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Economic news with real-world context. Scan Naira, market movements, and business decisions to understand their impact on everyday life beyond numbers and statistics - markets with meaning.

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Nigeria Business News Digest: Markets, Money, and Meaning

Economic news with context. Scan the market, Naira movements, and business decisions, and understand their impact on everyday life.
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Key points: Official CBN Rate: N1,445.9 / USD Black-Market Rate: N1,470 / USD Drivers: Strong CBN reserves, festive FX demand, remittances, oil...
The Digest: The African Development Bank has approved a $500 million policy-based loan to support Nigeria’s economic governance and energy...
President Bola Tinubu has nominated three seasoned professionals with extensive security and diplomatic backgrounds as non-career ambassadors to...
The Digest: The Nigerian National Petroleum Company Limited has reduced its pump price to ₦930 per litre, following price cuts by Dangote...
Key Points: Official CBN Rate: ~₦1,446 / USD Black-Market Rate: ₦1,460–₦1,465 / USD Drivers: Tight FX liquidity, strong street demand, limited...
The Digest: According to reports from Channels Television, Aviation Minister Festus Keyamo has announced plans to seize and sell Dana Air's...
The Digest: Nigerian workers can access portions of their pension savings before retirement, a provision that brings flexibility to financial...
Official CBN/NAFEM Rate: ₦1,441 / $1 Black-Market Rate: ₦1,455 / $1 Drivers: CBN maintains MPR at 27%, tight monetary stance, improved FX inflows...
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