Nigeria is witnessing a dramatic surge in sugar prices as a confluence of factors, including increased demand, unfavorable weather conditions,...

The Acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi, has announced that the CBN is working...

Nigerian aviation industry is facing a significant crisis as over 40 aircraft from domestic airlines are currently grounded, both abroad...

In the wake of unprecedented foreign exchange challenges, several banks in Nigeria have ceased providing forex services to their customers,...

China's Bank of Communications Co Ltd (BoCom) is reportedly planning an internal meeting to discuss potential changes to the rates...

Foreign investment in Nigerian stocks has reached its lowest point since President Bola Tinubu's transformative reforms that ignited a significant...

The Central Bank of Nigeria (CBN) has made a repayment of 5.10 billion Chinese yuan (CNY) out of the 6...

  In the aftermath of Nigeria's apex bank, the Central Bank of Nigeria (CBN), executing the naira's float and liberalizing...

The exchange rate between the Nigerian naira and the US dollar has taken a severe hit, sinking to N900/$1 on...

Prominent human rights activist and senior lawyer, Mr. Femi Falana, has taken the Central Bank of Nigeria (CBN) to court,...