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Canadian Dollar to Naira Exchange Rate Today, January 23, 2026

The Canadian Dollar (CAD) maintained relative stability against the Nigerian Naira (NGN) in early trading on Friday, January 23, 2026, as currency markets in Nigeria continued to reflect a broader pattern of consolidation in foreign exchange conditions. Both official and parallel market rates showed limited volatility, supporting optimism among forex traders and remittance recipients. In...
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EnterpriseNGR Projects Stronger Growth and Stability for Nigeria in 2026

Nigeria’s economy is set to experience greater stability in 2026, supported by continued reforms, improved policy coordination, and sectoral diversification, according to the 2026 Macroeconomic Outlook Report presented by EnterpriseNGR in Lagos on Thursday, January 22, 2026. The report, developed in collaboration with EY-Parthenon, highlights Nigeria’s transition from an adjustment phase to a more stable...
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Nigeria’s 2026 Macroeconomic Outlook Sees Growing Stability, Reform Gains

Analysts have projected that Nigeria’s economy will build on ongoing reforms and exhibit greater macroeconomic stability in 2026, according to the 2026 Macroeconomic Outlook Report presented by EnterpriseNGR in Lagos on Thursday, January 22, 2026. The outlook flags positive trends in growth, inflation and confidence indicators, while urging sustained policy focus. The report, developed with...
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EFCC Exposes Banks, Fintechs in N162bn Crypto Flows, N18.7bn Scam

The Economic and Financial Crimes Commission (EFCC) has alleged that a new-generation bank, multiple fintech companies and microfinance banks enabled the flow of N162 billion in cryptocurrency transactions and N18.7 billion in scam-linked proceeds through Nigeria’s financial system without performing required checks, the Commission said on Thursday, January 22, 2026. The disclosure came during a...
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Nigerian Shippers Reject Port Fees Hike, Warn of Inflation Risk

The National Shippers Association of Nigeria has rejected the recent increase in port service charges approved by the Nigerian Shippers’ Council, warning that the move could raise trade costs and worsen inflationary pressures across the economy. The association raised concerns following a maritime stakeholders’ meeting, arguing that the tariff adjustments were introduced without proper consultation...
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Nigerians Spend N1.54tn on Beer and Other Drinks in Nine Months

Consumers in Nigeria spent an estimated N1.54 trillion on beer and other beverages in the first nine months of 2025, according to an analysis of unaudited financial statements from major listed brewing companies, showing strong demand in the beverage sector despite broader economic challenges. The combined revenue figure reflects the sales performance of Nigerian Breweries...
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Nigeria Revamps Air Cargo to Boost Non‑Oil Exports

Efforts to strengthen Nigeria’s non‑oil export capacity are taking shape through reforms in the air cargo sector that focus on infrastructure, logistics efficiency and revenue processes, industry sources say. Nigeria’s non‑oil export sector has long faced logistical challenges that limit the competitiveness of agricultural and other export goods. The Federal Airports Authority of Nigeria has...

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