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Cardoso launches CBN Naira Ambassadors Club

•Urges Nigerians to protect currency By Emma Ujah, Abuja Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has launched the CBN Naira Ambassadors Club, a campaign aimed at promoting respect for and proper handling of the Naira among young Nigerians. Speaking at the inauguration of the club, comprising secondary school students in […]

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Net forex inflow  falls 24% to $6.92bn

ByElizabeth Adegbesan  Net Foreign exchange (forex) into the economy fell  by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month.  The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026. The report showed that  the decline in net forex was driven by […]

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Breaking NewsBusinessNewsNiaja News

Net forex inflow  falls 24% to $6.92bn

ByElizabeth Adegbesan  Net Foreign exchange (forex) into the economy fell  by 24 per cent, month-on-month, MoM to $6.92 billion in February from $9.22 billion recorded the previous month.  The Central Bank of Nigeria, CBN disclosed this in its monthly economic report for February 2026. The report showed that  the decline in net forex was driven by […]

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Wema Bank secures €50m EIB facility to support SMEs

By Henry Obetta  Wema Bank has secured  a Euro 50 million (N78.5 billion) financing facility from the European Investment Bank’s development arm, EIB Global, to expand access to credit for small and medium-sized enterprises (SMEs), with a strong focus on women- and youth-owned businesses. The agreement, signed in Lagos, marks the first transaction between EIB […]

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