Economy

The devaluation of the Nigerian naira in 2023 resulted in significant foreign exchange gains for the Nigeria Identification for Development...

The Nigerian Naira showed a significant improvement against the US dollar in the parallel market on Tuesday, appreciating to N1,585...

The Nigerian equity market experienced a significant downturn on Monday, shedding N93 billion, echoing the global market's broader decline. The...

The devaluation of the Naira in 2023 resulted in a significant foreign exchange gain of ₦8.6 billion for Nigeria’s Identification...

In response to widespread protests over escalating living costs and economic hardship, the Federal Government of Nigeria has allocated ₦570...

In the first half of 2024, five Nigerian banks collectively reported foreign exchange gains amounting to N67.89 billion. This represents...

Nigeria's public debt stock is projected to surge to N130 trillion by the end of 2024, according to a recent...

The Nigerian banking sector has experienced a significant boost in customer deposits, reflecting renewed confidence in the industry during the...

Leading Nigerian banks are making significant moves to raise N1.26 trillion in compliance with the Central Bank of Nigeria’s (CBN)...

In a notable development on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, the naira appreciated to N1,570/$1 on Thursday,...