Economy

Nigeria's ambitious foreign exchange reforms, spearheaded by President Bola Tinubu, have failed to yield the desired outcomes, as evidenced by...

The Nigerian Naira witnessed a significant appreciation against the US Dollar on Monday, marking a 10.71% increase and closing at...

In a recent development, the exchange rate for customs duties collection has held steady at N1,480 to the US dollar,...

Nigeria is witnessing an unprecedented surge in internet consumption, with monthly usage skyrocketing by more than 501.99 percent since 2019....

The Federal Government of Nigeria has filed a suit in the Supreme Court to prevent the governors of the 36...

The naira has held steady against the dollar in the parallel market, trading at N1,500/$1 on Friday, an improvement from...

Nigeria is grappling with a significant decline in foreign exchange reserves, leading to extended timelines for issuing letters of credit...

International Breweries has received the green light from the Securities and Exchange Commission (SEC) for its proposed rights issue, aiming...

The Central Bank of Nigeria (CBN) successfully raised N638.98 billion through its latest treasury bill auction held on May 22,...

In 2023, Nigeria's leading banks collectively generated N392 billion from electronic business, driven by a shift towards cashless transactions encouraged...