Mr. Femi Otedola, one of Nigeria's prominent billionaires, has accused Jim Ovia, Chairman of Zenith Bank, of engaging in fraudulent...

Akinwumi Adesina, the President of the African Development Bank (AfDB), has raised concerns over the detrimental impact of non-transparent resource-backed...

In a stark reversal of trends, Point-of-Sale (POS) transactions in Nigeria plummeted by N225.73 billion in the first quarter of...

The Central Bank of Nigeria (CBN) has debunked a recent news circular circulating online that claims to be a letter...

The Federal Government has announced a significant milestone in its efforts to recover outstanding debts owed by Ministries, Departments, and...

Despite recent statements from the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, concerning the country's external reserves, data from...

The Economic and Financial Crimes Commission (EFCC) has taken decisive action to curb illicit peer-to-peer forex trading, freezing approximately 300...

Despite the recent reduction in diesel price announced by Dangote Petroleum Refinery, oil marketers across Nigeria have maintained high pump...

Nigeria's official exchange rate plummeted to a month-to-date low of N1300/$1 on Tuesday, April 23, 2024, as reported by data...

The global financial markets are witnessing an unexpected force in 2024: the resurgence of the US dollar. With the US...