Economy

Nigeria has recorded a significant 66% increase in foreign exchange (FX) supply, reaching $15.2 billion through the official market window,...

Foreign portfolio investment (FPI) outflows from Nigeria have surged dramatically by 237% in the first quarter of 2024 compared to...

The Central Bank of Nigeria (CBN) has announced a significant adjustment to its monetary policy following the 295th meeting of...

Nine financial institutions in Nigeria paid fines totaling N678 million in 2023 for regulatory violations, a significant decrease from the...

In a surprising turn of events, the naira appreciated significantly against the dollar in the parallel market on Friday, May...

The Nigerian naira has hit a new low, trading at N1,533.99 to the dollar in the official market, stirring widespread...

In a bid to address persistent power outages in Nigeria, President Bola Tinubu has approved a phased payment plan for...

The Nigerian Customs Service (NCS) has adjusted the exchange rate for import duty collections from N1492/$ to N1530/$. This change...

In a recent announcement, the Federation Account Allocation Committee (FAAC) has disclosed the distribution of N1.208 trillion to the federal,...

After experiencing a week of depreciation, the Nigerian naira made a significant recovery on Wednesday, trading at N1,459.02 per dollar...