Economy

The Nigerian naira has hit a new low, trading at N1,533.99 to the dollar in the official market, stirring widespread...

In a bid to address persistent power outages in Nigeria, President Bola Tinubu has approved a phased payment plan for...

The Nigerian Customs Service (NCS) has adjusted the exchange rate for import duty collections from N1492/$ to N1530/$. This change...

In a recent announcement, the Federation Account Allocation Committee (FAAC) has disclosed the distribution of N1.208 trillion to the federal,...

After experiencing a week of depreciation, the Nigerian naira made a significant recovery on Wednesday, trading at N1,459.02 per dollar...

Nigeria's inflation rate climbed to 33.69% in April 2024, up from 33.20% in March, marking a 0.49 percentage point increase,...

The Federal Government of Nigeria has made significant strides in developing a national policy on the marine and blue economy,...

A senior official from the Association of Bureau De Change Operators of Nigeria (ABCON) has pointed to insufficient dollar allocations...

In a significant crackdown, operatives of the Economic and Financial Crimes Commission (EFCC) conducted extensive raids on Bureau De Change...

In a concerning turn of events, the exchange rate between the Nigerian naira and the US dollar surged to an...