The editorial questions the Central Bank of Nigeria’s purported expenditure efficiency and calls for greater scrutiny of the costs associated with producing its outputs. The discussion focuses on transparency, governance, and accountability at the central bank, issues that may influence perceptions of Nigeria’s financial and regulatory environment.
Nigeria has failed the U.S. Department of State's minimum fiscal transparency requirements for a second consecutive year. The report said the country made no significant progress in 2025 toward improving financial management and increasing openness around public finances.
US President Donald Trump claimed the United States has total control of the Strait of Hormuz, while Iran rejected the assertion and said the waterway remains blocked pending conditions. Vessel traffic reportedly fell to eight transits on Tuesday from about 130 daily before the conflict, alongside a Houthi strike that killed six people.
The Central Bank of Nigeria has removed restrictions on the use of its discount window for foreign-exchange and government-securities transactions. The policy also expands OMO access through banks to individuals, corporates and non-bank financial institutions, while resuming repos with tenors of up to 90 days.
West Africa needs an estimated $3 billion regional settlement facility, harmonised regulations and deeper cross-border integration to unlock a projected $3 trillion energy market, according to RHG chairman Yahyah. The proposal focuses on building an integrated regional energy market involving Nigeria and other West African countries.
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