Naira Appreciates to N890 Following President’s Meeting with CBN Governor
In a significant turn of events, the Nigerian naira experienced a notable appreciation in the Peer-to-Peer (P2P) market as it...
Central Bank of Nigeria Implements Forex Measures to Tackle Naira Slide.
In response to the recent decline of the naira on the black market, the Central Bank of Nigeria (CBN) has...
Gold Prices Slide Amid Dollar Strength and China’s Economic Concerns.
In a response to elevated bond yields and growing economic apprehensions in China, gold prices experienced a decline on Tuesday....
Skepticism Over ‘De-Dollarization’: USD’s Reserve Currency Status to Persist.
Amidst persistent speculation about the longevity of the US dollar's reserve currency status, experts are calling for a reality check...
Central Bank of Nigeria Warns Against Illegal Forex Sales, Vows to Sanction Banks
The Central Bank of Nigeria (CBN) has issued a stern warning to commercial banks involved in unauthorized foreign exchange (forex)...
SERAP to SUE Sen. Akpabio Over ‘Holiday Allowances’ Comment.
The Socio-Economic Rights and Accountability Project (SERAP) has declared its intention to initiate legal proceedings against Senate President Godswill Akpabio,...
Foreign Reserve and Repatriation of Dollars Triggers Naira Depreciation- RateCaptain Analyst
In recent weeks, Nigeria's economy has been grappling with a significant depreciation of the naira, the country's currency. The root...
Gold Wrestles for Momentum as Traders Anticipate U.S. Inflation Report
Gold prices found themselves in a holding pattern on Wednesday as investors maintained caution ahead of crucial U.S. inflation data...
Nigerian Stock Exchange Not Among Africa’s Top Performers, Despite Recent Growth.
Despite witnessing a roaring and exceptional performance in recent months, with Bola Tinubu's emergence as Nigeria's President, the Nigerian Exchange...
Gold Prices Dip as Dollar Strengthens and Economic Optimism Grows.
As the dollar index reached a three-week high and 10-year U.S. Treasury yields rose, spot gold experienced a 0.7% decline...
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