Economy

Recent data from the Financial Markets Dealers' Quotation (FMDQ) platform has revealed notable fluctuations in Nigeria's foreign exchange market, highlighting...

The Central Bank of Nigeria (CBN) has reiterated its commitment to ensuring the safety of depositors' funds and the resilience...

Nigeria has experienced a substantial increase in its foreign debt servicing expenditures, escalating by 96% year-on-year, according to recent data...

The Nigerian National Petroleum Company Limited (NNPCL) has categorically denied allegations that it inflated petrol subsidy claims by N3.3 trillion...

The Nigerian foreign exchange (FX) market experienced a significant downturn on Monday, with turnover plummeting by 39.95%. The drop saw...

The Nigerian naira has demonstrated resilience in the face of European political turmoil, gaining ground against the euro in the...

In reaction to the Central Bank of Nigeria's (CBN) recent hike in the Monetary Policy Rate (MPR), the financial services...

Oando Plc, a prominent indigenous energy company, has disclosed its successful involvement in the Project Gazelle financing deal with a...

In a significant financial development, the African Export-Import Bank (Afreximbank) has disbursed an additional $925 million to the Nigerian government...

The Nigerian Exchange (NGX) closed the first week of June on a broadly negative note, with the market experiencing a...