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Nigeria’s Crypto Transactions Hit $96bn as SEC Tightens Oversight
Nigeria's digital asset market has seen approximately $96 billion in cryptocurrency and virtual asset transactions, according to the Director-General of...
Naira Strengthens to N1,355/$ on Monday, Marking Strongest Level in Four Weeks
The Nigerian naira extended its recent recovery in the official foreign exchange market, closing at N1,355 per US dollar on...
Naira Rebounds to N1,363.5/$ on Friday After Early-Week Slide, Boosted by Improved FX Supply
The Nigerian naira staged a notable recovery in the official foreign exchange market last week, closing at N1,363.5 per US...
Cash Outside Banks Drops N198bn in January as Money Supply Contracts
Currency held outside Nigeria’s banking system fell sharply by N197.68 billion in January 2026, declining to N5.21 trillion from N5.41...
CBN Limits Mobile Banking Apps to One Device in New Security Push for Instant Payments
The Central Bank of Nigeria (CBN) has introduced a major security enhancement for digital banking, restricting mobile banking applications to...
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