The US Dollar Index (DXY) surged to its strongest level in two years, closing at 107.74 points on December 18,...

The Central Bank of Nigeria (CBN) has announced a new policy limiting cash-out transactions via Point of Sale (POS) agents...

The Central Bank of Nigeria (CBN) has reported a remarkable 61% increase in diaspora remittances processed through International Money Transfer...

Nigeria’s inflation rate climbed to 34.6% in November 2024, marking the highest level in 26 years. This rise, as reported...

The Nigerian stock market sustained its positive trajectory last week, buoyed by increased portfolio repositioning and renewed investor confidence. The...

PalmPay, a leading Nigerian fintech platform, has announced a new collaboration with Jumia, the popular e-commerce giant. This partnership enables...

The World Bank Board is expected to decide today on a $500 million loan to Nigeria aimed at enhancing rural...

The Association of Bureau De Change Operators of Nigeria (ABCON) has mandated its members to strictly adhere to business hours...

The Nigerian Foreign Exchange Market (NAFEM) saw a significant 61.9% year-on-year increase in dollar turnover, reaching $43.09 billion in the...

The Nigerian equity market began the week on a bearish note, reversing its recent upward momentum with a market capitalization...