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Nigeria’s debt service payments dropped to $276 million in February 2025, a significant decline from $540 million in January. This reduction is attributed to government efforts in restructuring debt and …
Nigeria’s February 2025 Debt Service Payments Decline Significantly Read More
Remittances from Kenyans in the diaspora declined by Sh2.3 billion in January, totaling $427.4 million. This decrease is attributed to the stable exchange rate of the Kenyan shilling against the …
Kenyans Overseas Experience Decrease in Remittances Amid Stable Shilling Read More
The Central Bank of Nigeria is enhancing regulatory oversight to strengthen the financial sector, prevent financial crimes, and ensure compliance with global standards. There was a recent workshop emphasizing the …
CBN Enhances Regulatory Oversight to Fortify Nigeria’s Financial System Read More
The Nigeria Customs Service and the Central Bank of Nigeria must collaborate effectively to improve trade and economic stability. Under Comptroller-General Bashir Adewale Adeniyi, the NCS seeks to implement reforms …
Enhancing Nigeria’s Trade: The Collaboration of Customs and CBN Read More
On February 27, 2025, the Naira appreciated to N1,492.49 against a Dollar, marking a 0.44% increase. Analysts praise CBN reforms but caution that sustained appreciation requires increased production. FX reserves …
Naira Strengthens Against Dollar Amid CBN Reforms Read More