UBA) after completing the maximum 12-year ...
Naira Firms as Inflation Eases, but Food Prices Keep Pressure High
Nigeria’s naira strengthened over the past week, closing at ₦1,346.49 per dollar at the Nigerian Foreign Exchange Market (NFEM), while ...
What Happened to Nigeria’s ₦50 and ₦100 Notes?
For millions of Nigerians, the ₦50 and ₦100 notes were once familiar fixtures of everyday commerce, used for transport fares, ...
The Street Economy
Nigeria’s digital economy is often measured through fintech valuations, mobile subscriptions, electronic payments and broadband investment. But beneath those headline ...
UBA Clears H1 Results, Names New Director
United Bank for Africa Plc (UBA) has approved its audited financial statements for the first half of 2026, marking another ...
Why Cash Is Refusing to Die in Nigeria’s Digital Economy
The latest data show a country moving towards electronic payments without abandoning physical money. Cash outside the banking system fell ...
Lower Dollar Demand Gives Naira a Lift in April
Demand for foreign exchange in Nigeria dropped sharply in April 2026, giving the naira some breathing space and helping to ...
What Sending $500 Home Means
For Nigerians receiving money from relatives abroad, sending $500 home now works differently from before. Since May 1, 2026, the ...
Nigeria’s Rural Banking Lifeline Faces a New Last-Mile Test
For years, the Point-of-Sale (POS) agent under the mango tree has been the bank branch that never had to be ...
