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central bank

Nigeria’s currency, the Naira, may be in for brighter days, according to optimistic predictions from Minister of Budget and Economic Planning, Atiku Bagudu. His statements come against the backdrop of ongoing exchange rate reforms championed by President Bola Tinubu and the Central Bank. Citing the positive experiences of other countries with liberalized foreign exchange markets, […]

Frustration boils over as Nigerians, particularly grassroots farmers and petty traders, grapple with the ongoing cash crunch. Their once-lucrative businesses are withering under the strain, with many resorting to hiding their meager earnings outside the banking system for fear of them getting trapped. The pain extends beyond individual pockets. Small and medium-scale enterprise associations fear […]