Economy

The naira experienced renewed pressure in the official foreign exchange market on Tuesday, depreciating by 0.71 percent against the dollar....

The Central Bank of Nigeria (CBN) has announced a significant policy change allowing eligible International Money Transfer Operators (IMTOs) to...

The Central Bank of Nigeria (CBN) has recorded a significant increase in direct remittances, with an additional $172 million reported...

Bureau De Change (BDC) operators in Nigeria are yet to comply with the Central Bank of Nigeria's (CBN) new operational...

The exchange rate between the naira and the dollar has dropped to a six-week low, closing at N1,490.2/$1 on Monday,...

We have been inundated with very worrisome news emanating from the recently inaugurated giant, the Dangote Refinery. In summary, their...

The Central Bank of Nigeria (CBN) announced on Saturday that its efforts to curb inflation through monetary policy tightening are...

The prices of major staple food items such as tomatoes, beans, garri, and potatoes rose by over 30% in May,...

The Nigerian naira demonstrated remarkable stability in the official market, maintaining alignment with Fitch Ratings' projections despite fluctuating within the...

The Federal Government of Nigeria has allocated a substantial $15.55 billion towards debt servicing from 2019 to 2024, according to...