High interest rate spread in Nigerian banks could potentially drag the country's economy by 20 to 30 percent, adding more ...
5. The Naira on Thursday appreciated to N1,493 per Dollar in the official foreign exchange market. Data published by the ...
Nigeria recorded constant currency growth of 35% in Q3. East Africa and Francophone Africa also showed strong performances with growth rates of 23% and 10.2%, respectively. Investments in financial ...
Upon taking office as the 47th President of the United States, Donald Trump demonstrated a clear alignment of his presidential agenda with his campaign promises. Whether one agrees with him or not, he ...
ShareAn economist, Dr Ayo Teriba, has urged the Federal Government to shore up the country’s foreign reserves to stabilise ...
Nigeria's e-payments surged to a record-breaking N1.07 quadrillion in 2024, driven by the CBN's cashless policy.
The Nigerian naira rallied for the third day in the official window, trading at N1,522.60 from N1,533 per dollar following ...
The Naira has appreciated to ₦1,640 per dollar in the parallel market, strengthening from ₦1,655 recorded on Monday, January ...
This move comes as part of stricter capital requirements aimed at supporting economic growth and strengthening the resilience of Nigeria's financial system. Zenith Bank announced on January 26 it ...
The Dangote Petroleum Refinery is set to receive a shipment of up to 12 million barrels of crude oil from the United States, ...
The naira depreciated slightly in the official foreign exchange market but rose in the parallel segment as the dollar ...