The Naira strengthened to N1,165 against the dollar in the parallel market yesterday, up from N1,167 on Wednesday. However, it weakened to N832.32 per dollar...
Bismarck Rewane, a respected economist, emphasized that Nigerians prioritize the decrease in prices of essential goods such as rice, bread, and garri over budgetary figures....
The Nigeria Deposit Insurance Corporation (NDIC) announced the establishment of a specialized unit within the Economic and Financial Crimes Commission (EFCC) to investigate and prosecute...
The Supreme Court has determined that both the old and redesigned Naira banknotes will continue as legal tenders in Nigeria past December 31. This decision...
The Nigerian currency, the Naira, faced further devaluation against the US Dollar on Tuesday in both the official and parallel foreign exchange markets. Official data...
The Naira, Nigeria’s currency, experienced a depreciation against the US Dollar on Monday in the foreign exchange market. According to official data from FMDQ, the...
The soaring cost of cooking gas in the nation prompted the Federal Government’s intervention. Minister Ekperikpe Ekpo stressed the need for solutions to overcome domestic...
The Governor of Nigeria’s Central Bank, Olayemi Cardoso, revealed at the 58th Annual Bankers’ Dinner that Nigeria suffered a $1.4 billion loss over eight years...
On Friday, Nigeria’s currency, the Naira, showed strength against the US Dollar in the foreign exchange market. According to official data from FMDQ, the Naira...
The National Bureau of Statistics revealed that Nigeria experienced a 2.54% year-on-year increase in its Gross Domestic Product in real terms during the third quarter...