Economy

Nigeria's inflation rate climbed to 33.69% in April 2024, up from 33.20% in March, marking a 0.49 percentage point increase,...

The Federal Government of Nigeria has made significant strides in developing a national policy on the marine and blue economy,...

A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations...

In a significant crackdown, operatives of the Economic and Financial Crimes Commission (EFCC) conducted extensive raids on Bureau De Change...

In a concerning turn of events, the exchange rate between the Nigerian naira and the US dollar surged to an...

The Central Bank of Nigeria (CBN) has announced plans for a significant restructuring in its operations, aiming to transfer approximately...

Despite the Central Bank of Nigeria's (CBN) efforts to boost foreign exchange reserves, total direct FX remittances dropped by 6.28%...

Commercial banks in Nigeria drastically reduced loans to the government by 73.18% in March 2024, marking a substantial drop from...

The latest issuance of the Federal Government of Nigeria Savings Bonds (FGNSB) has garnered significant attention from investors, resulting in...

Banking stocks in Nigeria are bracing for further declines in share prices as the prospect of upcoming rights issues looms...