The Nigerian naira strengthened slightly in the parallel market yesterday, appreciating to N1,715 per dollar, a modest gain from the...

The Nigerian government has approved the long-awaited sale of ExxonMobil's onshore assets to Seplat Energy, finalizing a $1.28 billion deal...

**Abuja, October 22, 2024** — Nigeria's government forfeited N13.2 trillion in revenue due to its foreign exchange subsidy policy between...

China’s central bank, the People’s Bank of China (PBOC), has reduced its key benchmark lending rates by 25 basis points,...

The Federal Government of Nigeria has introduced a bill proposing the imposition of a 5% excise duty on telecommunications, gaming,...

The Federal Government of Nigeria has introduced a new bill aimed at providing tax relief on essential products, including sanitary...

Nigeria's capital expenditure dropped by 25.3% in the first half of 2024, amounting to N1.99 trillion, down from N2.68 trillion...

The Nigerian stock market ended Thursday’s trading session in the red, with the All-Share Index (ASI) dipping by 0.21%, losing...

The naira continued its decline against the U.S. dollar, closing at N1,660.49 in the official Investors and Exporters (I&E) window,...

The Nigerian naira has experienced a significant depreciation, falling below the crucial N1,650/$ support level in the official foreign exchange...