Elizabeth Adegbesan

Articles by Elizabeth Adegbesan

Naira down to N1,465/$ in parallel market 

NewsMay 12, 2026

By Elizabeth Adegbesan THE Naira yesterday depreciated to N1,387 per dollar in the parallel market from N1,383 per dollar last week Thursday. But the naira appreciated to N1,367.5per d...

Economic activity expands 55.7 index points in January

NewsFebruary 5, 2026

By Elizabeth Adegbesan Economic activities in Nigeria expanded for the 14th consecutive month in January 2026, to 55.7 index points. According to the Central Bank of Nigeria, CBN, Purch...

Banks divert credit to services sector

NewsFebruary 5, 2026

•…as industry sector credit declines By Elizabeth Adegbesan Banks have moved the bulk of their credits to the services sector, leaving industry sector with a declining loan po...

Naira now N1,450/$ in parallel market

NewsFebruary 5, 2026

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,450 per dollar in the parallel market from N1,455 per dollar on Tuesday. Similarly, the naira recorded its third consecutive day of ...

Tight monetary conditions trigger decline in credit to industry, other sectors

NewsFebruary 4, 2026

By Elizabeth Adegbesan Tight monetary conditions in Nigeria’s financial sector have led to a decline in credit to the industry, services and consumer segments of the economy, according to the Cent...

Naira rises to N1,465/$ in parallel market

NewsFebruary 3, 2026

By Elizabeth Adegbesan The Naira today appreciated to N1,465 per dollar in the parallel market from N1,470 per dollar last weekend.Similarly, the naira strengthened in the Nigerian Foreign Exchang...

Naira hits 22-month high in official market, rises to N1, 394/$

NewsJanuary 29, 2026

By Elizabeth Adegbesan The naira yesterday rose to a 22-month high in the official foreign exchange market, appreciating to N1,394 per dollar at the Nigerian Foreign Exchange Market (NFEM). Thi...

Naira rises to N1,490/$ in parallel market

NewsJanuary 28, 2026

By Elizabeth Adegbesan THE Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,495 per dollar on Monday.Likewise, the naira appreciated to N1,420 per dollar in the Nige...

Naira now N1,490/$ in parallel market

NewsJanuary 27, 2026

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,495 per dollar last weekend.Similarly, the naira depreciated to N1,416.5 per dollar in th...

Naira appreciates to N1,488/$ in parallel market

NewsJanuary 22, 2026

By Elizabeth Adegbesan The Naira yesterday appreciated to N1,488 per dollar in the parallel market from N1,490 per dollar on Tuesday. But the naira depreciated to N1,423 per dollar in the Niger...

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