Economy

In June 2024, Nigeria experienced a rise in its headline inflation rate, reaching 34.19%, a slight increase from 33.95% recorded...

The Nigerian naira experienced a significant drop against the US dollar in both the official and parallel markets on Thursday,...

The Central Bank of Nigeria (CBN) has reported an improvement in the value of the naira against the British pound...

In a significant move to resolve supply disputes and boost local refining capacity, the Nigerian government has mandated local crude...

In a significant legislative decision, the Nigerian Senate on Thursday dismissed a proposed bill that aimed to overhaul the regulations...

The Corporate Affairs Commission (CAC) has announced plans to cancel the certificates of incorporation for Bureau De Change (BDC) operators...

The naira began Thursday's trading session on a weaker note against the British pound sterling, surpassing the N2,000 threshold. Concurrently,...

In a bid to alleviate the soaring prices of essential food items across Nigeria, the federal government has announced sweeping...

The amount of currency circulating outside the Nigerian banking system surged to a new peak of N3.71 trillion in May...

The exchange rate for customs duties collection in Nigeria has seen a minor decrease, dropping from N1,516/$ to N1,512/$ between...