Think of it like the Real Madrid squad joining forces with the Chelsea squad. You take the best of both, and behold; a stronger, more satisfying team is made. On September 1, 2025...

CBN Gives Green Light To Absorb Titan Bank

CBN Gives the Green Light for Union Bank to Absorb Titan Trust Bank

Something just hit the news, and it smells like Shea butter. President Tinubu has taken a bold and timely step, ordering a six-month temporary ban on the export of raw Shea nut

shea butter

Tinubu Imposes Temporary Ban on Shea Nut Export: What It Means for Nigeria’s Economy

At the 2025 Central Bank of Nigeria (CBN) Fair in Lagos which kicked off on 12 August, 2025, Central Bank of Nigeria officials said they’re reviving the eNaira as part of a wider push for “alternative payment channels”

CBN’s eNaira Project Gets a Second Wind: Why You Should Care (This Time for Real)

If you’re that person who moves your POS machine from one location to another like a traveling salesman, bad news: the Central Bank of Nigeria (CBN) just banned that waka-waka lifestyle.

Geo tagging

CBN Cracks Down on Ghost POS Terminals with GPS Tracking

Lately, the naira is screaming “na dem dey rush us” and surprisingly, it’s Chinese traders doing the rushing. Yep, forex traders report that many Chinese businesses in Nigeria are now swapping naira for yuan, instead of reaching for dollars like before.

Forex Update: Chinese Traders are Now Accepting Naira Instead of Dollars

Forex Update: Chinese Traders Shun Dollars, Embrace Naira 

Nigerian banks are currently in their “new year, new me” era. In March 2024, the Central Bank of Nigeria (CBN) introduced a new recapitalisation policy, basically telling every bank: “Go to the gym, bulk up your capital, or lose relevance.”

CBN Recapitalisation Policy: Where We Are Now

CBN Recapitalisation Policy: How Have We Fared Since Then?

Another day, another money gist from the Nigerian financial streets. This time, open banking is about to enter the chat in August, and it’s easier than it sounds.

All You Need to Know as Open Banking Prepares to Launch in August

Nigeria just pulled a surprise plot twist: our foreign exchange reserves climbed to $41 billion the highest they’ve been in 44 months. For context, that’s like saying the naira just finished 40 Days Fasting and Prayer and came back glowing.

Nigeria's Forex Reserves Just Hit $41 Billion  and Everyone is Shouting "God when!"

Nigeria’s Forex Reserves Just Hit $41 Billion and Everyone Is Shouting “God When!” 

Several Nigerian Deposit Money Banks (DMBs) have restored the use of naira cards for overseas transactions, setting varying spending limits as the foreign exchange (FX) situation shows signs of improvement.

bank-resumption

Banks resume naira cards’ use abroad as FX improves

Africa Soft Power, a pan-African movement designed to accelerate the continent’s development by leveraging its creative, knowledge, and digital economies, is set to host the fourth edition of its flagship convening; the Africa Soft Power (ASP) Summit 4.0, in Nairobi, Kenya, from May 21st –25th, 2025.

Asp Summit

ASP Summit 4.0 to Focus on Money, Innovation, Global Opportunity 

The recent CBN-NASDAQ event in New York reveals a fundamental shift in international perception of Nigeria's economy, with global financial leaders endorsing the Central Bank's transformation agenda.

global market

Economic Renaissance: How Global Markets Are Validating CBN's Bold Reforms

For a while now, 'Naira depreciates' hasn't dominated the headlines, and that's a reason to celebrate as the Naira is still on a winning streak.

CBN Appoints 16 New Directors for Key Departments

For a while now, "Naira depreciates" hasn’t dominated the headlines, and that’s a reason to celebrate as the Naira is still on a winning streak. 

naira stability

Naira Stability Streak Trades At N1490/$1 In Black Market: All You Need To Know

Listen up, fam! If you’ve been tracking the Naira vs. Dollar battle like a Premier League season, then you already know we’re finally scoring goals!

naira cooking

The Naira is Cooking! CBN’s Master Plan is Paying Off

Hold up! The naira just made a solid move in the black market, gaining N45 against the dollar  from N1,610/$1 to a jaw-dropping N1,565/$1.

naira appreciate

Naira Appreciated by N45 Against The Dollar – What’s Driving the Gain?

guiness

Guinness Nigeria reports N20 billion profit, 6 months after Tolaram takeover 

Grab a seat, fam, because this gist from the Central Bank of Nigeria (CBN) is about to make our Diaspora Nigerians shout for joy. You know the drill

global hustle

Your Global Hustle, Nigeria’s Growth: CBN’s Plans for Diaspora Nigerians

Inflation has become a recurring topic in Nigeria, shaping conversations around economic stability and the standard of living.

inflation

Understanding Inflation in Nigeria: Causes, Impact, and Solutions 

It is that time of the year again when the big cities of Nigeria come alive with vibes, flashy outfits, and endless events.

detty december

The Economics of Detty December 

cardoso

Cardoso: Tackling economic challenges with reforms 

Before you delve into today's topic take a deep breath. Now let's address the rumors; the Central Bank of Nigeria (CBN) has confirmed that ...

debate

The Naira Debate is Over: Old or New Naira Still Valid 

If you have been struggling to get cash from the bank lately, you are not alone. The cash crunch is back, and just like...

scarcity

The Cash Scarcity Blame Game: CBN Vs Banks 

Hey, my Naija people, let’s gist about something shaking the economy, it is called the MPR (Monetary Policy Rate)

monetary policy

MPR Hits 27.5%: The Good, The Bad, and How It Affects You 

The Central Bank of Nigeria (CBN)—you know, the big boss of money matters in the country. People talk about it like it’s the omnipotent fixer of...

what cbn does

What You Think the CBN Does vs. What It Actually Does: A Deeper Look 

Assessing CBN’s economic policies powering naira’s rebound 

If you’ve been keeping up with recent news about the naira, you’ve probably noticed a shift—things are looking up!...

strength

EFEMS: How the New CBN's Policy Is Strengthening the Naira 

cardoso newimg

Cardoso: One year of riding the economy wave, inspiring hope 

6 Ways The CBN Is Trying To Put The Economy Back on Track and What It Means for You 

The Nigerian banking sector is embracing innovation and reforms, transforming its operational landscape.

piggy bank

Navigating the Evolution of Nigeria’s Banking Industry 

The Central Bank of Nigeria introduces FX reforms, including EFEMS, to boost market transparency and stabilize the naira.

fx-reforms

CBN’s Recent FX Reforms and Their Impact on Nigeria’s Economy 

CBN raises interest rates to 27.5% to combat inflation and stabilize Nigeria’s economy.