Economy

Nigeria's crude oil production faced a second consecutive monthly decline in March, dropping to 1.231 million barrels per day (mbpd),...

Nigeria is poised to receive the balance of $1.05 billion from a $3.3 billion Afreximbank loan backed by oil revenues,...

The Central Bank of Nigeria (CBN) has issued a directive to all banks regarding the use of foreign currency-denominated collaterals...

In an effort to tackle excess liquidity within the banking sector, the Central Bank of Nigeria (CBN) has reported a...

The Central Bank of Nigeria (CBN) has announced the sale of foreign exchange (FX) to Bureau De Change Operators (BDCs)....

Since Friday, the price of Brent Crude has crossed the $90 per barrel threshold and surged beyond $91 per barrel...

In a promising development, the Nigerian naira continued its upward trajectory, marking its highest level against the dollar since its...

Nigeria's foreign exchange reserves have experienced a notable decline, decreasing by approximately $1.02 billion over an 18-day period as the...

The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Central Bank of Nigeria (CBN) to...

Sell-offs in the shares of Tier-one banks on Thursday contributed to a 0.32 per cent decline in the Nigerian Exchange...